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Germany stocks lower at close of trade; DAX down 0.38%

Published 12/06/2017, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.38%

Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Consumer & Cyclical, Transportation & Logistics and Technology sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.38%, while the MDAX index fell 2.23%, and the TecDAX index declined 0.64%.

The best performers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 2.93% or 0.790 points to trade at 27.740 at the close. Meanwhile, Deutsche Boerse AG (DE:DB1Gn) added 1.03% or 1.000 points to end at 97.900 and Adidas AG (DE:ADSGN) was up 1.01% or 1.80 points to 179.25 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 2.84% or 4.85 points to trade at 165.90 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 2.70% or 1.100 points to end at 39.600 and Commerzbank AG O.N. (DE:CBKG) was down 2.22% or 0.275 points to 12.090.

The top performers on the MDAX were Fraport AG (DE:FRAG) which rose 3.77% to 88.130, Metro AG (DE:MEOG) which was up 2.62% to settle at 11.740 and Evonik Industries AG (DE:EVKn) which gained 1.81% to close at 32.835.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 63.13% to 1.10 in late trade, Schaeffler AG Pref (DE:SHA_p) which lost 2.67% to settle at 14.24 and Leoni AG (DE:LEOGn) which was down 1.92% to 60.300 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 2.03% to 4.129, Nordex SE O.N. (DE:NDXG) which was up 1.40% to settle at 7.631 and Xing AG (DE:OBCGn) which gained 1.35% to close at 259.55.

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The worst performers were Siltronic AG (DE:WAFGn) which was down 4.53% to 114.750 in late trade, Slm Solution G (DE:AM3D) which lost 3.85% to settle at 45.49 and Evotec AG O.N. (DE:EVTG) which was down 3.62% to 11.595 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 461 to 289 and 35 ended unchanged.

Shares in Deutsche Boerse AG (DE:DB1Gn) rose to 5-year highs; up 1.03% or 1.000 to 97.900. Shares in Fraport AG (DE:FRAG) rose to all time highs; gaining 3.77% or 3.200 to 88.130. Shares in Steinhoff International Holdings NV (DE:SNHG) fell to all time lows; down 63.13% or 1.89 to 1.10. Shares in Metro AG (DE:MEOG) rose to 52-week highs; gaining 2.62% or 0.300 to 11.740. Shares in Evonik Industries AG (DE:EVKn) rose to 52-week highs; rising 1.81% or 0.585 to 32.835.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.59% to 14.67.

Gold Futures for February delivery was up 0.13% or 1.70 to $1266.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.52% or 1.45 to hit $56.17 a barrel, while the February Brent oil contract fell 2.16% or 1.36 to trade at $61.50 a barrel.

EUR/USD was down 0.32% to 1.1787, while EUR/GBP rose 0.20% to 0.8815.

The US Dollar Index Futures was up 0.35% at 93.60.

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