Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Germany stocks lower at close of trade; DAX down 0.83%

Published 04/11/2018, 12:15 PM
Updated 04/11/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.83%

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

At the close in Frankfurt, the DAX fell 0.83%, while the MDAX index declined 0.79%, and the TecDAX index declined 0.19%.

The best performers of the session on the DAX were Deutsche Telekom AG Na (DE:DTEGn), which rose 2.18% or 0.295 points to trade at 13.850 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 0.92% or 1.58 points to end at 173.16 and Prosiebensat 1 Media AG (DE:PSMGn) was up 0.51% or 0.150 points to 29.690 in late trade.

The worst performers of the session were Commerzbank AG O.N. (DE:CBKG), which fell 2.65% or 0.290 points to trade at 10.648 at the close. Deutsche Boerse AG (DE:DB1Gn) declined 2.58% or 2.950 points to end at 111.550 and Deutsche Lufthansa AG (DE:LHAG) was down 2.57% or 0.690 points to 26.190.

The top performers on the MDAX were Jungheinrich AG O.N.VZO (DE:JUNG_p) which rose 1.48% to 35.640, Suedzucker AG (DE:SZUG) which was up 1.46% to settle at 13.865 and Talanx AG NA O.N. (DE:TLXGn) which gained 0.66% to close at 36.500.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 5.88% to 0.16 in late trade, Airbus Group SE (F:AIRG) which lost 2.83% to settle at 92.410 and Covestro AG (DE:1COV) which was down 2.75% to 79.120 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE:COKG) which rose 5.56% to 95.000, SLM Solutions Group AG (DE:AM3D) which was up 4.13% to settle at 32.75 and Jenoptik AG (DE:JENG) which gained 2.59% to close at 29.300.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were RIB Software AG Na (DE:RIB) which was down 4.94% to 19.620 in late trade, S&T AG (F:SANT1) which lost 3.93% to settle at 19.560 and Siltronic AG (DE:WAFGn) which was down 3.69% to 142.200 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 453 to 239 and 83 ended unchanged.

Shares in Steinhoff International Holdings NV (DE:SNHG) fell to all time lows; down 5.88% or 0.01 to 0.16. Shares in Cancom SE O.N. (DE:COKG) rose to all time highs; gaining 5.56% or 5.000 to 95.000.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.63% to 19.07.

Gold Futures for June delivery was up 1.46% or 19.60 to $1365.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.37% or 1.55 to hit $67.06 a barrel, while the June Brent oil contract rose 1.98% or 1.41 to trade at $72.45 a barrel.

EUR/USD was up 0.22% to 1.2382, while EUR/GBP rose 0.05% to 0.8720.

The US Dollar Index Futures was down 0.20% at 89.14.

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.