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 2.07%

Published 02/21/2022, 01:15 PM
Updated 02/21/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 2.07%

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

At the close in Frankfurt, the DAX declined 2.07% to hit a new 6-months low, while the MDAX index declined 1.95%, and the TecDAX index lost 1.80%.

The best performers of the session on the DAX were Siemens Healthineers AG (DE:SHLG), which rose 0.23% or 0.12 points to trade at 53.10 at the close. Meanwhile, Siemens Energy AG (DE:ENR1n) fell 0.27% or 0.05 points to end at 18.37 and Qiagen NV (DE:QIA) was down 0.49% or 0.210 points to 42.930 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 3.91% or 3.42 points to trade at 84.09 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 3.24% or 3.090 points to end at 92.290 and Porsche Automobil Holding SE (DE:PSHG_p) was down 3.16% or 2.660 points to 81.560.

The top performers on the MDAX were AUTO1 Group SE (DE:AG1G) which fell 0.20% to 12.37, Deutsche Wohnen AG (DE:DWNG) which was down 0.28% to settle at 36.150 and Deutsche Lufthansa AG (DE:LHAG) which lost 0.35% to close at 7.508.

The worst performers were Lanxess AG (DE:LXSG) which was down 4.82% to 48.600 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 4.67% to settle at 124.65 and Knorr-Bremse AG (DE:KBX) which was down 4.29% to 87.84 at the close.

The top performers on the TecDAX were Siemens Healthineers AG (DE:SHLG) which rose 0.23% to 53.10, Qiagen NV (DE:QIA) which was down 0.49% to settle at 42.930 and Nagarro SE (DE:NA9n) which lost 0.79% to close at 125.50.

The worst performers were Suse SA (DE:SUSEG) which was down 4.00% to 24.00 in late trade, Jenoptik AG (DE:JENGn) which lost 3.99% to settle at 29.840 and Evotec AG O.N. (DE:EVTG) which was down 3.51% to 24.990 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 630 to 94 and 49 ended unchanged.

Shares in AUTO1 Group SE (DE:AG1G) fell to all time lows; down 0.20% or 0.03 to 12.37. Shares in Lanxess AG (DE:LXSG) fell to 52-week lows; losing 4.82% or 2.460 to 48.600. Shares in Suse SA (DE:SUSEG) fell to all time lows; falling 4.00% or 1.00 to 24.00. Shares in Evotec AG O.N. (DE:EVTG) fell to 52-week lows; losing 3.51% or 0.910 to 24.990.

The DAX volatility index, which measures the implied volatility of DAX options, was up 12.74% to 34.69 a new 52-week high.

Gold Futures for April delivery was up 0.07% or 1.30 to $1901.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.21% or 1.99 to hit $92.20 a barrel, while the May Brent oil contract rose 2.31% or 2.11 to trade at $93.50 a barrel.

EUR/USD was up 0.04% to 1.1325, while EUR/GBP fell 0.07% to 0.8323.

The US Dollar Index Futures was down 0.06% at 95.963.

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.