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Germany's benchmark DAX index down 1.94 pct

Xinhua, December 15, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Monday went down by over 200 points and closed at 10,139.34 points.

Expectations of a rate hike of the Federal Reserve of the United States are building and oil prices continue to drop, which brought the DAX index down, according to local analysts. The DAX index lost 1.94 percent.

All the 30 DAX member shares suffered losses. The utilities companies RWE and E.ON each fell by 4.29 percent and 3.98 percent. Volkswagen Vz slipped by 4.12 percent. Vonovia, a residential real estate company, plunged by 2.66 percent. Deutsche Telekom slid by 2.55 percent.

Volkswagen vz was the most traded share of the day with a turnover of 320.95 million euros (around 352.64 million U.S. dollars). Endit