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Germany's benchmark DAX index closes up

Xinhua, July 10, 2015 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Thursday rebounded and gained nearly 250 points.

Irish Finance Minister Michael Noonan thinks it's probable that Greece can reach a third bailout agreement with European partners this weekend and the stock exchanges in China recovered, which lifted the confidence of the investors at the Frankfurt stock exchange, according to local analysts.

The blue-chip index gained 249.11 points, or 2.32 percent and closed at 10,996.41 points.

All the 30 DAX member shares rose on Thursday and Deutsche Telekom AG took the lead with an increase of 4.04 percent. Continental AG rose by 3.43 percent. Deutsche Lufthansa AG advanced by 3.31 percent. Deutsche Post AG added 2.85 percent and Bayer AG climbed by 2.7 percent.

The turnover stood at 3.8 billion euros (around 4.18 billion U.S. dollars). Daimler AG was the most traded share of the day with a turnover of 298.02 million euros. (1 euro = 1.10 U.S. dollars) Endit