Bloomberg News

German Stocks Decline; DAX Index Falls 0.3% as Utilities Drop

January 23, 2012

Jan. 19 (Bloomberg) -- Germany’s benchmark stock index, the DAX Index, slipped 0.3 percent at 11:01 a.m.

The index of 30 companies traded on the Frankfurt Stock Exchange declined 17.62 to 6,336.95 as 10 shares in the index rose and 20 fell.

Declines in the DAX were led by EON AG and REW AG, the biggest German utilities, and Daimler AG, the maker of Mercedes luxury cars and trucks.

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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