German shares almost unchanged at start of trading

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BERLIN, July 28 (Xinhua) -- German shares were almost unchanged at the start of trading on Wednesday, with the benchmark DAX index growing 19.67 points or 0.12 percent, opening at 15,538.8 points.

The biggest winner among Germany's 30 largest listed companies was Deutsche Bank, up by 3.18 percent after announcing that its net revenues grew 7 percent year-on-year in the first half of 2021 to 13.5 billion euros (around 15.9 billion U.S. dollars).

The company was followed by aircraft engine manufacturer MTU Aero Engines with 1.48 percent and Siemens Energy with 1.33 percent.

Shares of Deutsche Boerse fell by 3.56 percent. The German stock exchange operator was the biggest loser at the start of trading on Wednesday.

Turnover in the non-financial business economy in Germany in June increased for the second consecutive time compared with the previous month, and was even up 12.2 percent compared to February 2020, the month before the country imposed COVID-19 restrictions, Germany's Federal Statistical Office (Destatis) announced Wednesday.

German import prices in June increased 1.6 percent from the previous month, and were up 12.9 percent year-on-year, becoming the largest year-on-year change since October 1981, Destatis said.

The yield on German 10-year bonds declined 0.0055 percentage points to minus 0.4445 percent, and the euro was trading almost unchanged at 1.1818 dollars, down by 0.01 percent on Wednesday morning. Enditem

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