DAX stands out on the opening as the CAC 40 slips

The European stock markets have just reopened and rather unsurprisingly, the standout performer on the opening has been the DAX. As noted here earlier this morning, the index has been lifted by the better than expected results from SAP. As you can surely see right now, the DAX is rising when all around it are in the red. That applies to the FTSE 100 (as already noted) and also for the CAC 40. The French stock market is falling back close to that 7,500 handle once again. The index had closed yesterday at 7,536, with a loss of 76 points on the day and it is not doing a very good job of rebounding so far in very early trading. As to how significant that 7,500 handle is anymore is open to debate. That is because it has been traversed so many times now, it might be best to ignore any significance of it anymore? Either way the CAC 40 is falling back this morning, currently trading at 7,515