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Germany's benchmark DAX index plunges dramatically

Xinhua, September 13, 2016 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Monday plunged by 141.67 points, or 1.34 percent, and closed at 10,431.77 points.

Atlanta Fed President Dennis Lockhart on Monday urged serious discussion of an interest rate hike. "I think circumstances call for a lively discussion next week," he said.

There was prevailing concern that central banks currently with ultra-loose monetary policy would turn round, said RBC economist Cathal Kennedy.

The housing company Vonovia advanced the most by 1.44 percent, followed by Uniper and Adidas. The German electric utility service provider E.ON lost the most by 14.77 percent, followed by Linde and ThyssenKrupp.

The energy company Uniper was the most traded share of the day with a turnover of 474.8 million euros (around 533.43 million U.S. dollars). Enditem