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Germany's benchmark DAX index up on Tuesday

Xinhua, November 30, 2016 Adjust font size:

The benchmark DAX index at Frankfurt Stock Exchange on Tuesday added 37.82 points, or 0.36 percent, and closed at 10,620.49 points.

The German market is reigned by caution ahead of Italy's constitutional referendum. The DAX opened lower and fluctuated within a relatively narrow range.

Another focus of investors is the key meeting of the European Central Bank (ECB) next Thursday. The ECB is expected to extend its asset purchase program to further stimulate the euro zone economy.

Germany's second largest utility company RWE led the list of top performing stocks, with percentage gain of 3.13, followed by Continental AG and Fresenius.

Automaker stocks BMW and Daimler dropped the most by 1.05 percent and 0.70 percent.

Daimler was the most traded share of the day with a turnover of 223.87 million euros (about 237 million U.S. dollars). Endit