Bloomberg News

German Stocks Erase Gains; Benchmark DAX Index Little Changed

By Tom Stoukas
October 31, 2012

German stocks erased earlier gains and were little changed.

Fresenius Medical Care AG retreated 4.6 percent after third-quarter earnings and revenue missed analysts’ estimates. Deutsche Lufthansa AG surged 6.6 percent after reporting third- quarter operating profit that unexpectedly rose.

The DAX fell less than 0.1 percent to 7,283.57 at 3:58 p.m. in Frankfurt, after earlier gaining as much as 0.9 percent. The broader HDAX Index increased less than 0.1 percent today.

To contact the editor responsible for this story: Tom Stoukas at astoukas@bloomberg.net

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus