German shares almost unchanged at start of trading


German stocks were almost unchanged at the start of trading on Friday, with the benchmark DAX index losing 6.06 points, or 0.05 percent, opening at 13,280.51 points, Xinhua reports.

The biggest winner among Germany's 30 largest listed companies at the start of trading was software company SAP, increasing by 0.98 percent, followed by industrial gas producer Linde with 0.83 percent and housing company Deutsche Wohnen with 0.44 percent.

Shares of BMW fell by 1.73 percent. The luxury carmaker was the biggest loser at the start of trading.

The index of import prices in Germany in October increased by 0.3 percent on the previous month but was down 3.9 percent year-on-year, the country's Federal Statistical Office (Destatis) announced on Friday. Export prices also grew slightly compared to last month but were down 1.0 percent compared to October last year.

The yield on German 10-year bonds went down 0.001 percentage points to minus 0.587 percent, and the euro was trading almost unchanged at 1.1910 U.S. dollars, increasing by 0.01 percent on Friday morning.