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Germany stocks lower at close of trade; DAX down 0.26%

Published 07/04/2018, 12:15 PM
Updated 07/04/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.26%

Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Technology, Food & Beverages and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.26%, while the MDAX index declined 0.82%, and the TecDAX index fell 0.26%.

The best performers of the session on the DAX were E.ON SE NA (DE:EONGn), which rose 2.33% or 0.221 points to trade at 9.700 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.80% or 0.370 points to end at 20.920 and Deutsche Telekom AG Na (DE:DTEGn) was up 1.48% or 0.200 points to 13.740 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (DE:FMEG), which fell 4.12% or 3.540 points to trade at 82.380 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 1.87% or 0.400 points to end at 20.940 and Covestro AG (DE:1COV) was down 1.66% or 1.240 points to 73.500.

The top performers on the MDAX were Delivery Hero AG (DE:DHER) which rose 1.20% to 47.30, Rocket Internet (DE:RKET) which was up 1.15% to settle at 28.14 and Hannover Rueck SE (DE:HNRGn) which gained 1.03% to close at 107.90.

The worst performers were CTS Eventim AG (DE:EVDG) which was down 6.70% to 39.000 in late trade, Norma Group AG NA O.N. (DE:NOEJ) which lost 4.06% to settle at 56.700 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 4.01% to 30.200 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 8.26% to 9.590, Freenet AG NA (DE:FNTGn) which was up 2.49% to settle at 23.450 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 2.40% to close at 45.140.

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The worst performers were Siltronic AG (DE:WAFGn) which was down 7.02% to 115.200 in late trade, Isra Vision O.N. (DE:ISRG) which lost 4.88% to settle at 54.60 and Xing AG (DE:OBCGn) which was down 3.32% to 277.00 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 414 to 293 and 69 ended unchanged.

Shares in Delivery Hero AG (DE:DHER) rose to all time highs; gaining 1.20% or 0.56 to 47.30. Shares in Rocket Internet (DE:RKET) rose to 52-week highs; up 1.15% or 0.32 to 28.14. Shares in Jungheinrich AG O.N.VZO (DE:JUNG_p) fell to 52-week lows; falling 4.01% or 1.260 to 30.200.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.77% to 17.50.

Gold Futures for August delivery was up 0.30% or 3.70 to $1257.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August unchanged 0.00% or 0.00 to hit $74.14 a barrel, while the September Brent oil contract rose 0.23% or 0.18 to trade at $77.94 a barrel.

EUR/USD was down 0.15% to 1.1641, while EUR/GBP fell 0.31% to 0.8807.

The US Dollar Index Futures was up 0.06% at 94.38.

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