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Germany's benchmark DAX index up 2.57 pct

FRANKFURT
2015-12-18 04:14

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The benchmark DAX index at the Frankfurt Stock Exchange on Thursday closed up over 250 points at 10,738.12 points.

The Federal Reserve eventually delivered and raise the interest rate as expected, which boosted the DAX index, according to local analysts. It added 268.86 points, or 2.57 percent. All the 30 DAX member shares except K+S and ThyssenKrupp gained.

Volkswagen Vz rose by 4.26 percent. Bayer advanced by 4.04 percent. Deutsche Boerse Group added 3.6 percent. Infineon Technologies, a semiconductor producer, climbed by 3.48 percent and the utilities company E.ON went up by 3.42 percent.

K+S, a standard and specialty fertilizers producer, plunged by 0.63 percent. ThyssenKrupp lost 0.06 percent. Bayer was the most traded share of the day with a turnover of 411.68 million euros (around 450.13 million U.S. dollars).

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