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Germany's benchmark DAX index closes down

Xinhua, December 31, 2015 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange ended its last trading day of 2015 with a 1.08 percent drop to 10,743.01 points.

The blue-chip index marked the fourth year in a row upward trend with double-digit rise over the year 2015. Monetary accommodation maintained by the European Central Bank was seen as the main driving power of booming German stock market.

With slight rise of 0.77 percent and 0.08 percent respectively, the utility service providers RWE and E.ON were the only risers among 30 DAX components on Wednesday. In view of the development of share prices throughout the year 2015, the German sporting goods manufacturer Adidas was the top winner among DAX components, whose share price up by over 55 percent, followed by Infineon and Fresenius, whose share prices both rose by more than 50 percent.

In addition, RWE was the biggest loser over the year, whose share price dropped by more than 50 percent.

The chemical and pharmaceutical company Bayer was the most traded share on Wednesday with a turnover of 129.22 million euros (around 140.95 million U.S.dollars). Enditem