Germany’s benchmark DAX index closes down

Frankfurt, April 8 (IANS) The benchmark DAX index at Frankfurt Stock Exchange lost nearly 1 percent and closed at 9,530.62 points.

The rising euro is part of the reasons that the DAX index slipped to a four-week low on Thursday, Xinhua news agency reported. It lost 93.89 points, or 0.98 percent.

Deutsche Lufthansa rose by 0.84 percent. ProSiebenSat1 Media, a mass media company, advanced by 0.84 percent. The utilities company RWE gained 0.54 percent. Infineon Technologies climbed by 0.24 percent. Vonovia, a real estate company, went up by 0.16 percent.

On the other hand, Daimler slipped by 4.77 percent. Deutsche Bank lost 2.97 percent. Thyssenkrupp plunged by 2.67 percent. Commerzbank fell by 2.55 percent and Deutsche Boerse went down by 2.03 percent.

Daimler was the most traded share of the day with a turnover of 463.6 million euros ($527.42 million).

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