Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks lower at close of trade; DAX down 0.23%

Published 06/06/2019, 01:15 PM
Updated 06/06/2019, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.23%

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

At the close in Frankfurt, the DAX lost 0.23%, while the MDAX index declined 0.88%, and the TecDAX index declined 0.44%.

The best performers of the session on the DAX were Linde PLC (DE:LINI), which rose 2.12% or 3.600 points to trade at 173.700 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.94% or 0.440 points to end at 23.070 and E.ON SE NA (DE:EONGn) was up 1.69% or 0.162 points to 9.755 in late trade.

The worst performers of the session were Vonovia SE (DE:VNAn), which fell 4.67% or 2.23 points to trade at 45.49 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 2.93% or 0.180 points to end at 5.958 and Wirecard AG (DE:WDIG) was down 2.52% or 3.750 points to 145.050.

The top performers on the MDAX were Siemens Healthineers AG (DE:SHLG) which rose 1.19% to 35.82, Scout24 AG (DE:G24n) which was up 1.18% to settle at 44.620 and Dialog Semiconductor (DE:DLGS) which gained 1.16% to close at 28.810.

The worst performers were Deutsche Wohnen AG (DE:DWNG) which was down 7.73% to 39.150 in late trade, Tag Immobilien AG (DE:TEGG) which lost 3.28% to settle at 20.660 and Grand City Properties SA (DE:GYC) which was down 3.23% to 22.74 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 4.65% to 10.80, Siemens Healthineers AG (DE:SHLG) which was up 1.19% to settle at 35.82 and Dialog Semiconductor (DE:DLGS) which gained 1.16% to close at 28.8100.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 4.78% to 22.320 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.61% to settle at 12.280 and Wirecard AG (DE:WDIG) which was down 2.52% to 145.050 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 382 to 317 and 75 ended unchanged.

Shares in Linde PLC (DE:LINI) rose to all time highs; rising 2.12% or 3.600 to 173.700. Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) fell to 5-year lows; down 2.93% or 0.180 to 5.958.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.46% to 16.25.

Gold Futures for August delivery was up 0.67% or 8.95 to $1342.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.25% or 0.13 to hit $51.55 a barrel, while the August Brent oil contract fell 0.12% or 0.07 to trade at $60.56 a barrel.

EUR/USD was up 0.65% to 1.1292, while EUR/GBP rose 0.50% to 0.8886.

The US Dollar Index Futures was down 0.43% at 96.828.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.