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German benchmark DAX index closes above 11,000 points Thursday

Xinhua, February 20, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Thursday registered gains and closed above 11,000 points.

Although Greece and its creditors have yet to come to an agreement, investors were happy to see that the euro zone consumer confidence rose more than expected in February, according to the German business daily Handelsblatt. The blue-chip index added 40.94 points and closed at 11,001.94 points.

The top riser Adidas AG gained 4.96 percent. Volkswagen AG Vz advanced by 2.76 percent. Continental AG climbed by 1.52 percent. Deutsche Boerse AG added 1.3 percent. Merck KGaA, a pharmaceutical, chemical and life science company, went up by 0.83 percent.

The utilities company RWE AG dropped the most at 1.39 percent. Infineon Technologies AG, a semiconductor producer, lost 1.37 percent. E.ON SE, another utilities company, slipped by 1 percent. LANXESS AG, a leading specialty chemicals company, slid by 0.98 percent, and ThyssenKrupp AG went down by 0.76 percent.

Overal turnover stood at 3.71 billion euros (around 4.22 billion U.S. dollars), and Adidas AG was the most traded share of the day with a turnover of 346.33 million euros. Endit