Vectron stock hits a new low

Shares in Vectron Systems, the German producer of electronic payment systems, plunged to the lowest point this year, after an 87 per cent drop in nine-month earnings.

The stock, which has shed 54 per cent of its value so far this year closed last night at an alltime low E6.95 (£4.25), down 44 per cent from the opening figure of E11.19 (£6.85).