Germany’s benchmark DAX index closes down

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Frankfurt, Jan 19 (IANS) The benchmark DAX index at the Frankfurt Stock Exchange went down slightly by 0.25 percent and closed at 9,521.85 points.

Adidas gained markedly by 6.25 percent on Monday and Infineon Technologies, a semiconductor producer, advanced by 2.73 percent, Xinhua news agency reported.

The utilities company RWE climbed 0.83 percent. Merck, a pharmaceutical, chemical and life science company, rose by 0.82 percent. SAP went up by 0.76 percent.

Henkel, which operates in three business areas including laundry and home care, beauty care and adhesive technologies, declined by 4.11 percent. Deutsche Bank slipped by 3.28 percent.

Commerzbank plunged by 1.99 percent. K+S Group, a supplier of standard and specialty fertilizers, slid by 1.88 percent. BASF fell by 1.65 percent.

Adidas was the most traded share of the day with a turnover of 370.74 million euros (around $403.71 million).

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