Saturday, March 3, 2012

German blue-chips index falls 3.19% on Tuesday on bad news from Japan.

(ADPnews) - Mar 15, 2011 - The blue-chip DAX index of the Frankfurt Stock Exchange ended trade on Tuesday at 6,647.66 points, a drop of 3.19% or 218.97 points from the previous close due to bad news from Japan.

As the nuclear crisis fear coming from Japan escalates, the German blue-chip index today booked its highest drop rate since December 2008.

The news coming from Japan are getting worse and in their doubt investors prefer to sell, Heinz-Gerd Sonnenschein from Deutsche Postbank said.

Worries about a nuclear crisis in Japan come on top of uncertainty about the situation in the Arab world.

There were no winners in today's session.

DAX …

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