Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks lower at close of trade; DAX down 1.92%

Published 09/24/2015, 12:15 PM
Updated 09/24/2015, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.92%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Construction, Pharmaceuticals & Healthcare and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX lost 1.92% to hit a new 6-months low, while the MDAX index fell 1.92%, and the TecDAX index fell 1.46%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (XETRA:VOWG_p), which rose 0.58% or 0.650 points to trade at 112.150 at the close. Meanwhile, K & S AG NA O.N. (XETRA:SDFGn) fell 0.56% or 0.170 points to end at 30.050 and Muench. Rueckvers. VNA O.N. (XETRA:MUVGn) was down 0.64% or 1.050 points to 164.100 in late trade.

The worst performers of the session were Bay.Motoren Werke AG ST (XETRA:BMWG), which fell 5.15% or 4.110 points to trade at 75.680 at the close. Lanxess AG (XETRA:LXSG) declined 5.12% or 2.270 points to end at 42.040 and Daimler AG NA O.N. (XETRA:DAIGn) was down 4.43% or 2.940 points to 63.480.

The top performers on the MDAX were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which rose 2.28% to 16.140, Aurubis AG (XETRA:NAFG) which was up 0.70% to settle at 55.790 and Gagfah SA Nom. (XETRA:GFJG) which gained 0.29% to close at 15.600.

The worst performers were Kloeckner & Co SE NA (XETRA:KCOGn) which was down 7.99% to 7.165 in late trade, Duerr AG O.N. (XETRA:DUEG) which lost 6.04% to settle at 59.070 and Leoni AG NA O.N. (XETRA:LEOGn) which was down 5.60% to 47.390 at the close.

The top performers on the TecDAX were Drillisch AG O.N. (XETRA:DRIG) which rose 4.27% to 45.185, Nemetschek AG O.N. (XETRA:NEKG) which was up 2.72% to settle at 30.575 and PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which gained 2.41% to close at 11.900.

The worst performers were Aixtron SE NA O.N. (XETRA:AIXGn) which was down 7.37% to 5.331 in late trade, Telefonica Deutschland Holding AG (XETRA:O2Dn) which lost 5.64% to settle at 5.335 and Adva Optical Networking SE (XETRA:ADAG) which was down 5.54% to 9.216 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 554 to 134 and 39 ended unchanged.

Shares in Bay.Motoren Werke AG ST (XETRA:BMWG) fell to 52-week lows; losing 5.15% or 4.110 to 75.680. Shares in Kloeckner & Co SE NA (XETRA:KCOGn) fell to 52-week lows; down 7.99% or 0.622 to 7.165. Shares in Drillisch AG O.N. (XETRA:DRIG) rose to all time highs; up 4.27% or 1.850 to 45.185.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.65% to 28.29.

Gold for December delivery was up 1.86% or 21.00 to $1152.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.65% or 0.29 to hit $44.77 a barrel, while the November Brent oil contract rose 0.85% or 0.41 to trade at $48.16 a barrel.

EUR/USD was up 0.59% to 1.1251, while EUR/GBP rose 0.57% to 0.7378.

The US Dollar Index was down 0.47% at 95.94.

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.