FRANKFURT, June 27, 2016 (Xinhua) -- A pedestrain passes by a copper bear sculpture outside the Frankfurt Stock Exchange in Frankfurt, Germany, June 27, 2016. The benchmark DAX index at Frankfurt Stock Exchange on Monday fell by nearly 300 points and closed at 9,286.66 points. (Xinhua/Luo Huanhuan)
FRANKFURT, June 27 (Xinhua) -- The benchmark DAX index at Frankfurt Stock Exchange on Monday fell by nearly 300 points and closed at 9,286.66 points.
Uncertainty in the light of the referendum in Britain weighed on the sentiment on the market here, driving the blue-chip DAX index down by 288.5 points, or 3.02 percent. The DAX index has lost around 1,000 points since the result of the referendum was unveiled.
Vonovia, a real estate company, rose by 2.37 percent and Henkel which operates in three business areas including laundry and home care, beauty care and adhesive technologies, added 1.1 percent.
All the other DAX member shares dropped. Deutsche Lufthansa fell by 8.26 percent. Continental plunged by 8.08 percent. HeidelbergCement lost 8.03 percent. Volkswagen slipped by 7.13 percent. Deutsche Bank slid by 6.17 percent. Allianz went down by 5.24 percent. Commerzbank closed 5.24 percent lower.
Allianz was the most traded share of the day with a turnover of 578.96 million euros (642.57 million U.S. dollars).
