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Germany stocks lower at close of trade; DAX down 0.35%

Published 06/08/2018, 12:15 PM
Updated 06/08/2018, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.35%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Transportation & Logistics, Basic Resources and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.35%, while the MDAX index declined 0.14%, and the TecDAX index declined 0.37%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 1.50% or 0.60 points to trade at 40.65 at the close. Meanwhile, Henkel & Co KGaA AG Pref (DE:HNKG_p) added 0.94% or 1.00 points to end at 107.30 and Beiersdorf AG O.N. (DE:BEIG) was up 0.86% or 0.840 points to 98.000 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (DE:DPWGn), which fell 4.65% or 1.520 points to trade at 31.170 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 2.46% or 0.580 points to end at 22.990 and Fresenius SE & Co KGAA O.N. (DE:FREG) was down 2.22% or 1.540 points to 67.760.

The top performers on the MDAX were Deutsche Wohnen AG (DE:DWNG) which rose 1.50% to 40.500, Airbus Group SE (DE:AIRG) which was up 1.22% to settle at 100.90 and Krones AG O.N. (DE:KRNG) which gained 1.19% to close at 118.800.

The worst performers were Metro AG (DE:MEOG) which was down 3.55% to 8.428 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 3.54% to settle at 118.65 and Aurubis AG (DE:NAFG) which was down 2.89% to 69.800 at the close.

The top performers on the TecDAX were Xing AG (DE:OBCGn) which rose 2.37% to 281.00, Wirecard AG (DE:WDIG) which was up 1.83% to settle at 142.000 and S&T AG (F:SANT1) which gained 1.79% to close at 19.860.

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The worst performers were Siltronic AG (DE:WAFGn) which was down 5.10% to 140.450 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 4.55% to settle at 13.000 and Dialog Semiconductor (DE:DLGS) which was down 4.01% to 15.065 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 399 to 303 and 82 ended unchanged.

Shares in Deutsche Post AG NA O.N. (DE:DPWGn) fell to 52-week lows; down 4.65% or 1.520 to 31.170. Shares in Airbus Group SE (DE:AIRG) rose to all time highs; up 1.22% or 1.22 to 100.90. Shares in Wirecard AG (DE:WDIG) rose to all time highs; rising 1.83% or 2.550 to 142.000. Shares in Dialog Semiconductor (DE:DLGS) fell to 3-years lows; down 4.01% or 0.630 to 15.065.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.74% to 15.80.

Gold Futures for August delivery was down 0.02% or 0.20 to $1302.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.59% or 0.39 to hit $65.56 a barrel, while the August Brent oil contract fell 1.06% or 0.82 to trade at $76.50 a barrel.

EUR/USD was down 0.23% to 1.1772, while EUR/GBP fell 0.09% to 0.8782.

The US Dollar Index Futures was up 0.13% at 93.55.

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