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DAX Gives Up Early Gains As Euro Rises

German shares gave up early gains to trade on a flat note on Wednesday as investors awaited the release of minutes of the September Federal Reserve policy meeting later today for clues on the rate outlook.

The euro hit a two-week high against the dollar after Catalan leader Carles Puigdemont refrained from making a formal declaration of the region's independence on Tuesday.

The benchmark DAX was marginally higher at 12,954 in late opening deals after declining 0.2 percent on Tuesday.

Drug delivery devices maker Gerresheimer rallied more than 2 percent after unveiling its third-quarter results.

GEA Group shares jumped as much as 6.8 percent after activist investor Paul Singer bought a stake of just over 3 percent in the food processing machinery firm.

by RTTNews Staff Writer

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