Wacker Stock Jumps on German Solar-Installation Figures

03 Dec. 2012 by

BLOOMBERG - Wacker Chemie AG (WCH) jumped the most in 11 weeks in Frankfurt trading after Germany’s federal network agency said the country’s solar-panel installations rose 26 percent in October.

Wacker Chemie, the world’s fourth-biggest maker of polysilicon, gained as much as 3.9 percent to 43.47 euros, the biggest intraday increase since Sept. 14. Germany added 612 megawatts of panels, compared to 486 megawatts in the same month in 2011, the network regulator said on its website.

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