Tue, 07 Feb 2012 15:02:02 GMT
German DAX drops on auto makers
German DAX 30 index dropped 0.5% on Tuesday with all 9 sectors reporting loss, driven by a sharp decline in carmakers share value. BMW AG led the drop for the day, giving up 3%, followed by Volkswagen tumbling 2.5% and Daimler fading 2.6%. Consumer service stocks also showed weak performance as Metro AG lost 2.4% and Deutsche Post edged down