Germany's DAX falls on concerns about debt crisis and US budget vote

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP
On Friday Germany's DAX closed at 5,653.42 experiencing a 146.82 or 2.53% drop compared to Thursday. During last week index lost total of 4%. On Monday trading session the index is extending its losses and at the moment of writing trades down at 5,651.40. Index is mainly hurt by Commerzbank AG's decline of 5% and Deutsche Bank AG's slip of 4.5% as Moody's reported that Germany's financial system has increased its exposure to troubled region's economies.

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