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Germany stocks lower at close of trade; DAX down 0.15%

Published 06/07/2018, 12:15 PM
Updated 06/07/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.15%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Food & Beverages, Consumer & Cyclical and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.15%, while the MDAX index lost 0.41%, and the TecDAX index fell 0.94%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 1.32% or 0.123 points to trade at 9.476 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) added 1.14% or 0.780 points to end at 69.300 and Thyssenkrupp AG O.N. (DE:TKAG) was up 0.72% or 0.170 points to 23.890 in late trade.

The worst performers of the session were Adidas AG (DE:ADSGN), which fell 2.56% or 5.20 points to trade at 198.20 at the close. Vonovia SE (DE:VNAn) declined 1.60% or 0.65 points to end at 40.05 and Linde AG 1 (DE:LIN1) was down 1.31% or 2.6500 points to 199.5500.

The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 4.34% to 93.180, Krones AG O.N. (DE:KRNG) which was up 4.17% to settle at 117.400 and Rocket Internet (DE:RKET) which gained 1.61% to close at 25.32.

The worst performers were Wacker Chemie O.N. (DE:WCHG) which was down 4.69% to 123.00 in late trade, Tag Immobilien AG (DE:TEGG) which lost 2.08% to settle at 17.920 and Hugo Boss AG NA O.N. (DE:BOSSn) which was down 1.76% to 78.080 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 2.00% to 6.375, Nordex SE O.N. (DE:NDXG) which was up 1.85% to settle at 11.315 and Wirecard AG (DE:WDIG) which gained 0.94% to close at 139.450.

The worst performers were Bechtle AG (DE:BC8G) which was down 7.33% to 72.050 in late trade, RIB Software AG Na (DE:RIB) which lost 5.23% to settle at 20.660 and GFT Technologies AG (DE:GFTG) which was down 4.47% to 13.880 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 360 to 331 and 89 ended unchanged.

Shares in Wirecard AG (DE:WDIG) rose to all time highs; rising 0.94% or 1.300 to 139.450.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.70% to 15.38.

Gold Futures for August delivery was up 0.01% or 0.10 to $1301.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.58% or 1.02 to hit $65.75 a barrel, while the August Brent oil contract rose 1.92% or 1.45 to trade at $76.81 a barrel.

EUR/USD was up 0.36% to 1.1816, while EUR/GBP rose 0.17% to 0.8794.

The US Dollar Index Futures was down 0.26% at 93.37.

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