India, Feb. 17 -- The German stock market is modestly higher on Tuesday in cautious trading with investors digesting the final inflation data and continuing to follow geopolitical news.
Germany's consumer price inflation accelerated in January, as estimated, on higher food and services costs, final data from Destatis revealed today.
The benchmark DAX, which dropped to 24,733.99 earlier in the session, was up 10 points or 0.04% at 24,822.50 a few minutes before noon.
Zalando and Commerzbank are up 2.3% and 2.2%, respectively. Vonovia is gaining nearly 1.5%, while Allianz, Hannover Rueck, SAP, Daimler Truck Holding and Adidas are up 0.5%-1%.
Brenntag is declining by 2.1%. Merck is down 1.25%, while Beiersdorf and Qiagen are drifting lower...