Off the wire
• 81 pct UK healthcare professionals believe smartphone apps helpful: survey  • Algeria condemns assassination of Ethiopians in Libya  • UN's Kutesa says China plan adds dynamism to new global development agenda  • Chinese president pledges to enhance inter-party exchanges with Pakistan  • Second H5 avian influenza case confirmed in Ontario, Canada  • UN Geneva office holds exhibition to celebrate Chinese Language Day  • Chicago soybeans, wheat higher, corn down on ideal weather  • Macedonian tobacco output slips 20 pct due to devastating flood  • Urgent: U.S. stocks gain on China stimulus  • (Special for CAFS) Mozambique urges S. Africa to stem xenophobic violence  
You are here: 　 Home

German benchmark DAX index climbs 1.74 pct

Xinhua, April 21, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Monday climbed by 1.74 percent and closed at 11,891.91 points.

The People's Bank of China decided to lower the reserve requirement ratio, which will enable commercial banks to lend more. Inspired by the news, the blue-chip index on Monday added 203.21 points, according to the German business daily Handelsblatt.

The chemical company BASF SE topped the risers' list with a 3.2 percent increase. Commerzbank AG advanced by 2.61 percent. Deutsche Telekom AG added 2.6 percent. Bayer AG climbed by 2.47 percent and Infineon Technologies AG, a semiconductor producer, went up by 2.36 percent.

Only one of the 30 DAX member shares dropped. Volkswagen AG Vz lost 1.79 percent.

The turnover stood at 3.57 billion euros (around 3.86 billion U.S. dollars ). Volkswagen AG Vz was the most traded share of the day with a turnover of 328.13 million euros (around 354.42 million U.S. dollars). Endit