German stocks rose on Thursday after overnight data showed U.S. consumer confidence rose to an eight-month high in December on the back of declining inflation expectations and a strong labor market.
The benchmark DAX was up 43 points, or 0.3 percent, at 14,141 after rallying 1.5 percent on Wednesday.
Banks traded higher, with Deutsche Bank rising nearly 1 percent and Commerzbank gaining half a percent.
Automakers were mixed, with Volkswagen losing around 1 percent.
Hornbach Holding AG & Co. KGaA, a DIY-store chain operator, added 1 percent after backing its FY23 outlook.
Retailer Metro AG edged up slightly after saying that it agreed to divest Metro India to Reliance Retail Ventures Limited.
DAX Edges Higher In Holiday-thinned Trade
2022-12-22 08:50:17
