Germany’s DAX to reopen after unknown glitch

Germany’s DAX 30 index is set to reopen for trading around 9:40 a.m. local time, or 4:40 a.m. Eastern Time, after being failing to open at the usual time earlier on Friday. A spokesperson from Deutsche Boerse said trading would start again at 9:30 a.m local time with an auction, which usually takes about 10 min. That means regular trade will commence at 9:40-9:45 a.m., he said. “We can’t say anything yet about the reasons for this or the background, but we are checking in to this of course,” he said.

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From:: Stock Market News

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