Bloomberg News

German Stocks Erase Decline; Benchmark DAX Index Little Changed

By Peter Levring
January 23, 2012

Jan. 19 (Bloomberg) -- Germany’s benchmark stock index, the

DAX Index, rose less than 0.1 percent at 11:25 a.m.

The index of 30 companies traded on the Frankfurt Stock Exchange advanced 0.42 to 6,354.99 as 12 shares in the index rose and 18 fell.

Advances in the DAX were led by Commerzbank AG and Deutsche Bank AG, while EON AG and REW AG, the biggest German utilities, weighed the most on the index.

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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