German shares close 0.16 pct higher

Xinhua
03 Aug 2021, 11:25 GMT+10

FRANKFURT, Aug. 2 (Xinhua) -- German stocks edged up on Monday, with the benchmark DAX index up 24.34 points, or 0.16 percent, to close at 15,568.73 points.

Semiconductor manufacturer Infineon Technologies won the most among the blue chips, with its shares up 3.97 percent. Sportswear and equipment maker Adidas and manufacturing and electronics company Siemens added 3.79 percent and 2.68 percent, respectively.

German insurance and financial services company Allianz lost the most among the blue chips, by falling 7.76 percent. Renal dialysis equipment supplier Fresenius Medical and Deutsche Bank went down by 2.40 percent and 1.31 percent, respectively.

Allianz was the most-traded share with a turnover of 1.02 billion euros (1.21 billion U.S. dollars).

China's Haier, a leading global household appliances manufacturer listed in Frankfurt in 2018, lost 0.20 percent to close at 1.628 euros per share on Monday.

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