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German shares mixed, euro steady in Frankfurt
Published in Saudi Press Agency on 13 - 03 - 2005

German shares were mixed in trading Thursday on the Frankfurt Stock Exchange, while the euro was steady on currency markets in the wake of record-high U.S. current accounts deficit data.
The 30-share DAX improved 0.16 per cent to 4315 points in trading, while the MDAX list of 70 mid-caps dipped 0.37 per cent to 5645 points. The technology index TecDAX rose by 0.66 per cent to 532 points.
The European Central Bank pegged the euro at 1.3378 dollars Thursday, minimally changed from the 1.3373 dollars reference rate the day before.
The new rate corresponds to 74.75 (74.78) euro-cents per dollar, as the euro also showed little movement in the ECB's other main reference notations.
The ECB listed the euro at 69.59 (69.60) British pence, 139.72 (139.33) yen and 1.5471 (1.5462) Swiss francs.
German shares meanwhile were also showing little movement in routine trading.
At mid-afternoon on the Frankfurt Stock Exchange, the 30-share DAX was up a scant 0.12 per cent to over 4314 points, while the MDAX list of 70 mid-caps was down 0.35 per cent to 5647 points. The technology index TecDAX was up 0.41 per cent to 531 points.
--SP 2002 Local Time 1702 GMT


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