AROUND THE WORLD'S MARKETS: FRANKFURT

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The Independent Online
GERMANY'S Xetra DAX slid with Wall Street in afternoon trading.

The Xetra Dax closed down 57.88 at 5,010.7 after briefly dipping below 5,000. Of the Dax's 30 blue-chip stocks, 20 traded lower.

Deutsche Telecom, the most traded stock, closed down 1.77 per cent.

Metro, the retail giant, was another faller shedding 3 per cent.

Deutsche Bank gained 1.2 per cent but declined to comment on talk it may have sold a large stake in Italy's BCI.

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