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 1.02%

Published 04/25/2018, 12:15 PM
Updated 04/25/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.02%

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

At the close in Frankfurt, the DAX declined 1.02%, while the MDAX index declined 1.81%, and the TecDAX index lost 2.29%.

The best performers of the session on the DAX were Linde AG O.N. (DE:LING), which rose 6.07% or 10.03 points to trade at 175.18 at the close. Meanwhile, Henkel & Co KGaA AG Pref (DE:HNKG_p) added 0.39% or 0.40 points to end at 102.70 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 0.05% or 0.010 points to 21.230 in late trade.

The worst performers of the session were Deutsche Lufthansa AG (DE:LHAG), which fell 3.36% or 0.890 points to trade at 25.610 at the close. BASF SE NA O.N. (DE:BASFN) declined 2.29% or 1.980 points to end at 84.420 and Thyssenkrupp AG O.N. (DE:TKAG) was down 2.25% or 0.510 points to 22.180.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which unchanged 0.07% to 0.15, Suedzucker AG (DE:SZUG) which was up 0.82% to settle at 13.550 and Tag Immobilien AG (DE:TEGG) which gained 0.70% to close at 17.150.

The worst performers were Osram Licht AG (F:OSRn) which was down 8.00% to 48.300 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 4.71% to settle at 143.70 and Salzgitter AG (DE:SZGG) which was down 4.42% to 44.560 at the close.

The top performers on the TecDAX were Drillisch AG (DE:DRIG) which rose 0.94% to 58.850, GFT Technologies AG (DE:GFTG) which was up 0.83% to settle at 13.430 and Carl Zeiss Meditec AG (DE:AFXG) which gained 0.27% to close at 54.750.

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

The worst performers were Aixtron SE (DE:AIXGn) which was down 6.09% to 14.707 in late trade, Siltronic AG (DE:WAFGn) which lost 5.38% to settle at 132.700 and Xing AG (DE:OBCGn) which was down 5.17% to 247.50 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 517 to 175 and 79 ended unchanged.

Shares in Steinhoff International Holdings NV (DE:SNHG) unchanged to all time lows; unchanged 0.07% or 0.00 to 0.15. Shares in Osram Licht AG (F:OSRn) fell to 52-week lows; falling 8.00% or 4.200 to 48.300. Shares in Carl Zeiss Meditec AG (DE:AFXG) rose to all time highs; up 0.27% or 0.150 to 54.750.

The DAX volatility index, which measures the implied volatility of DAX options, was up 9.54% to 16.49.

Gold Futures for June delivery was down 0.75% or 10.00 to $1323.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.04% or 0.03 to hit $67.67 a barrel, while the June Brent oil contract fell 0.54% or 0.40 to trade at $73.46 a barrel.

EUR/USD was down 0.50% to 1.2172, while EUR/GBP fell 0.21% to 0.8733.

The US Dollar Index Futures was up 0.46% at 90.98.

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.