Europe AccumulationThe Frankfurt exchange has been active with its trading, currently about 1.70euro ($2.37).
The interesting thing about the tax structure in Germany is that it encourages investors to buy and hold - the capital gains tax is reduced for stocks held longer than a year. So if they are buying, they may be buying to hold, and therefore sucking up INT shares like a sponge. The good thing about that is that is drives up the SP, but does contribute to volatility among the remaining shares available on the open market.
Frankfurt is a bell weather for waht may happen in NA - and Vis Versa.
J M O
Dave1965