On Tuesday Germany's DAX 30 closed 1.2% or
68.61 points down at 5,537.39 on doubts about Commerzbank's capital reserves. In
early Wednesday trading session index fell more reaching 5,515.90. German
automakers were among major negative contributors to the index on slower growth
expectations in China. BMW AG and Daimler AG each lost 1.2%. However, at the
moment of writing DAX 30 has rebounded and trades at around 5,564.23 on
Commerzbank's announcement it would not need state financing. Commerzbank's
shares gained 6% after its report.