India, May 23 -- After moving notably higher in early trades on Friday, German stocks have pared some gains, unable to sustain at higher levels. The upmove came after data showed stronger than expected growth in the nation's gross domestic product in the first quarter.
The benchmark DAX, which climbed to 24,147.16 earlier in the session, was up 33.44 points or 0.14% at 24,041.71 a little while ago.
Siemens Energy is up 2.3%, and Bayer is gaining 2.2%. Symrise, MTU Aero Engines and Sartorius are advancing 1.4%, 1.3% and 1.2%, respectively.
Heidelberg Materials, Volkswagen, Merck, RWE, Qiagen and Siemens are up 0.5 to 0.85%.
Brenntag is down 3% and Fresenius Medical Care is drifting down 2.85%. Deutsche Bank, Munich Re and Hannover Rueck ...