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Germany stocks lower at close of trade; DAX down 0.22%

Published 08/17/2018, 12:15 PM
Updated 08/17/2018, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.22%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction, Technology and Basic Resources sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.22%, while the MDAX index fell 0.20%, and the TecDAX index lost 0.25%.

The best performers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 1.75% or 1.35 points to trade at 78.40 at the close. Meanwhile, E.ON SE NA (DE:EONGn) added 0.93% or 0.088 points to end at 9.520 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 0.59% or 0.180 points to 30.750 in late trade.

The worst performers of the session were Heidelbergcement AG O.N. (DE:HEIG), which fell 2.62% or 1.840 points to trade at 68.500 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 1.78% or 0.350 points to end at 19.330 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.26% or 0.125 points to 9.758.

The top performers on the MDAX were Rocket Internet (DE:RKET) which rose 2.16% to 29.30, Uniper SE (DE:UN01) which was up 1.98% to settle at 25.300 and Rheinmetall AG (DE:RHMG) which gained 1.76% to close at 95.820.

The worst performers were Metro Wholesale & Food Specialist AG (DE:B4B) which was down 3.97% to 11.6050 in late trade, Aareal Bank AG (DE:ARLG) which lost 2.58% to settle at 35.450 and K+S AG NA O.N. (DE:SDFGn) which was down 2.04% to 19.185 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 1.87% to 30.500, Wirecard AG (DE:WDIG) which was up 1.48% to settle at 178.800 and Drillisch AG (DE:DRIG) which gained 0.97% to close at 45.620.

The worst performers were Siltronic AG (DE:WAFGn) which was down 3.94% to 118.150 in late trade, S&T AG (DE:SANT1) which lost 3.85% to settle at 24.00 and Freenet AG NA (DE:FNTGn) which was down 3.15% to 23.640 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 424 to 277 and 78 ended unchanged.

Shares in Heidelbergcement AG O.N. (DE:HEIG) fell to 52-week lows; down 2.62% or 1.840 to 68.500. Shares in Thyssenkrupp AG O.N. (DE:TKAG) fell to 52-week lows; down 1.78% or 0.350 to 19.330. Shares in Wirecard AG (DE:WDIG) rose to all time highs; up 1.48% or 2.600 to 178.800.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.52% to 17.95.

Gold Futures for December delivery was up 0.14% or 1.60 to $1185.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.52% or 0.34 to hit $65.80 a barrel, while the October Brent oil contract rose 0.45% or 0.32 to trade at $71.75 a barrel.

EUR/USD was up 0.32% to 1.1414, while EUR/GBP rose 0.15% to 0.8960.

The US Dollar Index Futures was down 0.34% at 96.15.

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