German shares edge down Thursday

0 Comment(s)Print E-mail Xinhua, June 5, 2020
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FRANKFURT, June 4 (Xinhua) -- German stocks edged down on Thursday, with the benchmark DAX index down 56.80 points, or 0.45 percent, to close at 12,430.56 points.

Automotive supplier Continental lost 4.06 percent, the top loser among the blue chips, followed by multinational chemical and pharmaceutical company Bayer and aircraft engine manufacturer MTU Aero, which lost 4.01 percent and 2.76 percent respectively.

Housing association Vonovia gained 3.93 percent, becoming the top gainer. Multinational building materials company HeidelbergCement and Deutsche Bank advanced 3.37 percent and 2.02 percent respectively.

German insurance and financial services company Allianz was the most traded share with a turnover of 486.5 million euros (547.3 million U.S. dollars). Enditem

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