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Germany stocks lower at close of trade; DAX down 1.89%

Published 04/28/2015, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.89%

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

At the close in Frankfurt, the DAX fell 1.89%, while the MDAX index declined 1.86%, and the TecDAX index declined 1.79%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (XETRA:TKAG), which rose 0.20% or 0.050 points to trade at 24.980 at the close. Meanwhile, RWE AG ST O.N. (XETRA:RWEG) added 0.09% or 0.020 points to end at 23.090 and Deutsche Boerse NA O.N. (XETRA:DB1Gn) was down 0.25% or 0.190 points to 74.950 in late trade.

The worst performers of the session were Commerzbank AG O.N. (XETRA:CBKG), which fell 5.73% or 0.740 points to trade at 12.175 at the close. Merck KGAA O.N. (XETRA:MRCG) declined 4.43% or 4.700 points to end at 101.400 and Fresenius Medical Care KGAA ST (XETRA:FMEG) was down 3.84% or 3.100 points to 77.590.

The top performers on the MDAX were DMG Mori Seiki AG (XETRA:GILG) which rose 1.27% to 32.300, Salzgitter AG O.N. (XETRA:SZGG) which was up 1.25% to settle at 31.120 and Aurubis AG (XETRA:NAFG) which gained 0.51% to close at 59.650.

The worst performers were Airbus Group (XETRA:AIRG) which was down 4.25% to 62.869 in late trade, Duerr AG O.N. (XETRA:DUEG) which lost 3.82% to settle at 95.770 and Symrise AG Inh. O.N. (XETRA:SY1G) which was down 3.50% to 55.980 at the close.

The top performers on the TecDAX were Software AG O.N. (XETRA:SOWG) which rose 0.91% to 26.500, QSC AG NA O.N. (XETRA:QSCG) which was up 0.22% to settle at 1.834 and Nemetschek AG O.N. (XETRA:NEKG) which gained 0.09% to close at 112.550.

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The worst performers were BB Biotech AG (XETRA:BIONn) which was down 6.56% to 269.100 in late trade, Qiagen NV (XETRA:QGEN) which lost 3.28% to settle at 22.090 and Cancom SE O.N. (XETRA:COKG) which was down 3.17% to 37.905 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 586 to 157 and 31 ended unchanged.

Shares in DMG Mori Seiki AG (XETRA:GILG) rose to all time highs; rising 1.27% or 0.405 to 32.300. Shares in Aurubis AG (XETRA:NAFG) rose to all time highs; rising 0.51% or 0.300 to 59.650.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 20.66.

Gold for June delivery was up 0.82% or 9.90 to $1213.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.02% or 0.01 to hit $57.00 a barrel, while the June Brent oil contract rose 0.18% or 0.12 to trade at $64.94 a barrel.

EUR/USD was up 0.79% to 1.0978, while EUR/GBP rose 0.15% to 0.7161.

The US Dollar Index was down 0.72% at 96.19.

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