Germany's benchmark stock index, the DAX Index, fell 0.62 percent at 9:05 a.m.
The index of 30 companies traded on the Frankfurt Stock Exchange fell 47.59 to 7,619.44. Among the stocks in the index, 2 rose, 26 fell and 2 were unchanged.
Declines in the DAX were led by Allianz Se, Siemens Ag and Deutsche Bank Ag. About 2.35 million shares traded in the DAX.
all-penny-stocks.com
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