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Germany's benchmark DAX index closes up

Xinhua, August 6, 2015 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Wednesday went up significantly by over 180 points to 11,636.3 points.

According to an ADP Research Institute report released on Wednesday, the growth of private sector jobs slowed in July more than expected. Investors here expect that the slowdown of job growth may deter the decision of Federal Reserve to change the interest rates, according to local analysts. The blue-chip index added 180.23 points, or 1.57 percent.

The rally drove 26 out of the 30 DAD member shares up. Beiersdorf Aktiengesellschaft, a skin care company, topped the list of risers with an increase of 3.65 percent. Infineon Technologies AG, a semiconductor producer, rose by 2.68 percent. Volkswagen AG Vz advanced by 2.67 percent. Daimler AG added 2.66 percent. BASF SE climbed by 2.42 percent.

K+S Aktiengesellschaft, a supplier of standard and speciality fertilizers, slipped by 0.78 percent. Commerzbank AG dropped slightly by 0.63 percent. Fresenius Medical Care AG & Co. plunged by 0.25 percent.

The turnover stood at 3.52 billion euros (around 3.85 billion U.S. dollars). Volkswagen AG Vz was the most traded share of the day with a turnover of 372.19 million euros (around 407.47 million U.S. dollars). Enditem