German DAX pushed down by banking shares on Tuesday

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Source: Dukascopy
German DAX index edged slightly lower on Tuesday pushed down by banks in a rather calm, low volume session. Drug producer Bayer AG added 0.6% after company said it received positive results in its third phase of cancer drug trial. K+S AG swung between gains and losses after Nomura lowered the stock from neutral to reduce. Heavyweight Deutsche Bank and Commerzbank shed 1.2% and 2.4% respectively. At the moment of writing DAX 30 index is 0.28% or 19.43 points down at 7,037.35.

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Tue, 03 Apr 2012 13:50:52 GMT

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