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Germany's benchmark DAX index drops slightly

Xinhua, September 14, 2016 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Tuesday fell by 45.17 points or 0.43 percent and closed at 10,386.60 points.

The relief of speculation about an imminent Fed interest rate hike underpinned the European stock market at the start of trading period on Tuesday, however, the inconsistent proposals amid Fed members weighed on investors' further share buying.

Not only the discussion over rate rise but also the approaching U.S. presidential election as well as unclear outlook of global economy stirred up uncertainties, to which investors should well adapt, the equity trader Markus Huber told Handeslblatt.

The multinational industrial gases and engineering company Linde topped the list of risers with an increase of 4.62 percent, followed by Infineon and Adidas which added by 1.33 percent and 1.27 percent respectively.

The German electric utility service provider E.ON plunged for the second consecutive day by 2.89 percent, followed by Commerzbank and Deutsche Bank.

Linde was the most traded share of the day with a turnover of 248.6 million euros (around 279.1 million U.S. dollars). Endit