Australian Uranium News - Research
FRANKFURT (MarketWatch)
Sept. 28, 2009
German stocks and nuclear power plant operators in particular rose, while solar-related companies dropped Monday after election results indicated that a center-right coalition will be formed.
In Sunday's election, Chancellor Angela Merkel's conservative CDU/CSU bloc won 33.8% of the vote, while the pro-business Free Democratic Party (FDP) captured 14.6% of the vote, according to projections by German television ARD, allowing for the creation of a center-right coalition.
"The German market usually performs better after CDU/FDP wins," said Martin Lueck, economist at UBS, in a note to clients. "Last night's outcome should therefore be good news for the market."
"The German market usually performs better after CDU/FDP wins," said Martin Lueck, economist at UBS, in a note to clients. "Last night's outcome should therefore be good news for the market."
Germany's center-right parties generally want to reduce taxes and create investment incentives.
tturaniuminvest !
Could this be the trigger to set the Uranium spot into an uptrend
fingers crossed that it is.
Current Spot Price
Could this be the trigger to set the Uranium spot into an uptrend
fingers crossed that it is.
Current Spot Price
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