(Bloomberg) -- Germany's DAX Index dropped, set to
complete a full week of losses, on concern that interest rates
may keep rising. Shares of Munich Re, Allianz SE and Siemens AG
paced the retreat.
The DAX Index slid 83.51, or 1.1 percent, to 7535.10 as of
11:35 a.m. in Frankfurt. The measure has tumbled 5.8 percent in
the past five days, heading for the biggest weekly loss since
September 2003. The HDAX Index of the country's 110 biggest
companies decreased 1.2 percent today. DAX futures expiring in
June lost 95.5, or 1.3 percent, to 7520.5.
Read more at Bloomberg Stocks News
complete a full week of losses, on concern that interest rates
may keep rising. Shares of Munich Re, Allianz SE and Siemens AG
paced the retreat.
The DAX Index slid 83.51, or 1.1 percent, to 7535.10 as of
11:35 a.m. in Frankfurt. The measure has tumbled 5.8 percent in
the past five days, heading for the biggest weekly loss since
September 2003. The HDAX Index of the country's 110 biggest
companies decreased 1.2 percent today. DAX futures expiring in
June lost 95.5, or 1.3 percent, to 7520.5.
Read more at Bloomberg Stocks News
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