India, July 3 -- Germany's equity benchmark DAX climbed to a new record high on Friday, as easing concerns about inflation and interest rates continued to prompt investors to pick up stocks.

The benchmark DAX, which climbed to 25,813.94 earlier in the session, was up 156.0 points or 0.61% at 25,703.30 a little while ago.

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E.ON climbed nearly 4%, while Siemens, Gea Group, Hochtief and RWE moved up 1.7%-2.2%.

Infineon Technologies and MTU Aero Engines both gained about 1.5%. Daimler Truck Holdings, Volkswagen, Mercedes-Benz, Deutsche Bank, Siemens Energy and Continental moved up 1%-1.3%. Heidelberg Materials and BMW also climbed notably higher.

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