Off the wire
1st LD Writethru: Oil prices fall despite declining inventories  • Climate financing demand in China to exceed 398 bln USD in 2020: study  • Ex-CONMEBOL official hands himself into police  • Urgent: Oil prices fall despite declining inventories  • 1st LD Writethru: Gold up on weaker U.S. dollar  • Pentagon chief says U.S. ready to offer more help to retake Ramadi  • Austrian NGOs ask for 32.1 mln euro aid to tackle migrant crisis  • Refugee influx to cost Austria 2.7 bln euros until 2017: central bank  • Bank of Portugal lowers this year's economic growth forecast to 1.6 pct  • Roundup: China offers Africa fast lane of development, Botswana accessible: experts  
You are here:   Home

Germany's benchmark DAX index closes down

Xinhua, December 10, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Wednesday closed down by 81.11 points at 10,592.49 points.

The euro is becoming stronger against U.S. dollar, which mainly contributed to the drop of the blue-chip DAX index, according to local analysts. The DAX index lost 0.76 percent.

Volkswagen defied the emissions fraud issue and led the risers list with a strong increase of 6.21 percent. The two utilities companies RWE and E. ON followed, up by 2.13 percent and 1.66 percent respectively. HeidelbergCement climbed by 0.55 percent. ThyssenKrupp went up by 0.14 percent.

On the other hand, adidas lost 3.06 percent. Deutsche Boerse Group slipped by 2.08 percent. Bayer slid by 2.07 percent. Linde AG, an industrial gas company, fell by 1.92 percent.

Volkswagen was the most traded share of the day with a turnover of 485.4 million euros (around 527.2 million U.S. dollars). Enditem