Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Germany stocks lower at close of trade; DAX down 2.15%

Stock Markets May 09, 2022 01:15PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters Germany stocks lower at close of trade; DAX down 2.15%

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

At the close in Frankfurt, the DAX declined 2.15% to hit a new 1-month low, while the MDAX index lost 3.30%, and the TecDAX index fell 3.32%.

The best performers of the session on the DAX were E.ON SE (ETR:EONGn), which rose 0.97% or 0.09 points to trade at 9.76 at the close. Meanwhile, Henkel & Co KGaA AG Pref (ETR:HNKG_p) added 0.07% or 0.04 points to end at 61.42 and Fresenius SE & Co KGAA O.N. (ETR:FREG) was down 0.21% or 0.07 points to 34.03 in late trade.

The worst performers of the session were Delivery Hero AG (ETR:DHER), which fell 13.26% or 3.92 points to trade at 25.64 at the close. Deutsche Post AG NA O.N. (ETR:DPWGn) declined 6.98% or 2.72 points to end at 36.26 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was down 6.03% or 1.64 points to 25.65.

The top performers on the MDAX were Gerresheimer AG (ETR:GXIG) which rose 0.46% to 65.15, Talanx AG NA O.N. (ETR:TLXGn) which was up 0.05% to settle at 37.04 and Fraport AG (ETR:FRAG) which lost 0.16% to close at 50.94.

The worst performers were Rheinmetall AG (ETR:RHMG) which was down 9.99% to 187.05 in late trade, TeamViewer AG (ETR:TMV) which lost 6.37% to settle at 11.75 and Carl Zeiss Meditec AG (ETR:AFXG) which was down 6.35% to 105.45 at the close.

The top performers on the TecDAX were 11 AG (ETR:1U1) which rose 1.04% to 19.47, United Internet AG NA (ETR:UTDI) which was down 0.20% to settle at 30.38 and Freenet AG NA (ETR:FNTGn) which lost 0.73% to close at 21.61.

The worst performers were Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was down 23.81% to 50.25 in late trade, Morphosys AG O.N. (ETR:MORG) which lost 9.27% to settle at 17.47 and Eckert & Ziegler AG O.N. (ETR:EUZG) which was down 7.37% to 40.46 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 624 to 81 and 55 ended unchanged.

Shares in Delivery Hero AG (ETR:DHER) fell to 3-years lows; down 13.26% or 3.92 to 25.64. Shares in Deutsche Post AG NA O.N. (ETR:DPWGn) fell to 52-week lows; down 6.98% or 2.72 to 36.26. Shares in Infineon Technologies AG NA O.N. (ETR:IFXGn) fell to 52-week lows; falling 6.03% or 1.64 to 25.65. Shares in Carl Zeiss Meditec AG (ETR:AFXG) fell to 52-week lows; losing 6.35% or 7.15 to 105.45. Shares in Morphosys AG O.N. (ETR:MORG) fell to 5-year lows; losing 9.27% or 1.78 to 17.47. Shares in Eckert & Ziegler AG O.N. (ETR:EUZG) fell to 52-week lows; falling 7.37% or 3.22 to 40.46.

The DAX volatility index, which measures the implied volatility of DAX options, was up 9.11% to 35.33 a new 1-month high.

Gold Futures for June delivery was down 1.29% or 24.25 to $1,858.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 5.95% or 6.53 to hit $103.24 a barrel, while the July Brent oil contract fell 5.57% or 6.26 to trade at $106.13 a barrel.

EUR/USD was unchanged 0.12% to 1.06, while EUR/GBP unchanged 0.09% to 0.86.

The US Dollar Index Futures was up 0.01% at 103.70.

Germany stocks lower at close of trade; DAX down 2.15%
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email