German Stocks Decline; Benchmark DAX Index Falls 0.4%
February 22, 2012, 8:30 AM ESTBy Peter Levring
Feb. 22 (Bloomberg) -- Germany’s benchmark stock index, the DAX Index, fell 0.4 percent at 9:51 a.m. as the 30-member index declined 29.68 to 6,878.50.
Among the stocks in the index, 24 fell and 6 rose as Deutsche Lufthansa AG and Deutsche Bank AG led declines.
The DAX extended an early decline after German services and manufacturing expansion unexpectedly slowed in February amid declining orders at factories.
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
