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<title>German Shares Higher Midday on US Gains and News Merkel to Become Chancellor</title>
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<description>FRANKFURT (AFX) - Shares were higher in midday trade, amid US gains on Friday and as Gerhard Schroeder&#x26;#x27;s Social Democrats announced they have agreed that conservative Christian Democrat leader Angela Merkel should replace him as chancellor at the head of a coalition government, dealers said. At 11.40 am, the DAX 30 index was at a session high, up 49.36 points or 0.99 pct at 5,057.13, having moved between 5,027.28-5,057.13 so far this session. The MDAX was at 7,023.10, up 52.24 points or 0.75 pct, while the TecDAX was at 603.32, up 3.64 points or 0.61 pct. The DAX future was...</description>
<author>Forbes.com</author>
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