Germany's benchmark DAX index slumps
Xinhua, January 15, 2015 Adjust font size:
The benchmark DAX index at the Frankfurt Stock Exchange on Wednesday dropped by 123.92 points and closed at 9,817.08 points.
The slump in copper prices, weak U.S. retail sales data and uncertainty about further monetary policy steps of the European Central Bank weighed on the market on Wednesday.
The blue-chip index fell by 1.25 percent and thus gave up a great portion of its strong gains of the previous two trading days again.
The medical supplier Fresenius Medical Care AG & Co. topped the list of risers, up by 0.68 percent. The health care company Fresenius SE & Co. KGaA and teh semiconductor producer Infineon Technologies AG also rose by 0.59 percent and 0.39 percent.
The steel giant ThyssenKrupp AG suffered the lost at most by 5.68 percent. Commerzbank AG declined by 4.12 percent. The utilities company RWE AG St slipped by 2.96 percent. The chemical group LANXESS went down by 2.91 percent and BMW AG St slid by 2.04 percent.
The turnover stood at 4.19 billion euros (around 4.93 billion U.S. dollars). Daimler AG was the most traded share of the day with a turnover of 348.33 million euros. (1 euro = 1.18 U.S. dollars). Endit