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Germany's benchmark DAX index rebounds slightly

FRANKFURT
2015-09-08 05:38

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The benchmark DAX index at Frankfurt Stock Exchange on Monday rebounded slightly by nearly one percent, after it lost more than 270 points last Friday.

The blue-chip index opened higher, rose shortly to the day's high of 10,184.57 points then turned to the downside, before the index later recovered in the afternoon and closed at 10,108.61 points. It was up by 70.57 points, or 0.7 percent.

German fertilizer maker K+S AG advanced the most by 4.14 percent. The Canadian leading suppliers of fertilizers Potash was in further discussions to acquire K+S AG according to latest media report, which made the share price of that German giant increase markedly.

Besides, Bayer AG and ThyssenKrupp AG rose by 1.53 percent and 1.51 percent respectively. Only two DAX member shares fell.

Merck KGaA dropped by 0.73 percent and RWE AG St was 0.2 percent lower than last trading day. The turnover dropped notably to 1.83 billion euros (around 2.05 billion U.S. dollars), with U.S. markets closed for the Labour Day holiday.

Daimler AG was the most traded share of the day with a turnover of 162.47 million euros. (1 euro = 1.12 U.S. dollars).

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