Dec 30 Germany's blue-chip index DAX
closed the year with a gain of 26 percent on Monday, strongly
outpacing pan-European indexes as investors favoured shares from
the region's biggest economy.
The strong annual gains for the DAX - home of bellwethers
such as Siemens, BMW and Deutsche Bank
- followed a rise of 29 percent last year.
The index, which includes dividends in its calculation, hit
a record high of 9,594.35 points in early trade on Monday,
before drifting lower and closing 0.4 percent lower on the day.
By comparison, the FTSEurofirst 300 index of top
European shares has risen 16 percent in 2013.
Frankfurt's stock market closed at 1300 GMT on Monday and
will remain closed on Tuesday and Wednesday for the New Year