Germany's benchmark DAX index closes up
Xinhua, May 9, 2015 Adjust font size:
The benchmark DAX index at the Frankfurt Stock Exchange on Friday advanced markedly by over 300 points and closed at 11,709.73 points.
The United States created 223,000 new jobs in April and the unemployment rate dropped to 5.4 percent, the lowest level since May 2008. The job data from the United States encouraged investors at the exchange, which pushed the blue-chip index higher, according to local analysts. The DAX index went up by 2.65 percent.
K+S Aktiengesellschaft, an agricultural chemical and salt company, led the risers' list with an increase of 4.7 percent. BMW AG St added 4.68 percent. Bayer AG advanced by 4.2 percent. LANXESS AG, a chemical group, climbed by 4.05 percent and the utilities company RWE AG St went up by 3.95 percent.
The utilities company E.ON SE was the only one that dropped on Friday. It lost 0.11 percent.
The turnover stood at 5.03 billion euros (around 5.63 billion U.S. dollars ). Bayer AG was the most traded share of the day with a turnover of 411.7 million euros. (1 euro = 1.12 U.S. dollars). Endit