JABAR EKSPRES – German stocks ended higher on Wednesday (6/14) local time, extending a rally for the third consecutive session, with the benchmark DAX 40 index on the Frankfurt Stock Exchange adding 0.49 percent or 80.11 points to settle at 16,310.79 points.
The DAX 40 index gained 0.83 percent or 132.81 points to 16,230.68 points on Tuesday (6/13) after gaining 0.93 percent or 148.03 points to 16,097.87 points on Monday (12/6), and falling 0.25 percent or 40.12 points to 15,949.84 points on Friday (9/6).
Of the 40 stocks of selected large companies that are components of the DAX 40 index, 26 stocks managed to record gains, while 13 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.
Zalando SE (a company that provides online sales of fashion accessories for men and women) soared 4.18 percent to become the top gainer among blue chips.
Followed by shares of European multinational property and real estate developer Vonovia SE, which jumped 3.62 percent. Furthermore, a diversified chemicals company that produces perfume oils, fragrance bases, and cosmetic raw materials Symrise AG gained 2.16 percent.
On the other hand, MTU Aero Engines AG (a company that develops and manufactures aircraft engines and offers commercial aircraft engine service and support) recorded the biggest loss (top loser) among the leading stocks, with its share price slumping 1.74 percent.
Followed by shares of German industrial, commercial and consumer chemical products maker Henkel AG & Co. KGaA, which shrank 1.30 percent, and German automotive and arms industry company headquartered in Dusseldorf, Germany, Rheinmetall AG, which lost 1.05 percent.
Read more: French Stocks Close in The Green, CAC 40 Index Gains 0.52 Percent
