Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Germany stocks lower at close of trade; DAX down 0.69%

Published 14/11/2015, 04:15 am
© Reuters.  Germany stocks lower at close of trade; DAX down 0.69%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Basic Resources, Technology and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.69%, while the MDAX index declined 0.69%, and the TecDAX index lost 1.41%.

The best performers of the session on the DAX were K+S AG NA O.N. (DE:SDFGn), which rose 2.54% or 0.590 points to trade at 23.850 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 1.01% or 0.960 points to end at 96.350 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 0.15% or 0.100 points to 67.420 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 1.78% or 0.158 points to trade at 8.717 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.71% or 0.415 points to end at 23.825 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 1.36% or 0.155 points to 11.210.

The top performers on the MDAX were Leoni AG NA O.N. (DE:LEOGn) which rose 5.01% to 34.180, Elringklinger AG NA O.N. (DE:ZILGn) which was up 1.38% to settle at 20.580 and DMG Mori Seiki AG (DE:GILG) which gained 0.74% to close at 37.355.

The worst performers were Deutsche Euroshop AG O.N. (DE:DEQGn) which was down 5.74% to 38.765 in late trade, Aurubis AG (DE:NAFG) which lost 4.92% to settle at 57.600 and Hugo Boss AG NA O.N. (DE:BOSSn) which was down 3.16% to 86.220 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 1.32% to 39.980, QSC AG NA O.N. (DE:QSCG) which was up 1.27% to settle at 1.600 and STRATEC Biomedical AG (DE:SBSG) which gained 1.25% to close at 51.160.

The worst performers were Wirecard AG (DE:WDIG) which was down 6.05% to 43.235 in late trade, Drillisch AG O.N. (DE:DRIG) which lost 3.38% to settle at 43.215 and Kontron AG O.N. (DE:KBCG) which was down 2.90% to 3.245 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 488 to 208 and 30 ended unchanged.

Shares in Hugo Boss AG NA O.N. (DE:BOSSn) fell to 52-week lows; down 3.16% or 2.810 to 86.220.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.02% to 21.71.

Gold for December delivery was up 0.08% or 0.90 to $1081.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.18% or 0.91 to hit $40.84 a barrel, while the January Brent oil contract fell 0.92% or 0.41 to trade at $44.77 a barrel.

EUR/USD was down 0.88% to 1.0721, while EUR/GBP fell 0.75% to 0.7050.

The US Dollar Index was up 0.70% at 99.25.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.