Tuesday, April 24, 2007

Germany's DAX Index Declines; Siemens, Allianz Shares Pace the Slide

(Bloomberg) -- Germany's benchmark stock index fell for a second day, paced by Siemens AG after a report that supervisory board members are considering replacing Chief Executive Officer Klaus Kleinfeld. Allianz SE also declined.

The benchmark DAX Index lost 32.60, or 0.4 percent, to 7303.02 as of 10:43 a.m. in Frankfurt. DAX Futures expiring in June dropped or 0.4 percent. The HDAX Index of the country's 110 biggest companies retreated 0.5 percent.


Read more at Bloomberg Stocks News

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