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Germany stocks lower at close of trade

Published 01/27/2015, 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 Tuesday, as losses in the Industrial, Construction and Technology sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.57%, while the MDAX index fell 1.45%, and the TecDAX index fell 1.58%.

The best performers of the session on the DAX were Deutsche Boerse NA O.N. (XETRA:DB1Gn), which rose 1.16% or 0.780 points to trade at 67.860 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (XETRA:FREG) added 1.01% or 0.510 points to end at 50.790 and K & S AG NA O.N. (XETRA:SDFGN) was up 0.15% or 0.040 points to 27.440 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (XETRA:DBKGn), which fell 3.39% or 0.890 points to trade at 25.365 at the close. Bay.Motoren Werke AG ST (XETRA:BMWG) declined 3.09% or 3.250 points to end at 102.000 and Daimler AG NA O.N. (XETRA:DAIGn) was down 2.99% or 2.420 points to 78.630.

The top performers on the MDAX were Wacker Chemie O.N. (XETRA:WCHG) which rose 0.74% to 94.700, Sky Deutschland AG NA (XETRA:SKYDn) which was up 0.47% to settle at 6.668 and Gerry Weber Internat.O.N. (XETRA:GWIG) which gained 0.25% to close at 35.490.

The worst performers were Bilfinger SE O.N. (XETRA:GBFG) which was down 4.28% to 45.945 in late trade, Kloeckner & Co SE NA (XETRA:KCOGn) which lost 4.00% to settle at 9.200 and MTU Aero Engines NA O.N. (XETRA:MTXGn) which was down 3.27% to 82.440 at the close.

The top performers on the TecDAX were Wirecard AG (XETRA:WDIG) which rose 0.29% to 39.450, Sartorius AG VZO O.N. (XETRA:SATG_p) which was up 0.18% to settle at 111.050 and Morphosys AG O.N. (XETRA:MORG) which gained 0.09% to close at 75.410.

The worst performers were SMA Solar Technology AG (XETRA:S92G) which was down 17.50% to 12.025 in late trade, QSC AG NA O.N. (XETRA:QSCG) which lost 5.04% to settle at 1.732 and Adva Optical Networking SE (XETRA:ADAG) which was down 3.87% to 2.903 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 582 to 152 and 18 ended unchanged.

Shares in Deutsche Boerse NA O.N. (XETRA:DB1Gn) rose to 5-year highs; up 1.16% or 0.780 to 67.860. Shares in Fresenius SE & Co KGAA O.N. (XETRA:FREG) rose to 52-week highs; up 1.01% or 0.510 to 50.790. Shares in K & S AG NA O.N. (XETRA:SDFGN) rose to 52-week highs; rising 0.15% or 0.040 to 27.440. Shares in Wirecard AG (XETRA:WDIG) rose to all time highs; gaining 0.29% or 0.115 to 39.450. Shares in SMA Solar Technology AG (XETRA:S92G) fell to all time lows; down 17.50% or 2.550 to 12.025. Shares in Sartorius AG VZO O.N. (XETRA:SATG_p) rose to all time highs; up 0.18% or 0.200 to 111.050.

The DAX volatility index, which measures the implied volatility of DAX options, was up 6.87% to 20.38.

Gold for April delivery was up 1.07% or 13.70 to $1294.10 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 2.26% or 1.02 to hit $46.17 a barrel, while the March Brent Oil contract rose 2.21% or 1.06 to trade at $49.23 a barrel.

EUR/USD was up 1.19% to 1.1371, while EUR/GBP rose 0.40% to 0.7484.

The US Dollar Index was down 1.05% at 94.28.

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