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Germany's benchmark DAX index closes down

Xinhua, October 2, 2015 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Thursday closed down at 9,509.25 points.

Investors' fears over the rising downside risks to world economy weighed on German shares, with disappointing U.S. as well as Eurozone economic data released.

U.S. September manufacturing purchasing managers' index (PMI) registered 50.2 percent, 0.9 percentage points lower than last month, while Eurozone inflation dropped below zero in September. Consequently, the blue-chip index fell 151.19 points, or 1.57 percent.

The salt and fertilizer producer K+S AG advanced the most by 3.39 percent. In addition, Deutsche Borse AG, Continental AG, and HeidelbergCement AG also belonged to risers. Deutsche Telekom AG dropped dramatically by 5.23 percent, while RWE AG St and Vonovia SE fell by 3.81 percent and 2.78 percent respectively.

The turnover stood at 4.00 billion euros (around 4.48 billion U.S. dollars). Volkswagen AG Vz was the most traded share of the day with a turnover of 380.98 million euros (around 426.28 million U.S. dollars). Endit