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Germany stocks lower at close of trade; DAX down 3.08%

Stock Markets Jun 10, 2022 01:15PM ET
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© Reuters. Germany stocks lower at close of trade; DAX down 3.08%
 
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Industrials, Software and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX fell 3.08%, while the MDAX index declined 2.97%, and the TecDAX index declined 2.87%.

The best performers of the session on the DAX were Deutsche Boerse AG (ETR:DB1Gn), which rose 0.93% or 1.40 points to trade at 151.95 at the close. Meanwhile, Symrise AG Inh. O.N. (ETR:SY1G) fell 0.49% or 0.50 points to end at 101.00 and Fresenius Medical Care KGAA ST (ETR:FMEG) was down 0.51% or 0.26 points to 51.02 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (ETR:DBKGn), which fell 5.85% or 0.59 points to trade at 9.43 at the close. Siemens AG Class N (ETR:SIEGn) declined 5.41% or 6.58 points to end at 115.10 and Heidelbergcement AG O.N. (ETR:HEIG) was down 4.56% or 2.46 points to 51.44.

The top performers on the MDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 0.51% to 2.74, Vantage Towers AG (ETR:VTWRn) which was up 0.07% to settle at 29.28 and United Internet AG NA (ETR:UTDI) which lost 0.17% to close at 28.81.

The worst performers were Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) which was down 7.85% to 26.52 in late trade, Gerresheimer AG (ETR:GXIG) which lost 7.80% to settle at 67.35 and Siltronic AG (ETR:WAFGn) which was down 6.78% to 83.90 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 0.51% to 2.74, Vantage Towers AG (ETR:VTWRn) which was up 0.07% to settle at 29.28 and United Internet AG NA (ETR:UTDI) which lost 0.17% to close at 28.81.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 9.56% to 18.82 in late trade, Siltronic AG (ETR:WAFGn) which lost 6.78% to settle at 83.90 and CompuGroup Medical AG O.N. (ETR:COP1n) which was down 5.70% to 43.38 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 611 to 78 and 73 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (ETR:FMEG) fell to 5-year lows; falling 0.51% or 0.26 to 51.02. Shares in Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) fell to 5-year lows; falling 7.85% or 2.26 to 26.52. Shares in CompuGroup Medical AG O.N. (ETR:COP1n) fell to 3-years lows; down 5.70% or 2.62 to 43.38.

The DAX volatility index, which measures the implied volatility of DAX options, was up 16.64% to 26.50.

Gold Futures for August delivery was up 1.19% or 22.05 to $1,874.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.58% or 0.70 to hit $120.81 a barrel, while the August Brent oil contract fell 0.72% or 0.88 to trade at $122.19 a barrel.

EUR/USD was down 0.90% to 1.05, while EUR/GBP rose 0.61% to 0.85.

The US Dollar Index Futures was up 0.94% at 104.19.

Germany stocks lower at close of trade; DAX down 3.08%
 

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