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Germany stocks lower at close of trade

Published 01/14/2015, 12:15 PM
© Reuters.  Germany stocks lower at close of trade
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Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Basic Resources, Food & Beverage and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.25%, while the MDAX index fell 0.84%, and the TecDAX index declined 0.94%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (XETRA:FMEG), which rose 0.68% or 0.430 points to trade at 63.450 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (XETRA:FREG) added 0.59% or 0.270 points to end at 46.160 and Infineon Technologies AG NA O.N. (XETRA:IFXGn) was up 0.39% or 0.035 points to 8.991 in late trade.

The worst performers of the session were Thyssenkrupp AG O.N. (XETRA:TKAG), which fell 5.68% or 1.165 points to trade at 19.335 at the close. Commerzbank AG O.N. (XETRA:CBKG) declined 4.12% or 0.455 points to end at 10.585 and RWE AG ST O.N. (XETRA:RWEG) was down 2.96% or 0.675 points to 22.100.

The top performers on the MDAX were Fielmann AG O.N. (XETRA:FIEG) which rose 1.38% to 58.730, DMG Mori Seiki AG (XETRA:GILG) which was up 0.87% to settle at 24.220 and Airbus Group (XETRA:AIRG) which gained 0.63% to close at 45.455.

The worst performers were Aurubis AG (XETRA:NAFG) which was down 7.49% to 41.625 in late trade, Kloeckner & Co SE NA (XETRA:KCOGn) which lost 4.50% to settle at 8.340 and Salzgitter AG O.N. (XETRA:SZGG) which was down 3.86% to 21.285 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 2.99% to 14.660, Software AG O.N. (XETRA:SOWG) which was up 0.69% to settle at 21.220 and Stratec Biomedical (XETRA:SBSG) which gained 0.29% to close at 47.415.

The worst performers were QSC AG NA O.N. (XETRA:QSCG) which was down 4.08% to 1.812 in late trade, Morphosys AG O.N. (XETRA:MORG) which lost 2.55% to settle at 75.570 and Pfeiffer Vacuum Technology O.N. (XETRA:PV) which was down 2.36% to 72.940 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 522 to 198 and 23 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (XETRA:FMEG) rose to all time highs; gaining 0.68% or 0.430 to 63.450. Shares in Fresenius SE & Co KGAA O.N. (XETRA:FREG) rose to 52-week highs; gaining 0.59% or 0.270 to 46.160. Shares in RWE AG ST O.N. (XETRA:RWEG) fell to 52-week lows; down 2.96% or 0.675 to 22.100. Shares in Kloeckner & Co SE NA (XETRA:KCOGn) fell to 52-week lows; falling 4.50% or 0.393 to 8.340. Shares in Salzgitter AG O.N. (XETRA:SZGG) fell to 5-year lows; down 3.86% or 0.855 to 21.285.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.68% to 22.80.

Gold for February delivery was up 0.39% or 4.80 to $1239.20 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in February fell 0.41% or 0.19 to hit $45.70 a barrel, while the March Brent Oil contract fell 1.60% or 0.77 to trade at $47.05 a barrel.

EUR/USD was up 0.27% to 1.1804, while EUR/GBP fell 0.20% to 0.7750.

The US Dollar Index was down 0.33% at 92.14.

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