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Germany stocks lower at close of trade; DAX down 0.01%

Published 03/27/2019, 02:15 PM
Updated 03/27/2019, 02:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.01%

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

At the close in Frankfurt, the DAX lost 0.01%, while the MDAX index fell 0.47%, and the TecDAX index fell 1.26%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 2.86% or 0.209 points to trade at 7.514 at the close. Meanwhile, Covestro AG (DE:1COV) added 2.25% or 1.060 points to end at 48.070 and Daimler AG NA O.N. (DE:DAIGn) was up 1.91% or 0.960 points to 51.350 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 5.87% or 1.100 points to trade at 17.655 at the close. Continental AG O.N. (DE:CONG) declined 1.46% or 2.00 points to end at 134.55 and Bayer AG NA (DE:BAYGN) was down 1.30% or 0.74 points to 56.33.

The top performers on the MDAX were Commerzbank AG O.N. (DE:CBKG) which rose 4.97% to 7.143, Stroeer SE (DE:SAXG) which was up 3.64% to settle at 51.300 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 3.05% to close at 28.340.

The worst performers were Siltronic AG (DE:WAFGn) which was down 5.19% to 76.060 in late trade, Delivery Hero AG (DE:DHER) which lost 4.26% to settle at 31.92 and Morphosys AG O.N. (DE:MORG) which was down 2.68% to 81.5500 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 10.30% to 14.570, Carl Zeiss Meditec AG (DE:AFXG) which was up 0.51% to settle at 78.650 and S&T AG (DE:SANT1) which gained 0.19% to close at 21.62.

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The worst performers were Infineon Technologies AG NA O.N. (DE:IFXGn) which was down 5.87% to 17.655 in late trade, Siltronic AG (DE:WAFGn) which lost 5.19% to settle at 76.060 and Dialog Semiconductor (DE:DLGS) which was down 4.59% to 26.2000 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 356 to 347 and 75 ended unchanged.

Shares in Bayer AG NA (DE:BAYGN) fell to 5-year lows; falling 1.30% or 0.74 to 56.33. Shares in Nordex SE O.N. (DE:NDXG) rose to 52-week highs; gaining 10.30% or 1.360 to 14.570.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.45% to 16.74.

Gold Futures for June delivery was down 0.40% or 5.35 to $1316.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.88% or 0.53 to hit $59.41 a barrel, while the June Brent oil contract fell 0.13% or 0.09 to trade at $67.34 a barrel.

EUR/USD was down 0.06% to 1.1257, while EUR/GBP fell 0.22% to 0.8507.

The US Dollar Index Futures was up 0.14% at 96.355.

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