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Germany stocks lower at close of trade; DAX down 1.06%

Published 02/12/2015, 04:15 am
© Reuters.  Germany stocks lower at close of trade; DAX down 1.06%

Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Chemicals, Transportation & Logistics and Retail sectors led shares lower.

At the close in Frankfurt, the DAX lost 1.06%, while the MDAX index fell 0.72%, and the TecDAX index lost 0.81%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 16.57% or 1.805 points to trade at 12.695 at the close. Meanwhile, Adidas AG NA O.N. (DE:ADSGN) added 1.44% or 1.320 points to end at 92.910 and Lufthansa AG VNA O.N. (DE:LHAG) was up 1.22% or 0.165 points to 13.730 in late trade.

The worst performers of the session were Linde AG O.N. (DE:LING), which fell 14.34% or 23.700 points to trade at 141.550 at the close. K+S AG NA O.N. (DE:SDFGn) declined 4.14% or 1.115 points to end at 25.825 and BASF SE NA O.N. (DE:BASFN) was down 2.00% or 1.570 points to 76.770.

The top performers on the MDAX were Suedzucker Mannheim Ochsenfurt AG (DE:SZUG) which rose 5.17% to 18.815, Tui AG NA (DE:TUIGn) which was up 2.48% to settle at 16.140 and Norma Group AG NA O.N. (DE:NOEJ) which gained 1.72% to close at 52.620.

The worst performers were Metro AG ST O.N. (DE:MEOG) which was down 5.01% to 29.980 in late trade, Osram Licht (DE:OSRn) which lost 2.57% to settle at 38.873 and Duerr AG O.N. (DE:DUEG) which was down 2.49% to 79.750 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 5.14% to 58.910, Nemetschek AG O.N. (DE:NEKG) which was up 3.76% to settle at 43.510 and QSC AG NA O.N. (DE:QSCG) which gained 2.67% to close at 1.574.

The worst performers were Adva Optical Networking SE (DE:ADAG) which was down 4.41% to 11.280 in late trade, LPKF Laser & Electronics (DE:LPKG) which lost 3.52% to settle at 7.650 and Freenet AG NA (DE:FNTGn) which was down 2.78% to 30.975 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 399 to 302 and 32 ended unchanged.

Shares in Adidas AG NA O.N. (DE:ADSGN) rose to 52-week highs; up 1.44% or 1.320 to 92.910. Shares in Suedzucker Mannheim Ochsenfurt AG (DE:SZUG) rose to 52-week highs; rising 5.17% or 0.925 to 18.815. Shares in Norma Group AG NA O.N. (DE:NOEJ) rose to all time highs; up 1.72% or 0.890 to 52.620. Shares in Nemetschek AG O.N. (DE:NEKG) rose to 52-week highs; gaining 3.76% or 1.575 to 43.510.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.77% to 20.89.

Gold for February delivery was down 0.08% or 0.80 to $1064.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.31% or 0.13 to hit $41.52 a barrel, while the January Brent oil contract fell 0.48% or 0.21 to trade at $44.40 a barrel.

EUR/USD was up 0.45% to 1.0614, while EUR/GBP rose 0.33% to 0.7043.

The US Dollar Index was down 0.29% at 99.98.

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