Around the World's Markets: Frankfurt

Tuesday 16 February 1999 00:02 GMT

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SHARES closed slightly lower, with the Xetra DAX down 7.79 points at 4,888.95, but well above the day's low point of 4,807.39.

Banking stocks fell, with Deutsche Bank down 0.39 euros at 46.76. BMW rose 21.70 euros to 745.70 on bid hopes. Daimler-Chrysler gained 1 to 85 euros after it said that a decision on a link with Nissan would be made soon. Thyssen and Mannesman fell as the metalworkers' union in Baden- Wurttemberg voted for a strike ballot.

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Around the World's Markets: Frankfurt

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