BERLIN, Feb. 24 (Xinhua) -- German stocks were almost unchanged at the start of trading on Wednesday, with the benchmark DAX index losing 8.96 points, or 0.06 percent, opening at 13,855.85 points.

The biggest winner among Germany's 30 largest listed companies at the start of trading was plastic specialist Covestro, increasing 1.30 percent, followed by industrial gas producer Linde with 1.14 percent and building materials company HeidelbergCement with 1.07 percent.

Shares of Beiersdorf fell by 0.61 percent. The German consumer goods company was the biggest loser at the start of trading on Wednesday.

Germany's gross domestic product (GDP) in the fourth quarter of 2020 rose by 0.3 percent compared with the third quarter after adjustment for price, seasonal and calendar variations, the country's Federal Statistical Office (Destatis) announced on Wednesday.

Following a "historic 9.7 percent slump" of the German GDP in the second quarter of last year, the economic recovery was "slowed due to the second coronavirus wave and another lockdown imposed at the end of the year," Destatis noted.

The yield on German ten-year bonds went down 0.006 percentage points to minus 0.323 percent, and the euro was trading almost unchanged at 1.2152 U.S. dollars, increasing by 0.02 percent on Wednesday morning. Enditem

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