JABAR EKSPRES – German stocks ended higher on Thursday local time (6/1), reversing gains from three consecutive days of declines, with the benchmark DAX 40 index on the Frankfurt Stock Exchange lifting 1.21 percent or 189.64 points to settle at 15,853.66 points.
The DAX 40 index plunged 1.54 percent or 244.89 points to 15,664.02 points on Wednesday (5/31), after trimming 0.27 percent or 43.82 points to 15,908.91 points on Tuesday (5/30), and shedding 0.20 percent or 31.24 points to 15,952.73 points on Monday (5/29).
Of the 40 stocks of selected large companies that are components of the DAX 40 index, 33 stocks managed to record gains, while six stocks suffered losses and one stock traded unchanged.
The Frankfurt Stock Exchange as of September 20, 2021 officially expanded the components of the DAX 30 index to 40 stocks or the DAX 40 index.
Read more: Five Batches of Indonesian Hajj Candidates Arrive in Mecca
Commerzbank Aktiengesellschaft, a German retail and commercial banking and financial services company increased 2.85 percent, becoming the top gainer among blue chips.
This was followed by shares in European multinational aircraft and military equipment maker Airbus SE, which gained 2.76 percent; and the world’s third-largest financial services and reinsurance group Hannover Rueck SE, which gained 2.60 percent.
On the other hand, Zalando SE, a company that provides online sales of fashion accessories, recorded the biggest loss (top loser) among the leading stocks, with its share price falling 2.06 percent.
It was followed by shares of European multinational property and real estate developer Vonovia SE, which lost 1.17 percent; and German multinational sporting goods and equipment maker Adidas AG, which shrank 0.50 percent.
Read more: Mitsubishi to Launch New SUV at GIIAS 2023, Already Available for Order
