Breaking News
Investing Pro 0
Cyber Monday Extended SALE: Up to 60% OFF InvestingPro+ CLAIM OFFER

Germany stocks lower at close of trade; DAX down 3.31%

Stock Markets Jun 16, 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 3.31%
 
CXPRX
+1.67%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DHER
+0.94%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
UN01
+1.81%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
1COV
+0.70%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ZALG
+1.90%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
O2Dn
-1.56%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

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

At the close in Frankfurt, the DAX declined 3.31% to hit a new 3-months low, while the MDAX index fell 3.77%, and the TecDAX index lost 2.97%.

The best performers of the session on the DAX were Deutsche Boerse AG (ETR:DB1Gn), which fell 0.03% or 0.05 points to trade at 154.30 at the close. Meanwhile, Merck KGaA (ETR:MRCG) fell 0.46% or 0.75 points to end at 163.25 and Fresenius Medical Care KGAA ST (ETR:FMEG) was down 1.07% or 0.54 points to 49.90 in late trade.

The worst performers of the session were Zalando SE (ETR:ZALG), which fell 12.44% or 3.54 points to trade at 24.91 at the close. Delivery Hero AG (ETR:DHER) declined 9.76% or 3.39 points to end at 31.34 and Covestro AG (ETR:1COV) was down 8.69% or 3.44 points to 36.15.

The top performers on the MDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which fell 0.21% to 2.81, Fraport AG (ETR:FRAG) which was down 0.41% to settle at 48.45 and Software AG (ETR:SOWGn) which lost 0.46% to close at 30.38.

The worst performers were Uniper SE (ETR:UN01) which was down 9.73% to 18.92 in late trade, Lanxess AG (ETR:LXSG) which lost 9.62% to settle at 37.78 and Hypoport AG (ETR:HYQGn) which was down 8.31% to 192.00 at the close.

The top performers on the TecDAX were Nordex SE O.N. (ETR:NDXG) which rose 0.19% to 9.42, Telefonica Deutschland Holding AG (ETR:O2Dn) which was down 0.21% to settle at 2.81 and Software AG (ETR:SOWGn) which lost 0.46% to close at 30.38.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 6.75% to 22.66 in late trade, Infineon Technologies AG NA O.N. (ETR:IFXGn) which lost 6.26% to settle at 23.43 and Jenoptik AG (ETR:JENGn) which was down 5.91% to 21.32 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 610 to 84 and 64 ended unchanged.

Shares in Zalando SE (ETR:ZALG) fell to 3-years lows; losing 12.44% or 3.54 to 24.91. Shares in Fresenius Medical Care KGAA ST (ETR:FMEG) fell to 5-year lows; losing 1.07% or 0.54 to 49.90. Shares in Covestro AG (ETR:1COV) fell to 52-week lows; losing 8.69% or 3.44 to 36.15. Shares in Hypoport AG (ETR:HYQGn) fell to 3-years lows; falling 8.31% or 17.40 to 192.00. Shares in Infineon Technologies AG NA O.N. (ETR:IFXGn) fell to 52-week lows; falling 6.26% or 1.57 to 23.43. Shares in Jenoptik AG (ETR:JENGn) fell to 52-week lows; losing 5.91% or 1.34 to 21.32.

The DAX volatility index, which measures the implied volatility of DAX options, was up 9.73% to 31.23 a new 1-month high.

Gold Futures for August delivery was up 1.74% or 31.65 to $1,851.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.53% or 1.77 to hit $117.08 a barrel, while the August Brent oil contract rose 0.78% or 0.93 to trade at $119.44 a barrel.

EUR/USD was up 1.10% to 1.06, while EUR/GBP unchanged 0.43% to 0.85.

The US Dollar Index Futures was down 1.37% at 103.50.

Germany stocks lower at close of trade; DAX down 3.31%
 

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