Volkswagen shares up 4% ahead of appointment of new CEO
Auto giant Volkswagen
Frankfurt - Arab Today
Shares in auto giant Volkswagen shot up more than four percent in early trading on the Frankfurt stock exchange on Friday ahead of the widely anticipated announcement of its new chief executive.
VW shares, which have bounced back over the past two days from unprecedented losses at the start of the week, hit an intraday high of 117 euros in the first few minutes of trading, an increase of 4.3 percent from the closing price the day before.
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Moscow - TASS
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