Monday, July 23, 2007

Germany's DAX Drops for Second Day, Paced by Hypo Real Estate on Depfa Bid

(Bloomberg) -- Germany's benchmark DAX Index fell
for a second day, led by Hypo Real Estate Holding AG after the
commercial-property lender said it agreed to buy Depfa Bank Plc.

The DAX dropped 13.53, or 0.2 percent, to 7861.32 at 12:01
p.m. in Frankfurt. DAX futures expiring in September decreased
0.3 percent to 7913.50. The HDAX Index of the country's 110
biggest companies lost 0.1 percent.


Read more at Bloomberg Stocks News

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