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

Published 04/03/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.78%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Technology, Media and Basic Resources sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.78%, while the MDAX index declined 0.99%, and the TecDAX index lost 1.10%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 0.62% or 1.00 points to trade at 162.38 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 0.60% or 0.530 points to end at 88.680 and Thyssenkrupp AG O.N. (DE:TKAG) was up 0.57% or 0.120 points to 21.310 in late trade.

The worst performers of the session were Prosiebensat 1 Media AG (DE:PSMGn), which fell 2.56% or 0.720 points to trade at 27.460 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 2.07% or 0.450 points to end at 21.290 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 1.92% or 2.05 points to 104.80.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 3.08% to 0.23, Aareal Bank AG (DE:ARLG) which was up 0.90% to settle at 39.090 and Wacker Chemie O.N. (DE:WCHG) which gained 0.52% to close at 134.05.

The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 3.91% to 12.30 in late trade, Duerr AG (DE:DUEG) which lost 3.41% to settle at 86.100 and Gerresheimer AG (BS:GXId) which was down 2.84% to 65.900 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 17.76% to 20.360, Cancom SE O.N. (DE:COKG) which was up 6.58% to settle at 89.150 and Nordex SE O.N. (DE:NDXG) which gained 4.84% to close at 7.412.

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The worst performers were Morphosys AG O.N. (DE:MORG) which was down 4.52% to 79.250 in late trade, GFT Technologies AG (DE:GFTG) which lost 4.07% to settle at 12.480 and CompuGroup Medical AG O.N. (DE:COPMa) which was down 3.55% to 42.380 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 485 to 215 and 75 ended unchanged.

Shares in Cancom SE O.N. (DE:COKG) rose to all time highs; up 6.58% or 5.500 to 89.150.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.64% to 19.84.

Gold Futures for June delivery was down 0.82% or 11.00 to $1335.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.52% or 0.33 to hit $63.34 a barrel, while the June Brent oil contract rose 0.44% or 0.30 to trade at $67.94 a barrel.

EUR/USD was down 0.35% to 1.2259, while EUR/GBP fell 0.47% to 0.8719.

The US Dollar Index Futures was up 0.21% at 89.88.

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