Around the World's Markets: Frankfurt

Monday 19 July 1999 23:02 BST

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GERMAN SHARES inched up towards year-high levels but the sinking euro and shaky Bund kept many players sidelined. The DAX ended up 0.09 per cent, or 4.80 points, at 5,624.74 points, shedding some of its gains as Wall Street faltered in early trade following Friday's record high.

Euro weakness at around $1.016 pushed European government bonds lower. "With stock turnover so low it's hard to predict a trend, but the mood is still pretty good," said one trader.

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