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Germany's benchmark DAX index closes down

Xinhua, October 28, 2015 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Tuesday lost more than 100 points and closed at 10,692.19 points.

Investors are keeping an eye on the meeting of the Federal Reserve, which could indicate the timing of a turnaround of the interest rates, according to local analysts. The blue-chip DAX index lost 109.15 points, or 1.01 percent.

Vonovia SE, a residential real estate company, topped the list of risers with a slight increase of 0.39 percent. Deutsche Lufthansa AG added 0.07 percent.

On the other hand, the utilities company RWE AG St plunged by 4.84 percent. The chemical company BASF SE dropped by 4.71 percent. The utilities company E.ON SE declined by 3.96 percent. ThyssenKrupp AG lost 2.24 percent and HeidelbergCement AG went down by 1.79 percent.

The turnover stood at 3.15 billion euros (around 3.48 billion U.S. dollars). BASF SE was the most traded share of the day with a turnover of 497.19 million euros. (1 euro = 1.10 U.S. dollars) Endit