German shares lose 0.32 pct at start of trading
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E-mail Xinhua, February 7, 2020
BERLIN, Feb. 7 (Xinhua) -- German stocks were off to a shaky start on Friday, with the benchmark DAX index decreasing by 44.05 points, or 0.32 percent, opening at 13,532.77 points.
The biggest winner among Germany's 30 largest listed companies at the start of trading was the consumer goods company Beiersdorf, increasing 0.43 percent, followed by chemical and consumer goods firm Henkel with 0.21 percent and the world's largest reinsurer Munich Re with 0.14 percent.
Germany's largest airline Lufthansa fell by 1.07 percent, which was the biggest loser at the start of trading.
The German Federal Statistical Office (Destatis) announced on Friday that exports of German companies in 2019 had increased by 0.8 percent to 1.32 trillion euros (1.45 trillion U.S. dollars) compared with 2018. At the same time, imports grew by 1.4 percent to 1.10 trillion euros.
The euro was trading almost unchanged at 1.0981 U.S. dollars, decreasing slightly by 0.01 percent on Friday morning. Enditem
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