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German benchmark DAX index continues to advance

Xinhua, February 5, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Wednesday continued to advance and closed at 10,911.32 points.

The negotiations of the Greek government about its bailout plan made investors wary and the prospect of influx of more liquidity from the European Central Bank (ECB), on the other hand, push the blue-chip index higher, according to analysts.

Henkel AG & Co. KGaA Vz, a home care and personal care company, topped the list of risers. It added 2.16 percent. Merck KGaA, a personal care company, rose by 1.68 percent. Volkswagen AG Vz advanced by 1.3 percent. The company software giant SAP SE climbed by 0.81 percent and adidas AG went up by 0.79 percent.

RWE AG St continued to drop. It went down by 1.38 percent. Steel giant ThyssenKrupp AG slipped by 1.29 percent. K+S Aktiengesellschaft, a standard and speciality fertilizer producer, slid by 1.22 percent. The utilities company E.ON SE lost 0.71 percent and Siemens AG went down by 0.49 percent.

Turnover stood at 3.91 billion euros (around 4.45 billion U.S. dollars). Daimler AG was the most traded share of the day with a turnover of 366.64 million euros (around 417.16 million U.S. dollars). Endit