German shares fell in early trading Wednesday on the Frankfurt Stock Exchange, while the euro was steady on currency markets. The 30-share DAX fell 0.53 per cent to 4328 points in the first few minutes of trading, while the MDAX list of 70 mid-caps eased by 0.12 per cent to 5628 points. The technology index TecDAX lost 0.10 per cent to 521 points. The early losses came as the consumer market research group GfK in Nuremberg reported a weakening of German consumer confidence amid uncertainties about the economy and jobs. Meanwhile the euro was steady in early European trading, with exchanges quoting 1.2946 dollars or 77.20 euro-cents per dollar. The rate was a fraction above the 1.2926 dollars reference pegging set Tuesday by the European Central Bank.
