ZCZC
BCN-09
GERMANY-STOCKS
German shares almost unchanged at the start of trading on Wednesday
BERLIN, April 7,2021 (BSS/XINHUA) – German stocks were almost unchanged at the start of trading on Wednesday, with the benchmark DAX index growing by 8.55 points, or 0.06 percent, opening at 15,221.23 points.
The biggest winner among Germany’s 30 largest listed companies at the start of trading was carmaker Daimler, increasing by 0.94 percent, followed by automotive supplier Continental with 0.91 percent and Deutsche Bank with 0.70 percent.
Shares of Delivery Hero fell by 0.75 percent. The German online food delivery company was the biggest loser at the start of trading on Wednesday.
Germany recorded a deficit of 189.2 billion euros (224.7 billion U.S. dollars) in 2020, the country’s Federal Statistical Office (Destatis) announced on Wednesday. It was the highest deficit since the country’s unification in 1990 and clearly showed the “consequences of the corona crisis for the public budgets.”
The yield on German ten-year bonds went down 0.022 percentage points to minus 0.338 percent, and the euro was trading almost unchanged at 1.1875 U.S. dollars, increasing by 0.02 percent on Wednesday morning.
BSS/XINHUA/TIT/1611HRS