German shares unchanged at the start of trading on Thursday

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BERLIN, May 6 (Xinhua) -- German stocks were almost unchanged at the start of trading on Thursday, with the benchmark DAX index losing 0.01 points, opening at 15,170.77 points.

The biggest winner among Germany's 30 largest listed companies at the start of trading was pharmaceutical company Merck, increasing by 1.27 percent, followed by carmaker BMW with 0.95 percent and chemical and pharmaceutical giant Bayer with 0.84 percent.

Shares of Allianz fell by 3.72 percent. The German insurance company was the biggest loser at the start of trading on Thursday.

New orders in Germany's manufacturing sector in March grew by 3.0 percent from the previous month, up 27.8 percent year-on-year, the country's Federal Statistical Office announced on Thursday.

Orders in the German machine and plant engineering sector "increased strongly" in March, growing by 29 percent year-on-year, the German Mechanical Engineering Industry Association announced on Thursday. While international orders recorded a "significant plus" of 34 percent, domestic orders grew by 20 percent.

The yield on German ten-year bonds declined 0.0020 percentage points to minus 0.2300 percent, and the euro was trading almost unchanged at 1.2008 U.S. dollars, increasing by 0.01 percent on Thursday morning. Enditem

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