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Germany stocks lower at close of trade; DAX down 0.85%

Published 09/11/2015, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.85%
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Utilities, Food & Beverages and Technology sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.85%, while the MDAX index lost 1.01%, and the TecDAX index lost 0.88%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (XETRA:HEIG), which rose 0.76% or 0.500 points to trade at 66.120 at the close. Meanwhile, Lufthansa AG VNA O.N. (XETRA:LHAG) added 0.04% or 0.005 points to end at 11.770 and Volkswagen AG VZO O.N. (XETRA:VOWG_p) was up 0.03% or 0.050 points to 167.950 in late trade.

The worst performers of the session were E.ON SE NA (XETRA:EONGn), which fell 4.36% or 0.389 points to trade at 8.543 at the close. RWE AG ST O.N. (XETRA:RWEG) declined 3.37% or 0.420 points to end at 12.060 and Lanxess AG (XETRA:LXSG) was down 2.21% or 1.015 points to 44.920.

The top performers on the MDAX were STADA Arzneimittel VNA O.N. (XETRA:STAGn) which rose 4.81% to 32.790, Kloeckner & Co SE NA (XETRA:KCOGn) which was up 1.24% to settle at 8.251 and Rhoen-Klinikum O.N. (XETRA:RHKG) which gained 0.77% to close at 24.715.

The worst performers were Gerry Weber Internat.O.N. (XETRA:GWIG) which was down 12.30% to 16.820 in late trade, Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which lost 2.49% to settle at 12.915 and Salzgitter AG O.N. (XETRA:SZGG) which was down 2.34% to 26.445 at the close.

The top performers on the TecDAX were Pfeiffer Vacuum Technology O.N. (XETRA:PV) which rose 4.74% to 99.900, LPKF Laser & Electronics (XETRA:LPKG) which was up 2.17% to settle at 8.536 and Xing AG (XETRA:OBCGn) which gained 1.31% to close at 178.250.

The worst performers were SMA Solar Technology AG (XETRA:S92G) which was down 6.18% to 31.265 in late trade, Nemetschek AG O.N. (XETRA:NEKG) which lost 2.73% to settle at 29.795 and Dialog Semiconductor (XETRA:DLGS) which was down 2.14% to 43.340 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 513 to 166 and 41 ended unchanged.

Shares in E.ON SE NA (XETRA:EONGn) fell to all time lows; losing 4.36% or 0.389 to 8.543. Shares in RWE AG ST O.N. (XETRA:RWEG) fell to all time lows; falling 3.37% or 0.420 to 12.060. Shares in Gerry Weber Internat.O.N. (XETRA:GWIG) fell to 3-years lows; falling 12.30% or 2.360 to 16.820. Shares in Pfeiffer Vacuum Technology O.N. (XETRA:PV) rose to all time highs; up 4.74% or 4.520 to 99.900.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.11% to 27.42.

Gold for December delivery was down 0.55% or 6.10 to $1103.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.05% or 0.94 to hit $44.98 a barrel, while the October Brent oil contract fell 1.40% or 0.69 to trade at $48.20 a barrel.

EUR/USD was up 0.49% to 1.1336, while EUR/GBP rose 0.63% to 0.7350.

The US Dollar Index was down 0.34% at 95.23.

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