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Germany's benchmark DAX index closes up

Xinhua, December 1, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Monday at closing time was up 88.47 points to reach 11,359.5 points.

The euro continues to fall against U.S. dollar and the expectations for more quantitative easing measures are running high, which contributed to the buying mood of investors here, according to local analysts.

Volkswagen Vz topped the list of risers with an increase of 6.22 percent. Infineon Technologies AG, a semiconductor producer, rose 3.16 percent. Daimler AG climbed by 2.77 percent and adidas AG advanced by 2.37 percent. K+S, a supplier of standard and specialty fertilizers, went up by 2.06 percent.

On the other hand, Linde AG, an industrial gas company, dropped by 1.81 percent. Henkel Vz, which operates in areas including laundry and home care and beauty care lost 0.92 percent. Fresenius Medical Care AG & Co. shrank by 0.9 percent.

Volkswagen Vz was the most traded share of the day with a turnover of 554.32 million euros (around 588 million U.S. dollars). Endit