Wednesday, May 16, 2007

Germany's Benchmark DAX Index Declines; SAP, Allianz, RWE Pace Retreat

(Bloomberg) -- German stocks fell, led by SAP AG, Allianz SE and RWE AG. Deutsche Post AG rose after HSBC Holdings Plc raised its recommendation on the shares.

The DAX Index lost 22.66, or 0.3 percent, to 7482.69 at 10:04 a.m. in Frankfurt. DAX futures expiring in June slid 0.3 percent to 7502. The HDAX Index of the country's 110 biggest companies dropped 0.4 percent.


Read more at Bloomberg Stocks News

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