DAX index weighted down by Euro Zone PMI data

Note: This section contains information in English only.
Source: Dukascopy Bank
German DAX index traded into negative territory on Monday as PMI data showed Euro Area business activity index dropped more than expected to 49.3  in February. Index recovered during the session as retail sales in Euro Zone unexpectedly rose in January. BASF SE lost 0.9% after Citigroup lowered  share's rating to neutral. HeidelbergCement AG tumbled 2.6% after ING cut stock's rating from buy to hold. At the moment of writing DAX index is 0.45% or 30.81 points down at 6,890.19.


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