Germany's benchmark DAX closes down

December 31, 2014 10:27 am 

FRANKFURT, Dec. 31 — The benchmark DAX index at the Frankfurt Stock Exchange on Tuesday fell by 1.22 percent and closed at 9805.55 points.

Profit taking brought the blue-chip index down as investors are concerned about the political development in Greece, according to the German business daily Handelsblatt.

Four companies among the 30 DAX member shares managed to rise, with adidas AG taking the lead. It advanced by 1.68 percent. Infineon Technologies AG, a semiconductor producer, rose by 0.74 percent. Fresenius Medical Care AG & Co. added 0.49 percent and Deutsche Lufthansa AG went up by 0.44 percent.

Deutsche Telekom AG fell the most by 2.11 percent. The utilities companies RWE AG St and E.ON SE slipped by 2.1 percent and 1.8 percent. Bayer AG slid by 1.78 percent and Deutsche Post AG went down by 1.55 percent.

The turnover continued to drop to 1.31 billion euros (around US$ 1.6 billion). Bayer AG was the most traded share of the day with a turnover of 105.53 million euros (around US$ 128.57 million). (PNA/Xinhua)

LGI/JSD

Comments

Comments are closed.