After initial losses, Dax closes one percent up

Frankfurt After the emergency takeover of Credit Suisse by UBS, there was also unrest on the German stock market on Monday: After the start of trading, the leading German index was almost two percent down at 14,458 points, but turned positive according to statements by bank supervisors. At the close of trading, the Dax was 1.1 percent higher at 14,933 points.

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