German Stocks Slide on Manufacturing Data

By Yomna Yasser On Feb 22, 2012

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

DBK Germany

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