Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks lower at close of trade; DAX down 2.05%

Published 12/02/2019, 01:15 PM
Updated 12/02/2019, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 2.05%

Investing.com – Germany stocks were lower after the close on Monday, as losses in the Software, Utilities and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX lost 2.05%, while the MDAX index declined 1.57%, and the TecDAX index lost 2.43%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 0.06% or 0.040 points to trade at 67.140 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) fell 0.40% or 0.70 points to end at 174.78 and Siemens AG Class N (DE:SIEGn) was down 0.79% or 0.92 points to 116.20 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 5.24% or 1.410 points to trade at 25.500 at the close. Linde PLC (DE:LINI) declined 3.48% or 6.500 points to end at 180.400 and SAP SE (DE:SAPG) was down 3.27% or 4.040 points to 119.440.

The top performers on the MDAX were Prosiebensat 1 Media AG (DE:PSMGn) which rose 1.36% to 13.7950, Aurubis AG (DE:NAFG) which was up 1.26% to settle at 43.500 and K+S AG NA O.N. (DE:SDFGn) which gained 0.93% to close at 10.350.

The worst performers were United Internet AG NA (DE:UTDI) which was down 5.56% to 29.040 in late trade, Evotec AG O.N. (DE:EVTG) which lost 4.77% to settle at 19.150 and Rocket Internet (DE:RKET) which was down 4.29% to 21.84 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 2.83% to 12.730, Medigene NA O.N. (DE:MDG1k) which was up 0.73% to settle at 5.550 and RIB Software AG Na (DE:RIB) which gained 0.25% to close at 23.980.

The worst performers were United Internet AG NA (DE:UTDI) which was down 5.56% to 29.040 in late trade, Evotec AG O.N. (DE:EVTG) which lost 4.77% to settle at 19.150 and SLM Solutions Group AG (DE:AM3D) which was down 4.23% to 15.40 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 543 to 161 and 54 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 17.69% to 17.03 a new 1-month high.

Gold Futures for February delivery was down 0.24% or 3.55 to $1469.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.29% or 0.71 to hit $55.88 a barrel, while the February Brent oil contract rose 0.86% or 0.52 to trade at $61.01 a barrel.

EUR/USD was up 0.52% to 1.1072, while EUR/GBP rose 0.42% to 0.8558.

The US Dollar Index Futures was down 0.35% at 97.863.

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.