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Germany's benchmark DAX index closes down

Xinhua, December 22, 2015 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Monday closed down by more than 100 points at 10,497.77 points.

Despite a buying mood before Christmas, the appreciation of euro and the falling oil prices were blamed for the decline of the DAX index. It lost 110.42 points, or 1.04 percent.

Deutsche Lufthansa climbed by 2.66 percent. The two utilities companies RWE and E.ON added 2.11 percent and 1.94 percent. Deutsche Post advanced by 0.56 percent. Infineon Technologies, a semiconductor producer, rose by 0.41 percent.

On the other hand, Deutsche Telekom declined by 1.09 percent. Deutsche Bank dropped by 1.03 percent. Vonovia, a residential real estate company, shrank by 1.03 percent. Allianz plunged by 0.77 percent. Thyssenkrupp went down by 0.71 percent.

Daimler was the most traded share of the day with a turnover of 291.34 million euros (around 316.42 million U.S. dollars). Endit