Abstract

ON ALL STOCK EXCHANGES OF THE WORLD, the market barometers throughout 1959 stood at fair weather. The price advances on the West German stock exchanges were particularly strong. It was the best market year of the post World War II period, even though 1958 had already been seen a substantial rise. The German stock index' rose during 1958 from approximately 200 to 300, or an average market price increase of about 50%. During the early months of 1959 there was a sharp sell-off as a result of the nervousness which grew out of the Soviet Berlin-Note. But, as the political clouds cleared, the market recovered. By May, the index stood at 350. At the end of November it stood at 484, and by December 31, at 516.

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