Around the world's markets: Germany

Monday 10 August 1998 23:02 BST
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GERMAN SHARES closed lower on continuing uncertainty over Asia and Wall Street, with the DAX dipping below the psychological support level of 5,500 late in the afternoon, dealers said.

The Xetra DAX closed at a low of 5,460.43, down 137.89 while the DAX closed today's floor session down 104.97 at 5,476.25. Dealers said trading was dominated by Asia-related worries, notably the prospect of a devaluation of the yuan and the lack of a clear lead on tax reform in Japan.

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