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Germany stocks lower at close of trade; DAX down 1.61%

Published 05/20/2019, 01:15 PM
Updated 05/20/2019, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.61%

Investing.com – Germany stocks were lower after the close on Monday, as losses in the Technology, Food & Beverages and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.61%, while the MDAX index fell 1.20%, and the TecDAX index fell 0.99%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 2.72% or 3.800 points to trade at 143.750 at the close. Meanwhile, Deutsche Telekom AG Na (DE:DTEGn) added 0.50% or 0.076 points to end at 15.286 and Vonovia SE (DE:VNAn) was up 0.38% or 0.18 points to 47.44 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 4.80% or 0.862 points to trade at 17.112 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 3.78% or 1.845 points to end at 46.965 and Thyssenkrupp AG O.N. (DE:TKAG) was down 3.12% or 0.390 points to 12.115.

The top performers on the MDAX were Qiagen NV (DE:QIA) which rose 2.92% to 34.5400, Drillisch AG (DE:DRIG) which was up 1.35% to settle at 28.580 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 1.02% to close at 2.869.

The worst performers were Osram Licht AG (DE:OSRn) which was down 5.95% to 27.51 in late trade, Siltronic AG (DE:WAFGn) which lost 5.63% to settle at 68.440 and Commerzbank AG O.N. (DE:CBKG) which was down 4.24% to 7.346 at the close.

The top performers on the TecDAX were Qiagen NV (DE:QIA) which rose 2.92% to 34.540, Wirecard AG (DE:WDIG) which was up 2.72% to settle at 143.750 and Drillisch AG (DE:DRIG) which gained 1.35% to close at 28.580.

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The worst performers were Siltronic AG (DE:WAFGn) which was down 5.63% to 68.440 in late trade, Aixtron SE NA O.N. (DE:AIXGn) which lost 4.84% to settle at 10.1150 and Infineon Technologies AG NA O.N. (DE:IFXGn) which was down 4.80% to 17.112 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 551 to 158 and 69 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 14.22% to 17.75.

Gold Futures for June delivery was up 0.07% or 0.95 to $1276.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.32% or 0.20 to hit $63.12 a barrel, while the July Brent oil contract fell 0.14% or 0.10 to trade at $72.11 a barrel.

EUR/USD was up 0.09% to 1.1166, while EUR/GBP rose 0.09% to 0.8777.

The US Dollar Index Futures was down 0.05% at 97.778.

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