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Germany stocks lower at close of trade

Published 02/06/2015, 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 Friday, as losses in the Food & Beverage, Chemicals and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.54% to hit a new all time high, while the MDAX index declined 0.59%, and the TecDAX index fell 0.06%.

The best performers of the session on the DAX were Commerzbank AG O.N. (XETRA:CBKG), which rose 0.90% or 0.100 points to trade at 11.250 at the close. Meanwhile, Deutsche Boerse NA O.N. (XETRA:DB1Gn) added 0.80% or 0.550 points to end at 69.150 and Volkswagen AG VZO O.N. (XETRA:VOWG_p) was up 0.73% or 1.550 points to 214.250 in late trade.

The worst performers of the session were Lufthansa AG VNA O.N. (XETRA:LHAG), which fell 2.39% or 0.340 points to trade at 13.865 at the close. Fresenius SE & Co KGAA O.N. (XETRA:FREG) declined 2.29% or 1.125 points to end at 48.080 and Bayer AG NA (XETRA:BAYGN) was down 2.00% or 2.550 points to 125.250.

The top performers on the MDAX were Metro AG ST O.N. (XETRA:MEOG) which rose 0.91% to 29.800, Celesio AG Nam. O.N. (XETRA:CLSGn) which was up 0.83% to settle at 26.795 and Hannover Rueckversicherung SE (XETRA:HNRGn) which gained 0.61% to close at 82.070.

The worst performers were Symrise AG Inh. O.N. (XETRA:SY1G) which was down 2.90% to 54.920 in late trade, Fielmann AG O.N. (XETRA:FIEG) which lost 2.48% to settle at 59.270 and Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which was down 2.46% to 13.110 at the close.

The top performers on the TecDAX were QSC AG NA O.N. (XETRA:QSCG) which rose 3.91% to 2.047, CompuGroup Medical AG O.N. (XETRA:COPMa) which was up 3.24% to settle at 25.500 and Aixtron SE NA O.N. (XETRA:AIXGn) which gained 2.86% to close at 7.189.

The worst performers were Bechtle AG O.N. (XETRA:BC8G) which was down 5.87% to 71.510 in late trade, Xing AG (XETRA:OBCGn) which lost 3.79% to settle at 109.150 and Carl Zeiss Meditec AG (XETRA:AFXG) which was down 2.45% to 23.900 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 371 to 361 and 19 ended unchanged.

Shares in Volkswagen AG VZO O.N. (XETRA:VOWG_p) rose to all time highs; up 0.73% or 1.550 to 214.250. Shares in Aixtron SE NA O.N. (XETRA:AIXGn) rose to 5-year lows; gaining 2.86% or 0.200 to 7.189.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.30% to 18.48.

Gold for April delivery was down 2.46% or 31.00 to $1231.70 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 2.75% or 1.39 to hit $51.87 a barrel, while the March Brent Oil contract rose 2.73% or 1.54 to trade at $58.12 a barrel.

EUR/USD was down 1.33% to 1.1325, while EUR/GBP fell 0.81% to 0.7427.

The US Dollar Index was up 1.21% at 94.80.

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