German DAX benchmark to closes up

The benchmark DAX index at Frankfurt Stock Exchange on Tuesday went up slightly by 41.36 points and closed at 9,990 points.

Business sentiment has picked up in Germany, which helped boost the confidence of investors, according to local analysts. The blue-chip DAX index gained 0.42 percent.

The utilities company RWE led the risers’ list with a 2.02 percent increase. HeidelbergCement advanced by 1.86 percent. ProSiebenSat1 Media climbed by 1.43 percent. Volkswagen rose by 1.29 percent and adidas went up by 1.25 percent.

On the other hand, Deutsche Lufthansa dropped by 1.33 percent. Deutsche Bank lost 1.24 percent. E.ON slipped by 0.88 percent. Vonovia, a real estate company, plunged by 0.78 percent. Deutsche Telekom went down by 0.54 percent.

Daimler was the most traded share of the day with a turnover of 258.78 million euros (around 291.47 million U.S. dollars). Enditem

Source: Xinhua