Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks lower at close of trade; DAX down 0.94%

Published 10/26/2018, 12:15 PM
Updated 10/26/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.94%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Telecoms, Insurance and Technology sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.94%, while the MDAX index lost 0.79%, and the TecDAX index lost 1.72%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 2.03% or 1.400 points to trade at 70.320 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 0.99% or 0.40 points to end at 40.78 and Bayerische Motoren Werke AG (DE:BMWG) was up 0.70% or 0.520 points to 75.020 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 3.40% or 0.300 points to trade at 8.520 at the close. RWE AG ST O.N. (DE:RWEG) declined 2.63% or 0.465 points to end at 17.245 and Covestro AG (DE:1COV) was down 2.41% or 1.300 points to 52.700.

The top performers on the MDAX were Kion Group AG (DE:KGX) which rose 6.45% to 49.66, Aroundtown Property Holdings PLC (DE:AT1) which was up 1.37% to settle at 7.410 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 1.34% to close at 120.600.

The worst performers were Drillisch AG (DE:DRIG) which was down 10.19% to 35.060 in late trade, Siltronic AG (DE:WAFGn) which lost 6.16% to settle at 73.720 and Nemetschek AG O.N. (DE:NEKG) which was down 5.86% to 110.900 at the close.

The top performers on the TecDAX were Takkt AG O.N. (DE:TTKG) which rose 6.86% to 14.960, Tele Columbus AG (DE:TC1n) which was up 3.02% to settle at 3.25 and Dialog Semiconductor (DE:DLGS) which gained 2.97% to close at 19.7700.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 7.32% to 13.68 in late trade, Sixt AG ST O.N. (DE:SIXG) which lost 5.51% to settle at 86.550 and SMA Solar Technology AG (DE:S92G) which was down 5.47% to 18.310 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 516 to 183 and 74 ended unchanged.

Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) fell to 5-year lows; down 3.40% or 0.300 to 8.520. Shares in Covestro AG (DE:1COV) fell to 52-week lows; losing 2.41% or 1.300 to 52.700. Shares in Drillisch AG (DE:DRIG) fell to 52-week lows; falling 10.19% or 3.980 to 35.060. Shares in Siltronic AG (DE:WAFGn) fell to 52-week lows; losing 6.16% or 4.840 to 73.720. Shares in SLM Solutions Group AG (DE:AM3D) fell to all time lows; losing 7.32% or 1.08 to 13.68.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.29% to 21.17.

Gold Futures for December delivery was up 0.99% or 12.20 to $1241.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.18% or 0.12 to hit $67.45 a barrel, while the December Brent oil contract rose 0.51% or 0.39 to trade at $77.28 a barrel.

EUR/USD was up 0.29% to 1.1407, while EUR/GBP rose 0.14% to 0.8886.

The US Dollar Index Futures was down 0.35% at 96.12.

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.