Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Germany stocks lower at close of trade; DAX down 1.30%

Published 08/17/2016, 12:15 PM
Updated 08/17/2016, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.30%

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

At the close in Frankfurt, the DAX declined 1.30%, while the MDAX index fell 0.96%, and the TecDAX index lost 1.77%.

The best performers of the session on the DAX were Deutsche Boerse AG (DE:DB1Gn), which rose 1.11% or 0.830 points to trade at 75.670 at the close. Meanwhile, Adidas AG NA O.N. (DE:ADSGN) added 0.19% or 0.300 points to end at 156.100 and SAP SE (DE:SAPG) was down 0.37% or 0.290 points to 77.700 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 3.64% or 0.310 points to trade at 8.200 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 3.04% or 0.385 points to end at 12.285 and Linde AG O.N. (DE:LING) was down 2.94% or 4.550 points to 150.250.

The top performers on the MDAX were Covestro AG (DE:1COV) which rose 1.07% to 45.425, Leoni AG (DE:LEOGn) which was up 0.84% to settle at 33.575 and Kuka AG (DE:KU2G) which gained 0.83% to close at 102.850.

The worst performers were Bilfinger SE O.N. (DE:GBFG) which was down 4.08% to 26.700 in late trade, Zalando SE (DE:ZALG) which lost 2.75% to settle at 35.30 and Airbus Group SE (F:AIRG) which was down 2.23% to 50.530 at the close.

The top performers on the TecDAX were Slm Solution G (DE:AM3D) which rose 2.04% to 27.28, Dialog Semiconductor (DE:DLGS) which was up 0.70% to settle at 31.660 and Siltronic AG (DE:WAFGn) which gained 0.50% to close at 16.085.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were United Internet AG NA (DE:UTDI) which was down 5.61% to 35.480 in late trade, Drillisch AG (DE:DRIG) which lost 3.91% to settle at 39.190 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 3.84% to 61.300 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 678 to 206 and 17 ended unchanged.

Shares in United Internet AG NA (DE:UTDI) fell to 52-week lows; down 5.61% or 2.110 to 35.480.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 17.92.

Gold for December delivery was down 0.47% or 6.35 to $1350.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.41% or 0.19 to hit $46.39 a barrel, while the October Brent oil contract rose 0.51% or 0.25 to trade at $49.48 a barrel.

EUR/USD was down 0.12% to 1.1265, while EUR/GBP rose 0.17% to 0.8660.

The US Dollar Index was up 0.14% at 94.88.

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.