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Germany's benchmark DAX index ends higher

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IANS Frankfurt

The benchmark DAX index at Frankfurt Stock Exchange went up and closed at 9,624. 51 points.

The economic data from China and Germany as well as the rising oil prices were positive developments, which pushed the DAX index higher on Wednesday, according to local analysts, Xinhua news agency reported.

The blue-chip DAX index went up by 61.15 points, or 0.64 percent.

Merck, a science and technology company, topped the list of risers, up by 2.67 percent. Thyssenkrupp rose by 1.93 percent. Fresenius Medical Care climbed by 1.7 percent. Henkel, which operates in business areas including chemicals,cosmetics, hygiene and surface technologies, advanced by 1.39 percent. Commerzbank added 1.32 percent.

 

The utilities company RWE dropped the most,down by 1.03 percent. Daimler lost 0.95 percent. Deutsche Lufthansa shrank by 0.62 percent. Linde,an industrial gas company,fell by 0.45 percent. HeidelbergCement went down by 0.41 percent.

Daimler was the most traded share of the day with a turnover of 619.11 million euros ($704.56 million).

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First Published: Apr 07 2016 | 6:56 AM IST

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