Off the wire
• Angola assumes rotating UN Security Council presidency for March  • Conflicts in Libya cause 66 civilian casualties in 2016: UN mission  • Tunisia: security agents kill 4 suspected terrorists  • Luis Fabiano could return to Brazilian football  • Jordan security forces kill armed outlaws near Syrian borders  • Male boxers will not wear protective headguards at Rio Olympics  • Rolling Stones to play free concert in Cuba on Mar. 25  • Nigeria FA considers to recall former players  • 1st LD Writethru: Oil prices rise as equity markets grow  • Urgent: Oil prices rise as equity markets grow  
You are here: 　 Home

Germany's benchmark DAX index closes up

Xinhua, March 2, 2016 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Tuesday recovered and added more than 200 points.

Local analysts attributed the strong recovery to the decision of the People's Bank of China to cut Reserve Requirement Ratio and also the surprising good economic data from the United States. The blue-chip DAX index gained 221.76 points, or 2.34 percent and closed at 9,717.16 points.

All the 30 DAX member shares gained on Tuesday. The two utilities companies RWE and E.ON each advanced by 6.02 percent and 4.03 percent. K+S, a supplier of standard and specialty fertilizers, added 4.72 percent. Volkswagen climbed by 4.55 percent. BMW rose by 4.2 percent.

Bayer was the most traded share of the day with a turnover of 263.35 million euros (around 287.24 million U.S. dollars). Enditem