German shares lose 1.71 pct Friday


FRANKFURT, Jan. 29 (Xinhua) -- German shares lost on Friday, with the benchmark DAX index down 233.06 points, or 1.71 percent, to close at 13,432.87 points.

The top loser among the blue chips in the day was Reinsurance company Munich Re, which was down by 3.40 percent. Deutsche Bank and multinational software corporation SAP lost 3.34 percent and 3.23 percent respectively.

Material manufacturer Covestro, automobile manufacturer Daimler and aircraft engine manufacturer MTU Aero were the only three winners, rising 1.19 percent, 0.92 percent and 0.03 percent respectively.

SAP was the most traded share of the day with a turnover of 527.46 million euros (640.13 million U.S. dollars).

China's Haier, a leading global household appliances manufacturer listed in Frankfurt in 2018, rose 2.00 percent to close at 2.265 euros per share on Friday.

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