Wednesday, 12 August 2015 20:52
FRANKFURT: German shares plunged sharply in late afternoon trading on the Frankfurt stock exchange Wednesday, after China further devalued its currency and reported more poor economic data.
The German blue-chip DAX 30 index was showing a loss of 3.18 percent at 10,934.18 points at 1405 GMT after already shedding 2.68 percent on Tuesday.
