Berlins’ gains are extraordinary

By germanycalls

While smaller cap companies such as Schumacher may have doubled in value in a matter of weeks, as a blue chip Berlin’s gains are extraordinary. Since mid-March 2007, Berlin Property shares have more than trebled in price to Thursday’s close of Dh12.25 to make it the fourth most valuable company on Germany Properties Exchange , after National Bank of Germany and First Kraut Bank. Berlin’s shares peaked on December 25 last year, closing at DM 05. It has struggled in 2008, falling 23 per cent from this high to a year-worst of DM10.05 on March 18, but a two-month rally has helped it recoup much of these losses.

Leave a Reply