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Germany's benchmark DAX index rebounds

Xinhua, July 21, 2016 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Wednesday advanced by more than 160 points and closed at 10,142.01 points.

Positive financial results of some companies drove up the DAX index, which rose by 160.77 points, or 1.61 percent.

Volkswagen rose by 6.01 percent. SAP added 5.68 percent. Adidas climbed by 2.98 percent. BMW advanced by 2.46 percent. Merck, a leading science and technology company, went up by 2.29 percent.

On the other hand, Deutsche Boerse plunged by 0.4 percent. Commerzbank slipped by 0.2 percent.

Volkswagen was the most traded share of the day with a turnover of 429.68 million euros (474.75 million U.S. dollars). Endit