India, June 13 -- The DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange slipped more than a percent on Friday as the sharp escalation in the Middle East conflict rattled global markets.
The DAX is currently trading 1.4 percent lower at 23,442.79, versus the previous close of 23,779.07. The day's trading ranged between a high of 23,560.84 and a low of 23,355.78.
In the 40-scrip index, only 1 scrip is trading in the overnight green zone. RWE recorded overnight gains of 1.2 percent.
Continental topped losses with a decline of 2.64 percent. Deutsche Bank, Heidelberg Materials, Adidas and Porsche have all declined more than 2.5 percent.
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