Germany’s benchmark DAX index nearly flat

Frankfurt, Sep 18 (IANS) The benchmark DAX index at Frankfurt Stock Exchange on Thursday nearly stayed flat and closed at 10,229.58 points.

As the market was looking to the decision of the Federal Reserve on interest rates, the blue-chip index here added 2.37 points. The Federal Reserve decided to leave interest rates unchanged.

The two utilities companies E.ON SE and RWE AG St, which dropped significantly on Wednesday, led the risers’ list by advancing by 9.02 percent and by 8 percent, respectively, Xinhua reported.

The sports company adidas AG rose by 3.66 percent. K+S Aktiengesellschaft, a standard and specialty fertilisers company, climbed by 1.89 percent. Deutsche Bank AG went up by 1.42 percent.

Henkel AG & Co. KGaA Vz, which operates in three areas including laundry and home care, beauty care and adhesive technologies, dropped by 1.82 percent. Infineon Technologies AG, a semi-conductor producer, lost 1.61 percent.

ThyssenKrupp AG plunged by 1.35 percent. BASF SE slipped by 1. 23 percent and Linde AG, an industrial gas company, went down by 1.21 percent.

The turnover stood at 3.58 billion euros (around $4.04 billion). E.ON SE was the most traded share of the day with a turnover of 288.12 million euros (around$ 324.84 million).

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