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Germany's benchmark DAX index closes up

Xinhua, July 14, 2015 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Monday went up by over 160 points at 11,484.38 points.

The Greek government has reached an agreement with its eurozone partners on another bailout and the blue-chip index went up by 168.75 points, or 1.49 percent. Meanwhile, economists remain skepital of the agreement, according to local analysts.

Only three among the 30 DAX member shares suffered losses. Deutsche Boerse AG topped the list of the risers with an increase of 4.38 percent. Deutsche Bank AG rose by 3.33 percent. LANXESS AG, a specialty chemicals company, climbed by 2.85 percent. Commerzbank AG added 2.51 percent and Bayer AG advanced by 2.49 percent.

BMW AG St and other two companies witnessed meager losses. It went down by 0.24 percent.

The turnover stood at 4.46 billion euros (around 4.97 billion U.S. dollars). Daimler AG was the most traded share of the day with a turnover of 408.23 million euros (around 455.08 million U.S. dollars). Enditem