GERMAN BOURSE TURNOVER FOR FIRST QUARTER DETAILED
Share and bond turnover on all eight
West German bourses in the first 1987 quarter was valued at
483.4 billion marks, according to the new method of calculating
turnover, the Association of German bourses said in a
statement.
    The statement, however, did not give figures on the total
number of share and bond units transacted.
    While shares posted a turnover worth 187.9 billion marks,
bond turnover was 295.4 billion marks. No comparative figures
were available because of the new method of calculation.
    In March, share and bond turnover rose 28 pct to 181.1
billion marks from the previous month, reversing the sharp
turnover drop in February. Average daily turnover rose to 8.2
billion marks against 7.0 billion in February.
    Bond turnover jumped 33 pct to 113.3 billion marks in
March, giving an average transaction value of 455,000 marks
each on the total 249,000 transactions. More than 90 pct of the
turnover was in public authority bonds.
    Share turnover rose 22 pct to 67.8 billion marks. With 1.5
mln deals, share transactions averaged 45,000 marks each.
    German shares accounted for Nearly 80 pct of share
turnover. Foreign shares took up over eight pct and domestic
and foreign options, about 12 pct. Deutsche Bank <DBKG.F> was
the most traded share in March, with 4.7 billion marks worth
changing hands. Siemens <SIEG.F> was next with 4.5 billion
marks, Bayer <BAYG.F> 4.0 billion, Volkswagen <VOWG.F> 3.4
billion, Daimler-Benz <DAIG.F> 3.4 billion, Veba <VEBG.F> 2.4
billion, Dresdner Bank <DRSD.F> 2.0 billion, Hoechst <HFAG.F>
2.0 billion, BASF <BASF.F> 1.8 billion and AEG AG <AEGG.F> 1.5
billion. Trading in these 10 shares accounted for 44 pct of
total share turnover.
 REUTER
