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German shares lose 1.70 pct Thursday

Xinhua,March 23, 2018 Adjust font size:

FRANKFURT, March 22 (Xinhua) -- German shares lost on Thursday due to fears of trade war between the United States and China, with the benchmark DAX index down 209.07 points, or 1.70 percent, to close at 12,100.08 points.

Commerzbank lost the most among the blue chips, down by 6.23 percent, followed by Deutsche Bank and multinational building materials company HeidelbergCement, which lost 3.23 percent and 3.21 percent respectively.

Housing association Vonovia, sportswear and equipment maker Adidas and marketplace organizer for the trading of shares and securities Deutsche Boerse group were the top three winners, rising 0.76 percent, 0.10 percent and 0.09 percent respectively.

Manufacturing and electronics company Siemens was the most traded share of the day with a turnover of 409.28 million euros (504.06 million U.S. dollars). Enditem