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Germany stocks lower at close of trade; DAX down 0.33%

Published 08/31/2021, 12:15 PM
Updated 08/31/2021, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.33%

Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Telecoms, Technology and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.33%, while the MDAX index fell 0.87%, and the TecDAX index fell 1.17%.

The best performers of the session on the DAX were Delivery Hero AG (DE:DHER), which rose 3.63% or 4.30 points to trade at 122.60 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 1.57% or 1.245 points to end at 80.400 and RWE AG ST O.N. (DE:RWEG) was up 1.33% or 0.435 points to 33.055 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 3.14% or 1.780 points to trade at 54.900 at the close. Deutsche Boerse AG (DE:DB1Gn) declined 2.44% or 3.650 points to end at 145.750 and Deutsche Telekom AG Na (DE:DTEGn) was down 2.12% or 0.390 points to 18.005.

The top performers on the MDAX were Morphosys AG O.N. (DE:MORG) which rose 4.68% to 49.080, Varta AG (DE:VAR1) which was up 3.25% to settle at 135.000 and Prosiebensat 1 Media AG (DE:PSMGn) which gained 2.12% to close at 16.1650.

The worst performers were Aixtron SE (DE:AIXGn) which was down 6.51% to 24.345 in late trade, AUTO1 Group SE (DE:AG1G) which lost 5.71% to settle at 36.85 and TeamViewer AG (DE:TMV) which was down 4.08% to 28.21 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 4.68% to 49.080, Varta AG (DE:VAR1) which was up 3.25% to settle at 135.000 and LPKF Laser & Electronics (DE:LPKG) which gained 0.85% to close at 21.420.

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The worst performers were Aixtron SE (DE:AIXGn) which was down 6.51% to 24.345 in late trade, TeamViewer AG (DE:TMV) which lost 4.08% to settle at 28.21 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 2.46% to 71.500 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 417 to 287 and 68 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 6.96% to 18.28.

Gold Futures for December delivery was down 0.01% or 0.20 to $1812.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.59% or 0.41 to hit $68.80 a barrel, while the November Brent oil contract fell 0.42% or 0.30 to trade at $71.93 a barrel.

EUR/USD was up 0.08% to 1.1805, while EUR/GBP rose 0.19% to 0.8587.

The US Dollar Index Futures was up 0.05% at 92.698.

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