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German shares close flat in correction after last week's gains


Published : Tue, 23 Jan 2007 18:10
By : Agencies
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FRANKFURT (AFX) - German shares closed flat in correction after last week's gains but off this afternoon's lows helped by early gains on Wall Street, dealers said.

The DAX closed 8.38 points or 0.13 pct lower at 6,678.93, having traded between 6,627.96 and 6,704.36 today.

The MDAX lost 21.03 points or 0.22 pct to 9,613.56, while the TecDAx gained 0.64 points or 0.08 pct to 797.38.

The DAX futures contract lost 7.50 points or 0.11 pct to 6,712.50.

Bund futures were largely flat, up 0.06 points or 0.05 pct to 115.58.

The euro last traded at 1.30303 usd compared to 1.30313 earlier.

newsdesk@afxnews.com

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