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Germany's benchmark DAX index advances

Xinhua, January 14, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Tuesday advanced by 159.1 points and closed at 9941 points.

The blue-chip index rose by 1.63 percent. Some market players are confident that the European Central Bank (ECB) will announce fresh easing measures as the euro zone is faced with the threat of deflation, according to the German business daily Handelsblatt.

Commerzbank AG topped the list of risers, up by 5.14 percent. Continental AG advanced by 4 percent. Deutsche Lufthansa AG added 3.32 percent. BASF SE rose by 3.23 percent. Deutsche Bank AG climbed by 3.18 percent.

The utilities company E.ON SE declined by 2.14 percent. The steel giant ThyssenKrupp AG lost 2.1 percent. Another utilities company RWE AG St slipped by 1.41 percent. K+S Aktiengesellschaft, a fertilizer company went down by 0.74 percent and adidas AG slid by 0.51 percent.

The turnover stood at 4.23 billion euros (around 5.01 billion U.S. dollars). Daimler AG was the most traded share of the day with a turnover of 347.17 million euros (around 410.93 million U.S. dollars). Enditem