Bloomberg News

German Stocks Pare Drop; Benchmark DAX Index Is Little Changed

June 06, 2011

June 6 (Bloomberg) -- German stocks pared declines with the benchmark DAX Index slipping 0.1 percent to 7,102.42 as of 10:43 a.m. in Frankfurt. The gauge earlier retreated as much as 0.6 percent.

Infineon Technologies AG slipped 0.9 percent as Goldman Sachs Group Inc. recommended investors reduce their holdings in the technology industry. Deutsche Bank AG followed European banking shares lower. Nordex SE climbed 4.5 percent on the government’s withdrawal of a wind energy aid cut.

To contact the editor responsible for this story: Julie Cruz at jcruz6@bloomberg.net


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