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Germany stocks lower at close of trade; DAX down 0.20%

Published 12/02/2016, 12:15 PM
Updated 12/02/2016, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.20%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Technology, Food & Beverages and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.20%, while the MDAX index lost 0.55%, and the TecDAX index declined 0.55%.

The best performers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 0.81% or 0.260 points to trade at 32.420 at the close. Meanwhile, Adidas AG NA O.N. (DE:ADSGN) added 0.62% or 0.850 points to end at 138.500 and Deutsche Telekom AG Na (DE:DTEGn) was up 0.58% or 0.085 points to 14.730 in late trade.

The worst performers of the session were Commerzbank AG O.N. (DE:CBKG), which fell 1.98% or 0.133 points to trade at 6.591 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.95% or 0.295 points to end at 14.835 and Lufthansa AG VNA O.N. (DE:LHAG) was down 1.30% or 0.160 points to 12.135.

The top performers on the MDAX were Symrise AG Inh. O.N. (DE:SY1G) which rose 1.35% to 56.350, Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was up 1.31% to settle at 37.590 and Deutsche Wohnen AG Inh (DE:DWNG) which gained 1.07% to close at 28.290.

The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 2.89% to 9.54 in late trade, Steinhoff International Holdings NV (DE:SNHG) which lost 1.83% to settle at 4.24 and Hella KGaA Hueck & Co (DE:HLE) which was down 1.77% to 32.24 at the close.

The top performers on the TecDAX were STRATEC Biomedical AG (DE:SBSG) which rose 3.74% to 43.000, Xing AG (DE:OBCGn) which was up 2.19% to settle at 177.300 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 1.29% to close at 38.085.

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The worst performers were Dialog Semiconductor (DE:DLGS) which was down 4.78% to 34.635 in late trade, Slm Solution G (DE:AM3D) which lost 3.03% to settle at 30.75 and S&T AG (F:SANT1) which was down 2.43% to 8.830 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 578 to 320 and 24 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.45% to 20.65.

Gold for February delivery was up 0.80% or 9.35 to $1178.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.65% or 0.33 to hit $51.39 a barrel, while the February Brent oil contract rose 0.46% or 0.25 to trade at $54.19 a barrel.

EUR/USD was up 0.13% to 1.0673, while EUR/GBP fell 0.56% to 0.8421.

The US Dollar Index was down 0.22% at 100.80.

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