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DAX opens above 18,500 as SAP lifts more than 5%

Following on from a prior update noting the impact of SAP on the DAX futures, the index has just reopened for live trade and it has extended the gains seen earlier in the futures. The DAX has just kicked off live trading above 18,500. Shares of SAP are higher by more than 5.25% on the opening this morning and that is the driver. Meantime, the FTSE 100 and the CAC 40 are lagging on the opening and its the DAX where the early buyers are clearly most in evidence
 

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