Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Germany stocks lower at close of trade; DAX down 1.35%

Published 12/02/2021, 12:15 PM
Updated 12/02/2021, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.35%

© Reuters. Germany stocks lower at close of trade; DAX down 1.35%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Retail, Technology and Media sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.35%, while the MDAX index declined 1.62%, and the TecDAX index declined 2.66%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 1.60% or 0.78 points to trade at 49.63 at the close. Meanwhile, Heidelbergcement AG O.N. (DE:HEIG) added 0.65% or 0.390 points to end at 60.410 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 0.55% or 0.060 points to 10.950 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 7.21% or 8.35 points to trade at 107.40 at the close. Zalando SE (DE:ZALG) declined 4.56% or 3.62 points to end at 75.69 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 3.88% or 1.633 points to 40.420.

The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 7.38% to 38.720, K&S AG (DE:SDFGn) which was up 1.40% to settle at 15.482 and Befesa SA (DE:BFSA) which gained 0.51% to close at 59.50.

The worst performers were Scout24 AG (DE:G24n) which was down 8.80% to 54.100 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 6.58% to settle at 104.400 and TeamViewer AG (DE:TMV) which was down 5.31% to 11.22 at the close.

The top performers on the TecDAX were S&T AG (DE:SANT1) which rose 2.50% to 20.12, Qiagen NV (DE:QIA) which was up 0.18% to settle at 47.980 and Varta AG (DE:VAR1) which lost 0.18% to close at 113.100.

The worst performers were Jenoptik AG (DE:JENGn) which was down 6.65% to 35.100 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 6.58% to settle at 104.400 and SMA Solar Technology AG (DE:S92G) which was down 5.88% to 41.600 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 536 to 170 and 71 ended unchanged.

Shares in Scout24 AG (DE:G24n) fell to 52-week lows; falling 8.80% or 5.220 to 54.100. Shares in TeamViewer AG (DE:TMV) fell to all time lows; losing 5.31% or 0.63 to 11.22.

The DAX volatility index, which measures the implied volatility of DAX options, was up 11.87% to 27.04.

Gold Futures for February delivery was down 1.05% or 18.65 to $1765.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.77% or 1.16 to hit $66.73 a barrel, while the February Brent oil contract rose 1.47% or 1.01 to trade at $69.88 a barrel.

EUR/USD was down 0.11% to 1.1307, while EUR/GBP fell 0.36% to 0.8491.

The US Dollar Index Futures was up 0.06% at 96.085.

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.