German stocks extend losses, down more than 5.0%

GMT 12:02 2015 Monday ,24 August

Arab Today, arab today German stocks extend losses, down more than 5.0%

German stocks
Frankfurt - Arab Today

German stocks extended their heavy losses on Monday, shedding more than 5.0 percent in early afternoon trading amid worries about the rout in global stock markets over China's slowing economy.

The blue-chip DAX 30 index hit an intraday low of 9,593.40 points at around 1145 GMT, a drop of 5.25% from the previous closing level on Friday.

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