FRANKFURT, April 4 (Xinhua) -- Germany's benchmark DAX index on Friday fell by nearly 5 percent as concerns about the escalation of trade conflicts in the wake of the new U.S. tariffs continue to weigh on German stocks.
The DAX index lost a total of 1,075.67 points, or 4.95 percent and closed at 20,641.72 points on Friday, a continuation of the slump that has been going on for several weeks. Data show that the DAX index has slumped by 11.71 percent since March 18.
