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Germany's benchmark DAX index plunges by over 100 points

Xinhua, September 10, 2016 Adjust font size:

The benchmark DAX index at the Frankfurt Stock Exchange on Friday plunged by 101.85 points, or 0.95 percent, and closed at 10,573.44 points.

The disappointing monetary policy decision taken by the European Central Bank (ECB) on Thursday weighed further on the German equity market. In the meantime, German exports fell sharply in July according to official data showed on Friday.

Deutsche Bank advanced the most with a 4.12- percent increase, followed by Lufthansa and Munich Re. Meanwhile, German housing company Vonovia lost the most, dropping 3.85 percent, followed by HeidelbergCement and Deutsche Post.

Germany's largest commercial bank, Deutsche Bank, was the most traded share of the day with a turnover of 286.1 million euros (around 320.8 million U.S. dollars). Endit