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Germany's benchmark DAX index falls for fifth consecutive day

Xinhua, September 15, 2016 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Wednesday fell for the fifth consecutive day, slipping by less than 0.1 percent and closing at 10,378.40 points.

Nervousness among investors grew ahead of Fed rate meeting next Wednesday, investment analyst Wolfgang Albrecht of Landesbank Baden-Wuerttemberg told Handelsblatt.

German chemicals and health care giant Bayer announced the acquisition of U.S. seeds company Monsanto on Wednesday for more than 66 billion dollars, which made Bayer the most traded share of the day with a turnover of 561.83 million euros (around 632 million U.S. dollars).

The electric utilities company RWE topped the list of risers with an increase of 1.52 percent, followed by HeidelbergCement and Beiersdorf which added by 0.97 percent and 0.83 percent, respectively.

Germany's largest airline Lufthansa plunged the most by 2.05 percent,followed by E.ON and Linde. Enditem