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Germany shares lower at close of trade

Published 14/01/2015, 17:15
© Reuters.  Germany shares lower at close of trade
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DE40
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CBKG
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AIR
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FMEG
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TKAG
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FREG
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SZGG
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QBYn
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SOWGn
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RWEG
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NAFG
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GILG
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PV
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FIEG
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SBSG
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Investing.com – Germany equities were lower at the close on Wednesday, as losses in the DAX Basic Resources, DAX Food & Beverage and DAX Utilities sectors propelled shares lower.

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

The biggest gainers 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. 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.

Biggest losers included Thyssenkrupp AG O.N. (XETRA:TKAG), which lost 5.68% or 1.165 points to trade at 19.335 in late trade. 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) shed 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.

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

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

In commodities trading, Gold for February delivery was up 0.39% or 4.80 to $1239.20 a troy ounce. Meanwhile, 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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