Bloomberg News

German Stocks Pare Decline; Benchmark DAX Index Falls 0.1%

October 25, 2011

Oct. 25 (Bloomberg) -- German stocks were little changed as Munich Re and Allianz SE slid, offsetting Linde AG and HeidelbergCement AG which increased.

The DAX Index slipped 0.1 percent to 6,050.55 at 10:59 a.m. in Frankfurt, having earlier risen as much as 0.5 percent and dropped as much as 0.7 percent The benchmark measure had climbed for the past four weeks as investors speculated the leaders of the euro area would deliver a plan to shore up banks’ balance sheets and protect other economies from a possible Greek default. The broader HDAX Index also retreated 0.1 percent today.

To contact the reporter on this story: Peter Levring in Copenhagen at plevring1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net


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