Germany’s benchmark DAX index rises

Frankfurt, Nov 27 (IANS) The benchmark DAX index at the Frankfurt Stock Exchange on Thursday rose by over 150 points and closed at 11,320.77 points.

The strong performance of some companies especially the semiconductor producer Infineon Technologies AG made investors jubilant and the blue-chip DAX index rose by 151.23 points, or 1.35 percent, Xinhua news agency reported.

Infineon Technologies AG topped the list of risers with a remarkable 12.85 percent gain. Volkswagen AG Vz advanced by 3.53 percent.

The utilities company RWE AG St added 3.21 percent. The automaker Daimler AG climbed by 3.17 percent and K+S Aktiengesellschaft, a supplier of standard and specialty fertilizers, went up by 2.82 percent.

Only three shares suffered meager losses. Beiersdorf Aktiengesellschaft, a personal care company, lost 0.48 percent.

The turnover stood at around $3.59 billion. Volkswagen AG Vz was the most traded share of the day with a turnover of 439.4 million euros.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here