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German Stocks Slide on Manufacturing Data

Germany’s benchmark stock index, the DAX Index, fell 0.4 percent at 9:51 as the 30-member index declined 29.68 to 6,878.50.

Among the stocks in the index, 24 fell and 6 rose as Deutsche Lufthansa AG (LHA) and Deutsche Bank AG (DBK) led declines.

The DAX extended an early decline after German services and manufacturing expansion unexpectedly slowed in February amid declining orders at factories.

 

Source: Bloomberg

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