Replies to post #11118 on FinancialAdvisor's College Class (FACC)

[xe2dy]

Hi FA, is the DAX decline due to Katrina?

German Stocks Decline for Second Day, Led by Allianz, HVB Group

Sept. 13 (Bloomberg) -- German stocks declined for a second day. Allianz AG, Europe's largest insurer, and HVB Group, Germany's second-biggest bank by market value, led losses.

The DAX Index decreased 20.97, or 0.4 percent, to 4969.01 as of 9:32 a.m. in Frankfurt.

Allianz fell 1.4 percent to 104.01 euros, extending yesterday's 3.3 percent drop. HVB slipped 0.9 percent to 23.38 euros.

http://www.bloomberg.com/apps/news?pid=10000100&refer=germany&sid=aaWz2_XwqMWA