Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Germany stocks lower at close of trade; DAX down 0.78%

Published 01/10/2018, 12:15 PM
Updated 01/10/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.78%

© Reuters. Germany stocks lower at close of trade; DAX down 0.78%

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

At the close in Frankfurt, the DAX declined 0.78%, while the MDAX index lost 0.64%, and the TecDAX index lost 1.35%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 5.14% or 0.648 points to trade at 13.258 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.96% or 0.448 points to end at 15.558 and Deutsche Lufthansa AG (DE:LHAG) was up 2.09% or 0.630 points to 30.730 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 3.54% or 8.90 points to trade at 242.40 at the close. Prosiebensat 1 Media AG (DE:PSMGn) declined 3.33% or 0.980 points to end at 28.450 and Vonovia SE (DE:VNAn) was down 2.67% or 1.13 points to 41.22.

The top performers on the MDAX were Airbus Group SE (F:AIRG) which rose 3.25% to 89.800, Deutsche Pfandbriefbank AG (DE:PBBG) which was up 1.94% to settle at 14.20 and Salzgitter AG (DE:SZGG) which gained 1.34% to close at 51.500.

The worst performers were Deutsche Wohnen AG (DE:DWNG) which was down 2.98% to 36.790 in late trade, Suedzucker AG (DE:SZUG) which lost 2.74% to settle at 16.865 and Symrise AG Inh. O.N. (DE:SY1G) which was down 2.51% to 70.000 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 6.20% to 10.870, RIB Software AG Na (DE:RIB) which was up 3.88% to settle at 27.340 and Pfeiffer Vacuum Technology O.N. (DE:PV) which gained 2.64% to close at 163.00.

The worst performers were Cancom SE O.N. (DE:COKG) which was down 2.93% to 72.900 in late trade, Jenoptik AG (DE:JENG) which lost 2.78% to settle at 28.720 and Aixtron SE (DE:AIXGn) which was down 2.78% to 12.075 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 478 to 259 and 80 ended unchanged.

Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; up 5.14% or 0.648 to 13.258. Shares in Airbus Group SE (F:AIRG) rose to all time highs; rising 3.25% or 2.830 to 89.800. Shares in Deutsche Pfandbriefbank AG (DE:PBBG) rose to all time highs; rising 1.94% or 0.27 to 14.20. Shares in Salzgitter AG (DE:SZGG) rose to 5-year highs; gaining 1.34% or 0.680 to 51.500. Shares in RIB Software AG Na (DE:RIB) rose to all time highs; up 3.88% or 1.020 to 27.340.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.21% to 12.63.

Gold Futures for February delivery was up 0.34% or 4.50 to $1318.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.54% or 0.34 to hit $63.30 a barrel, while the March Brent oil contract rose 0.15% or 0.10 to trade at $68.92 a barrel.

EUR/USD was up 0.14% to 1.1953, while EUR/GBP rose 0.36% to 0.8848.

The US Dollar Index Futures was down 0.20% at 92.05.

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.