German blue-chip DAX index down more than 3% in late afternoon
Frankfurt stock exchange
Frankfurt - Arab Today
German shares plunged sharply in late afternoon trading on the Frankfurt stock exchange Wednesday, after China further devalued its currency and reported more poor economic data.
The German blue-chip DAX 30 index was showing a loss of 3.18 percent at 10,934.18 points at 1405 GMT after already shedding 2.68 percent on Tuesday.
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