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 3.45%

Published 07/30/2020, 01:15 PM
Updated 07/30/2020, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 3.45%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Construction, Insurance and Software sectors led shares lower.

At the close in Frankfurt, the DAX declined 3.45%, while the MDAX index lost 2.10%, and the TecDAX index fell 2.68%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which fell 1.47% or 0.82 points to trade at 55.04 at the close. Meanwhile, MTU Aero Engines NA O.N. (DE:MTXGn) fell 1.73% or 2.55 points to end at 145.25 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 1.88% or 1.61 points to 83.99 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 11.47% or 0.241 points to trade at 1.860 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 6.87% or 3.120 points to end at 42.300 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 6.85% or 9.43 points to 128.17.

The top performers on the MDAX were Freenet AG NA (DE:FNTGn) which rose 5.25% to 15.127, Airbus Group SE (DE:AIRG) which was up 1.54% to settle at 63.25 and Osram Licht AG (DE:OSRn) which gained 0.64% to close at 43.82.

The worst performers were Siltronic AG (DE:WAFGn) which was down 8.56% to 78.000 in late trade, Grenke N AG (DE:GLJn) which lost 7.39% to settle at 63.90 and Hochtief AG (DE:HOTG) which was down 5.35% to 70.70 at the close.

The top performers on the TecDAX were Freenet AG NA (DE:FNTGn) which rose 5.25% to 15.127, New Work SE (DE:NWOn) which was unchanged 0.00% to settle at 273.50 and Qiagen NV (DE:QIA) which lost 0.01% to close at 42.575.

The worst performers were Wirecard AG (DE:WDIG) which was down 11.47% to 1.860 in late trade, Siltronic AG (DE:WAFGn) which lost 8.56% to settle at 78.000 and Nemetschek AG O.N. (DE:NEKG) which was down 5.30% to 59.800 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 576 to 97 and 78 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 15.59% to 30.10.

Gold Futures for August delivery was down 0.60% or 11.70 to $1941.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.54% or 1.05 to hit $40.22 a barrel, while the October Brent oil contract fell 1.77% or 0.78 to trade at $43.31 a barrel.

EUR/USD was up 0.27% to 1.1822, while EUR/GBP fell 0.35% to 0.9039.

The US Dollar Index Futures was down 0.39% at 93.067.

Latest comments

when it will finish fall down 😔
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.