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Germany stocks lower at close of trade; DAX down 0.46%

Published 10/25/2017, 12:15 PM
Updated 10/25/2017, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.46%

Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Utilities, Basic Resources and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.46%, while the MDAX index lost 0.49%, and the TecDAX index lost 0.75%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 3.67% or 0.960 points to trade at 27.145 at the close. Meanwhile, BASF SE NA O.N. (DE:BASFN) added 1.04% or 0.940 points to end at 91.050 and Commerzbank AG O.N. (DE:CBKG) was up 0.37% or 0.045 points to 12.160 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 3.19% or 0.680 points to trade at 20.620 at the close. E.ON SE NA (DE:EONGn) declined 2.29% or 0.230 points to end at 9.795 and Thyssenkrupp AG O.N. (DE:TKAG) was down 2.19% or 0.515 points to 22.985.

The top performers on the MDAX were Metro AG (DE:MEOG) which rose 5.70% to 11.225, Wacker Chemie O.N. (DE:WCHG) which was up 2.08% to settle at 124.95 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 1.26% to close at 76.870.

The worst performers were Innogy SE (DE:IGY) which was down 3.64% to 38.520 in late trade, Steinhoff International Holdings NV (DE:SNHG) which lost 3.64% to settle at 3.65 and Aurubis AG (DE:NAFG) which was down 3.07% to 67.600 at the close.

The top performers on the TecDAX were S&T AG (F:SANT1) which rose 4.46% to 16.400, CompuGroup Medical AG O.N. (DE:COPMa) which was up 4.01% to settle at 48.525 and Nemetschek AG O.N. (DE:NEKG) which gained 1.88% to close at 76.850.

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The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 3.10% to 4.373 in late trade, GFT Technologies AG (DE:GFTG) which lost 2.87% to settle at 13.185 and Medigene NA O.N. (DE:MDG1k) which was down 2.40% to 12.825 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 513 to 242 and 33 ended unchanged.

Shares in Deutsche Lufthansa AG (DE:LHAG) rose to all time highs; rising 3.67% or 0.960 to 27.145. Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; gaining 0.37% or 0.045 to 12.160. Shares in Metro AG (DE:MEOG) rose to 52-week highs; gaining 5.70% or 0.605 to 11.225. Shares in Wacker Chemie O.N. (DE:WCHG) rose to 5-year highs; gaining 2.08% or 2.55 to 124.95. Shares in GFT Technologies AG (DE:GFTG) fell to 52-week lows; down 2.87% or 0.390 to 13.185.

The DAX volatility index, which measures the implied volatility of DAX options, was up 12.34% to 14.09 a new 1-month high.

Gold Futures for December delivery was up 0.13% or 1.62 to $1279.92 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.88% or 0.46 to hit $52.01 a barrel, while the December Brent oil contract fell 0.53% or 0.31 to trade at $58.02 a barrel.

EUR/USD was up 0.41% to 1.1809, while EUR/GBP fell 0.57% to 0.8905.

The US Dollar Index Futures was down 0.31% at 93.54.

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