Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Germany stocks lower at close of trade; DAX down 2.02%

Published 02/14/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 2.02%

Investing.com – Germany stocks were lower after the close on Monday, as losses in the Transportation & Logistics, Insurance and Technology sectors led shares lower.

At the close in Frankfurt, the DAX lost 2.02%, while the MDAX index declined 2.01%, and the TecDAX index declined 1.88%.

The best performers of the session on the DAX were Delivery Hero AG (DE:DHER), which rose 5.54% or 2.27 points to trade at 43.27 at the close. Meanwhile, Symrise AG Inh. O.N. (DE:SY1G) added 0.75% or 0.750 points to end at 101.250 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 0.21% or 0.120 points to 57.820 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 3.49% or 0.502 points to trade at 13.896 at the close. Muench. Rueckvers. VNA O.N. (DE:MUVGn) declined 3.37% or 9.15 points to end at 262.60 and BASF SE NA O.N. (DE:BASFN) was down 3.26% or 2.240 points to 66.450.

The top performers on the MDAX were Grand City Properties SA (DE:GYC) which rose 1.99% to 19.44, TeamViewer AG (DE:TMV) which was up 1.71% to settle at 15.17 and Deutsche Wohnen AG (DE:DWNG) which gained 0.69% to close at 36.250.

The worst performers were Thyssenkrupp AG O.N. (DE:TKAG) which was down 7.07% to 8.366 in late trade, Aroundtown Property Holdings PLC (DE:AT1) which lost 4.75% to settle at 5.290 and Gerresheimer AG (DE:GXIG) which was down 4.56% to 74.300 at the close.

The top performers on the TecDAX were TeamViewer AG (DE:TMV) which rose 1.71% to 15.17, Bechtle AG (DE:BC8G) which was up 0.02% to settle at 47.080 and Vantage Towers AG (DE:VTWRn) which lost 0.17% to close at 29.19.

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

The worst performers were Siltronic AG (DE:WAFGn) which was down 4.64% to 106.800 in late trade, Jenoptik AG (DE:JENGn) which lost 4.59% to settle at 31.200 and Varta AG (DE:VAR1) which was down 4.37% to 88.940 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 627 to 92 and 52 ended unchanged.

Shares in Gerresheimer AG (DE:GXIG) fell to 52-week lows; down 4.56% or 3.550 to 74.300. Shares in Siltronic AG (DE:WAFGn) fell to 52-week lows; losing 4.64% or 5.200 to 106.800. Shares in Varta AG (DE:VAR1) fell to 52-week lows; losing 4.37% or 4.060 to 88.940.

The DAX volatility index, which measures the implied volatility of DAX options, was up 28.96% to 29.75.

Gold Futures for April delivery was up 1.43% or 26.40 to $1868.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.04% or 0.97 to hit $94.07 a barrel, while the April Brent oil contract rose 0.67% or 0.63 to trade at $95.07 a barrel.

EUR/USD was down 0.32% to 1.1313, while EUR/GBP fell 0.13% to 0.8356.

The US Dollar Index Futures was up 0.17% at 96.235.

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.