Around the World's Markets: Frankfurt

Saturday 12 December 1998 00:02 GMT

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GERMAN SHARES plunged again yesterday, after shedding over 6 per cent this week, to finish at a six-week low, as the US dollar continued to fall against the German mark.

Traders also noted reluctance among investors to take positions ahead of the introduction of the euro in the new year, making it hard to envisage a rebound from the recent rally in the market.

The benchmark Dax fell over 2 per cent, to close at 4,540, wile the electronically traded Xetra Dax ended down 2.31 per cent at 4543.0.

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