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Economy / Finance

US Jobs Data Next

2 percent increase from the previous day’s closing level

Leading the gains were shares of Infineon, Rheinmetall and Daimler Truck Conversely, Beiersdorf, Bayer and Henkel were among the worst performers

Market analyst Andreas Lipkow noted a sense of restraint among investors as the week drew to a close “Market participants are showing a degree of caution at the end of the week” he said, adding that most investors are preferring to remain on the sidelines ahead of key US labor market data

Lipkow observed that Daimler Truck, Infineon and banking stocks were in demand during relatively thin trading, while shares of Beiersdorf, Bayer and Henkel faced selling pressure “No clear trend can be discerned and this is reflected in individual stock performance” he explained

The Euro strengthened against the US dollar on Friday afternoon At that time, one Euro was worth 11695 US dollars, while one US dollar was equivalent to 08551 Euros