German Stocks Decline, Led by Deutsche Boerse, Linde, Henkel

By Stefanie Haxel

July 4 (Bloomberg) -- Germany's DAX Index dropped, erasing earlier gains. Deutsche Boerse AG, Linde Group and Henkel AG led declining shares.

The benchmark DAX fell 24.66, or 0.4 percent, to 6,329.08 as of 9:27 a.m. after advancing as much as 0.3 percent. The HDAX Index of the country's 110 biggest companies slipped 0.3 percent to 3,239.18.

Deutsche Boerse, operator of the Frankfurt exchange, lost 1.27 euros, or 1.8 percent, to 70.60.

Linde, Germany's largest maker of industrial gas, retreated 1 euro, to 1.1 percent, to 90.68. Henkel AG, the maker of Persil detergent, slipped 21 cents, or 0.8 percent, to 25.14 euros.

To contact the reporter on this story: Stefanie Haxel in Frankfurt at shaxel@bloomberg.net