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Germany stocks lower at close of trade; DAX down 0.37%

Published 07/03/2015, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.37%
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Utilities, Food & Beverages and Construction sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.37%, while the MDAX index declined 0.03%, and the TecDAX index declined 0.09%.

The best performers of the session on the DAX were K & S AG NA O.N. (XETRA:SDFGN), which rose 4.44% or 1.645 points to trade at 38.665 at the close. Meanwhile, Muench. Rueckvers. VNA O.N. (XETRA:MUVGn) added 0.83% or 1.350 points to end at 163.700 and Lanxess AG (XETRA:LXSG) was up 0.74% or 0.400 points to 54.520 in late trade.

The worst performers of the session were RWE AG ST O.N. (XETRA:RWEG), which fell 2.91% or 0.590 points to trade at 19.705 at the close. Heidelbergcement AG O.N. (XETRA:HEIG) declined 1.29% or 0.930 points to end at 71.340 and Adidas AG NA O.N. (XETRA:ADSGN) was down 1.26% or 0.890 points to 69.550.

The top performers on the MDAX were Leoni AG NA O.N. (XETRA:LEOGn) which rose 2.39% to 59.640, Krones AG O.N. (XETRA:KRNG) which was up 1.86% to settle at 97.450 and Tag Immobilien AG (XETRA:TEGG) which gained 1.61% to close at 10.700.

The worst performers were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which was down 1.39% to 14.905 in late trade, Celesio AG Nam. O.N. (XETRA:CLSGn) which lost 1.19% to settle at 26.115 and STADA Arzneimittel VNA O.N. (XETRA:STAGn) which was down 1.16% to 30.305 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (XETRA:ADAG) which rose 3.10% to 8.774, Stratec Biomedical (XETRA:SBSG) which was up 1.59% to settle at 49.885 and Nordex SE O.N. (XETRA:NDXG) which gained 1.28% to close at 22.240.

The worst performers were Kontron AG O.N. (XETRA:KBCG) which was down 4.20% to 3.787 in late trade, SMA Solar Technology AG (XETRA:S92G) which lost 2.57% to settle at 20.850 and QSC AG NA O.N. (XETRA:QSCG) which was down 1.75% to 1.793 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 434 to 273 and 65 ended unchanged.

Shares in K & S AG NA O.N. (XETRA:SDFGN) rose to 52-week highs; rising 4.44% or 1.645 to 38.665. Shares in Adva Optical Networking SE (XETRA:ADAG) rose to 5-year highs; up 3.10% or 0.264 to 8.774. Shares in Kontron AG O.N. (XETRA:KBCG) fell to 52-week lows; down 4.20% or 0.166 to 3.787.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 27.09 a new 3-years high.

Gold for August delivery was up 0.33% or 3.80 to $1167.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 2.41% or 1.37 to hit $55.56 a barrel, while the August Brent oil contract fell 2.76% or 1.72 to trade at $60.35 a barrel.

EUR/USD was up 0.19% to 1.1105, while EUR/GBP rose 0.37% to 0.7128.

The US Dollar Index was down 0.11% at 96.18.

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