German shares gain 0.32 percent Wednesday

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The German Stock Index (DAX) display is highlighted in red at the stock exchange in Frankfurt, Germany, Thursday, Aug. 16, 2007. Global stock markets tumbled again Thursday, battered by persistent worries about U.S. housing loan problems and their possible damage to the global economy. (AP Photo/Bernd Kammerer)
The German Stock Index (DAX) display is highlighted in red at the stock exchange in Frankfurt, Germany, Thursday, Aug. 16, 2007. Global stock markets tumbled again Thursday, battered by persistent worries about U.S. housing loan problems and their possible damage to the global economy. (AP Photo/Bernd Kammerer)
Spining

German stocks rose on Wednesday, with the benchmark DAX index up 40.97 points, or 0.32 percent, to close at 12,805.95 points.

Deutsche Post won the most among the blue chips, with its shares up 2.58 percent. Energy group E.ON and chemical and consumer goods company Henkel rose by 1.85 percent and 1.64 percent respectively.

Volkswagen lost the most among the blue chips, by falling 2.13 percent. Deutsche Bank and BMW went down by 2.13 percent and 1.38 percent, respectively.

Insurance group Alianz was the most-traded share with a turnover of 332.22 million euros (372.08 million U.S. dollars). Enditem

Source: Xinhua/NewsGhana.com.gh

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