Arab Today, arab today germanys benchmark dax index drops 306 on friday
Last Updated : GMT 04:30:13
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Germany's benchmark DAX index drops 3.06% on Friday

Arab Today, arab today

Arab Today, arab today Germany's benchmark DAX index drops 3.06% on Friday

Frankfurt's DAX 30
Frankfurt - XINHUA

The benchmark DAX index at the Frankfurt Stock Exchange on Friday dropped by over 300 points and closed below 10,000 points.

The Federal Reserve on Thursday decided to leave interest rates unchanged. However, the uncertainties in Europe brought the blue-chip index down by 313.42 points, or 3.06 percent. It closed at 9,916.16 points.

Among all the 30 DAX member shares, only adidas AG and Fresenius SE & Co. KGaA, a health care company, rose. The two companies advanced by 1.21 percent and 1.13 percent respectively.

The two utilities companies RWE AG St and E.ON SE slipped by 8.06 percent and 5.04 percent respectively. Deutsche Bank AG plunged by 4.44 percent. Siemens AG dropped by 4.33 percent. Daimler AG went down by 4.26 percent.

The turnover rose sharply to 10.96 billion euros (around 12.41 billion U.S. dollars ). Fresenius SE & Co. KGaA was the most traded share of the day with a turnover of 1.6 billion euros (around 1.81 billion U.S. dollars).

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