Tue, 11 May 2021

German shares gain 0.66 pct Monday

Xinhua
04 May 2021, 03:05 GMT+10

FRANKFURT, May 3 (Xinhua) -- German stocks rose on Monday, with the benchmark DAX index up 100.56 points, or 0.66 percent, to close at 15,236.47 points.

Material manufacturer Covestro won the most among the blue chips, with its shares up 2.65 percent. Automotive manufacturer Volkswagen and German insurance and financial services company Allianz gained by 1.87 percent and 1.62 percent respectively.

Deutsche Bank, aircraft engine manufacturer MTU Aero and multinational chemical and pharmaceutical company Bayer were the top three losers among the blue chips, by falling 1.81 percent, 0.57 percent and 0.46 percent respectively.

Allianz was the most traded share with a turnover of 194.56 million euros (234.33 million U.S. dollars).

China's Haier, a leading global household appliances manufacturer listed in Frankfurt in 2018, lost 1.43 percent to close at 1.814 euros per share on Monday.

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