Off the wire
• Rwanda genocide survivors protest French court decision over accused priest  • Car bomb explodes near parliament in Libya's Tripoli  • China-Africa Project Hope launches new school constructions in Africa  • Australia's Logodzki in Uganda for World title kickboxing fight  • Obama calls Doctors Without Borders to apologize for U.S. airstrike "mistake"  • MEPs demand independent investigation into Kunduz hospital attack  • 1st LD Writethru: Gold futures extend gains to fourth successive session  • Africa Focus: Uganda re-awakens Africa's push for UN reforms  • Macedonia's CPI decreased in September  • Oil prices drop as U.S. production climbs  
You are here: 　 Home

Germany's benchmark DAX index closes up

Xinhua, October 8, 2015 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Wednesday closed up at 9,970.40 points.

The blue-chip index once recaptured the psychological 10,000 level owing to impulse of the strong rebound of Volkswagen shares.

In addition, market participants were increasingly convinced that the worldwide extremely low interest rates would remain, which was also reflected on the U.S.-Futures, according to Handelsblatt. The DAX index rose by 67.57 points, or 0.68 percent.

The German largest automobile producer Volkswagen AG, which suffered amid emissions scandal, regained momentum remarkably, with advancing dramatically by 7.12 percent on Wednesday.

New Volkswagen CEO Matthias Mueller presented a time-table for recalling all problem cars, which was positively evaluated by investors. Meanwhile, BMW AG St was up by 4.28 percent as well as Daimler AG up by 2.35 percent. By contrast, Fresenius SE & Co.KGaA and Deutsche Borse AG dropped by 2.54 percent and 2.46 percent respectively.

The turnover increased to 4.32 billion euros (around 4.86 billion U.S. dollars). Volkswagen AG was the most traded share of the day with a turnover of 423.05 million euros. (1 euro = 1.12 U.S. dollars). Enditem