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Germany stocks lower at close of trade; DAX down 1.15%

Published 08/10/2017, 12:15 PM
Germany stocks lower at close of trade; DAX down 1.15%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Basic Resources, Consumer & Cyclical and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.15% to hit a new 3-months low, while the MDAX index lost 1.05%, and the TecDAX index fell 1.10%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which rose 0.82% or 0.210 points to trade at 25.770 at the close. Meanwhile, Prosiebensat 1 Media AG (DE:PSMGn) added 0.71% or 0.240 points to end at 33.990 and Bayerische Motoren Werke AG (DE:BMWG) was down 0.02% or 0.020 points to 80.050 in late trade.

The worst performers of the session were Henkel & Co KGaA AG Pref (DE:HNKG_p), which fell 4.11% or 4.90 points to trade at 114.45 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 3.09% or 0.460 points to end at 14.420 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was down 2.29% or 4.15 points to 177.35.

The top performers on the MDAX were Stroeer SE (DE:SAXG) which rose 4.71% to 56.860, Leoni AG (DE:LEOGn) which was up 3.90% to settle at 52.480 and Hella KGaA Hueck & Co (DE:HLE) which gained 1.68% to close at 45.27.

The worst performers were Aurubis AG (DE:NAFG) which was down 6.04% to 69.750 in late trade, Hannover Rueck SE (DE:HNRGn) which lost 4.86% to settle at 103.75 and MTU Aero Engines NA O.N. (DE:MTXGn) which was down 3.42% to 119.95 at the close.

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The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 8.64% to 14.145, Siltronic AG (DE:WAFGn) which was up 0.77% to settle at 81.410 and Adva Optical Networking SE (DE:ADAG) which gained 0.58% to close at 6.630.

The worst performers were Slm Solution G (DE:AM3D) which was down 13.83% to 31.71 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 9.98% to settle at 8.868 and Jenoptik AG (DE:JENG) which was down 4.49% to 23.400 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 608 to 160 and 19 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 20.35% to 18.00 a new 3-months high.

Gold Futures for December delivery was up 0.84% or 10.79 to $1290.09 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.67% or 0.33 to hit $49.23 a barrel, while the October Brent oil contract fell 0.27% or 0.14 to trade at $52.56 a barrel.

EUR/USD was down 0.06% to 1.1751, while EUR/GBP rose 0.18% to 0.9058.

The US Dollar Index Futures was down 0.01% at 93.40.

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