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Germany stocks lower at close of trade; DAX down 0.44%

Published 10/11/2016, 12:15 PM
Updated 10/11/2016, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.44%

Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Technology, Basic Resources and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.44%, while the MDAX index lost 0.74%, and the TecDAX index declined 0.36%.

The best performers of the session on the DAX were Lufthansa AG VNA O.N. (DE:LHAG), which rose 4.96% or 0.464 points to trade at 9.814 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.76% or 0.235 points to end at 13.595 and E.ON SE NA (DE:EONGn) was up 1.72% or 0.111 points to 6.583 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 2.25% or 0.365 points to trade at 15.850 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.56% or 0.195 points to end at 12.305 and Vonovia SE (DE:VNAn) was down 1.49% or 0.48 points to 31.66.

The top performers on the MDAX were Hugo Boss AG NA O.N. (DE:BOSSn) which rose 2.91% to 50.420, Fraport AG (DE:FRAG) which was up 2.15% to settle at 49.830 and Wacker Chemie O.N. (DE:WCHG) which gained 1.73% to close at 78.640.

The worst performers were Gerresheimer AG (DE:GXId) which was down 3.98% to 71.180 in late trade, Kuka AG (DE:KU2G) which lost 3.68% to settle at 82.500 and Salzgitter AG (DE:SZGG) which was down 3.50% to 31.140 at the close.

The top performers on the TecDAX were STRATEC Biomedical AG (DE:SBSG) which rose 1.91% to 55.090, Sartorius AG VZO O.N. (DE:SATG_p) which was up 1.70% to settle at 77.900 and Jenoptik AG (DE:JENG) which gained 1.68% to close at 16.300.

The worst performers were Siltronic AG (DE:WAFGn) which was down 3.61% to 24.990 in late trade, Nordex SE O.N. (DE:NDXG) which lost 2.63% to settle at 25.365 and Suess Microtec NA O.N. (DE:SMHNn) which was down 2.49% to 6.514 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 514 to 361 and 21 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.06% to 19.16.

Gold for December delivery was down 0.15% or 1.85 to $1258.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.46% or 0.75 to hit $50.60 a barrel, while the December Brent oil contract fell 1.58% or 0.84 to trade at $52.30 a barrel.

EUR/USD was down 0.67% to 1.1061, while EUR/GBP rose 0.44% to 0.9047.

The US Dollar Index was up 0.65% at 97.54.

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