DAX 30 index faces a choppy session on Monday

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Source: Dukascopy Bank SA
After sharp plunge of more than 3% a year 2012 record on Friday, DAX 30 index prolonged drop also on Monday. Weaker Chinese service activity data issued on Sunday weighed on European investor sentiment. As German car makers are heavily dependent on China and US market health, their shares extended rather choppy session. Volkswagen AG gave up 2.4%, Daimler AG dropped 1.1% and BMW AG shed 1.4%. At the moment of writing German DAX is trading 0.6% or 33 points lower at 6,016. 

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