German investor sentiment back in positive territory in November

Frankfurt

INVESTMENT sentiment in Germany rebounded in November, a survey found on Tuesday, adding to signs that Europe's biggest economy is stabilising, in another piece of positive news for the eurozone.

After hitting a 22-month low in October, the widely watched investor confidence index calculated by the ZEW economic institute was back in positive territory in November, jumping to 11.5 points from -3.6 points the previous month, ZEW said in a statement. The increase was much bigger than analysts had expected.