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Germany's benchmark DAX index rises

Xinhua, March 31, 2016 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Wednesday rose and closed above 10,000 points.

The dovish tone of Chair of the Federal Reserve Janet Yellen about the possible interest rate hikes this year sent the DAX index up. It added 158.67 points, or 1.6 percent and closed at 10,046.61 points.

Thyssenkrupp rose markedly by 8.27 percent. The utilities company E.ON advanced by 6.42 percent. RWE climbed by 5.42 percent. Deutsche Post gained 3.46 percent. Continental went up by 2.95 percent.

On the other hand, Deutsche Bank lost 1.37 percent and Deutsche Lufthansa slipped by 0.28 percent.

Daimler was the most traded share of the day with a turnover of 292.9 million euros (around 328.39 million U.S. dollars). Enditem