India, June 18 -- The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading in the overnight red zone amidst war clouds intensifying in the Middle East.
The DAX which shed close to a percent on Tuesday extended losses with a decline of close to half a percent on Wednesday.
The index is currently trading 0.50 percent lower at 23,337.27, versus the previous close of 23,455.47. The day's trading ranged between a high of 23,331.33 and a low of 23,506.56.
In the 40-scrip index, only 9 scrips are trading in the overnight green zone.
MTU Aero Engines topped with overnight gains of 2.1 percent. Airbus also rallied close to 2 percent.
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