BERLIN, Sept. 4 (Xinhua) -- After temporary exceeding 13,400 points on Thursday, German stocks were off to a bad start on Friday, with the benchmark DAX index losing 141.65 points, or 1.08 percent, opening at 12,916.12 points.

The biggest winner among Germany's 30 largest listed companies at the start of trading was plastics specialist Covestro, increasing by 0.50 percent, followed by Germany's largest bank Deutsche Bank with minus 0.03 percent and food delivery company Delivery Hero with minus 0.14 percent.

Shares of Covestro had already been on top of the DAX on Thursday after stock operator Deutsche Boerse announced that the plastic specialist would not lose its place in Germany's prime index to pharma company Qiagen after evaluating market capitalizations.

Shares of Vonovia fell by 3.81 percent. The German housing company was the biggest loser at the start of trading on Friday. On Thursday, Vonovia announced a capital increase of approximately one billion euros (1.2 billion U.S. dollars) to repay "upcoming debt maturities" in the fourth quarter of 2020.

New orders for Germany's important manufacturing sector in July grew by 2.8 percent month-on-month after already surging by 28.8 percent in June, the German Federal Statistical Office announced on Friday. However, new orders were still 7.3 percent below last year's level.

The yield on German ten-year bonds went up 0.003 percentage points to minus 0.488 percent, and the euro was trading almost unchanged at 1.1852 U.S. dollars, increasing by 0.01 percent on Friday morning. Enditem

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