Arab Today, arab today german stocks suffer biggest quarterly drop since 2002
Last Updated : GMT 06:51:35
Arab Today, arab today
Arab Today, arab today

German stocks suffer biggest quarterly drop since 2002

Arab Today, arab today

Arab Today, arab today German stocks suffer biggest quarterly drop since 2002

Berlin - Arabstoday

German stocks fell, extending the benchmark DAX Index\'s biggest quarterly drop in nine years, as concern deepened that Europe\'s debt crisis will hurt growth and choke off funding for banks. Deutsche Bank AG and Commerzbank AG slid following speculation that banks in Belgium and Austria may need more government support. Carmakers BMW and Daimler AG declined as investors speculated that China\'s economy is slowing more than expected. The DAX dropped 2.2 per cent to 5,380.09 at 12:43pm. in Frankfurt, having earlier fallen as much as 3.9 per cent. The gauge slumped 25 per cent last quarter, its largest plunge since 2002, amid concern global growth is stumbling as policymakers struggle to contain Europe\'s sovereign-debt crisis. The DAX has fallen 22 per cent this year. The broader HDAX Index lost 2.2 per cent yesterday. \"Clearly this ongoing negative news about the European crisis is doing nothing for sentiment,\" said David Jones, chief market strategist at IG Index in London. Deutsche Bank, Germany\'s biggest bank, fell 2.7 per cent to €25.61. Commerzbank tumbled 6.1 per cent to €1.78.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german stocks suffer biggest quarterly drop since 2002 Arab Today, arab today german stocks suffer biggest quarterly drop since 2002

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german stocks suffer biggest quarterly drop since 2002 Arab Today, arab today german stocks suffer biggest quarterly drop since 2002

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday