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Germany's benchmark DAX index closes up

Xinhua, June 4, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Wednesday went up by 90.82 points and closed at 11,419.62 points.

The European Central Bank (ECB) president Mario Draghi said on Thursday that the asset purchase programs of the bank are running smoothly and the inflation expectations in the euro area recovered. The blue-chip index added 0.8 percent.

Fresenius Medical Care AG & Co. advanced by 2.2 percent. ThyssenKrupp AG rose by 1.88 percent. Commerzbank AG added 1.73 percent. The utilities company RWE AG St climbed by 1.68 percent and BASF SE went up by 1.41 percent.

Merck KGaA, a pharmaceutical, chemical and life science company, dropped by 0.48 percent.

The turnover stood at 3.88 billion euros (around 4.28 billion U.S. dollars ). Daimler AG was the most traded share of the day with a turnover of 381.81 million euros (around 420.69 million U.S. dollars). Endit