German shares retreat for third straight day

Source: Bloomberg
© Scanpix/Agence France-Presse
German shares fell for a third consecutive day with Allianz SE as the biggest loser and ahead of statements from European and U.S. central bank officials. The DAX slid 0.8% to 9,581.58 as of 9:31 a.m. Frankfurt time; however, the equity-benchmark has increased 3% this months on the global economic optimism. The HDAX Index slipped 0.8% today.
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