ZCZC
BCN-12
GERMAN-SHARES-FEDERAL STATISTICAL OFFICE
German shares up 0.37 pct at start of trading
BERLIN, Feb 10,2021 (BSS/XINHUA) – German stocks saw small gains at the start of trading on Wednesday, as the benchmark DAX index grew by 51.32 points, or 0.37 percent, opening at 14,063.12 points.
Among Germany’s 30 largest listed companies, the biggest winners were utilities RWE and E.ON, increasing by 0.97 and 0.78 percent, followed by dialysis specialist Fresenius with 0.74 percent. Meanwhile, shares of SAP fell by 0.72 percent, making the German software company the biggest loser.
On Wednesday, online food delivery company Delivery Hero announced that full year 2020 revenues almost doubled year on year, growing by 95 percent to 2.8 billion euros (3.4 billion U.S. dollars), following a strong final quarter.
In January, Germany saw its inflation rate climb to 1.0 percent after a 0.3-percent decrease in December 2020, the country’s Federal Statistical Office announced Wednesday. Prices for energy products and food increased in particular.
The yield on German ten-year bonds went up 0.003 percentage points to minus 0.446 percent, and the euro was trading unchanged at 1.2120 U.S. dollars on Wednesday morning.
BSS/XINHUA/TIT/1835HRS