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Germany stocks lower at close of trade; DAX down 0.11%

Published 12/22/2016, 12:15 PM
Updated 12/22/2016, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.11%

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

At the close in Frankfurt, the DAX fell 0.11%, while the MDAX index declined 0.08%, and the TecDAX index declined 0.44%.

The best performers of the session on the DAX were Fresenius SE & Co KGAA O.N. (DE:FREG), which rose 0.71% or 0.520 points to trade at 73.520 at the close. Meanwhile, Deutsche Post AG NA O.N. (DE:DPWGn) added 0.51% or 0.160 points to end at 31.350 and Merck KGaA (DE:MRCG) was up 0.49% or 0.480 points to 99.380 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 1.36% or 0.245 points to trade at 17.750 at the close. Deutsche Boerse AG Z.UMT. (DE:DB11) declined 1.11% or 0.88 points to end at 78.13 and Linde AG O.N. (DE:LING) was down 1.04% or 1.650 points to 157.250.

The top performers on the MDAX were Stroeer SE (DE:SAXG) which rose 3.10% to 41.050, GEA Group AG (DE:G1AG) which was up 1.62% to settle at 38.020 and K+S AG NA O.N. (DE:SDFGn) which gained 1.48% to close at 21.950.

The worst performers were Osram Licht AG (F:OSRn) which was down 2.21% to 49.191 in late trade, Steinhoff International Holdings NV (DE:SNHG) which lost 1.82% to settle at 4.74 and Bilfinger SE O.N. (DE:GBFG) which was down 1.63% to 36.510 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 2.17% to 25.145, Carl Zeiss Meditec AG (DE:AFXG) which was up 0.52% to settle at 34.605 and Slm Solution G (DE:AM3D) which gained 0.28% to close at 32.16.

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The worst performers were Alix Resources Corp (F:37N2) which was down 12.12% to 0.029 in late trade, Siltronic AG (DE:WAFGn) which lost 3.60% to settle at 43.910 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.14% to 4.027 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 463 to 287 and 30 ended unchanged.

Shares in Fresenius SE & Co KGAA O.N. (DE:FREG) rose to 3-years highs; rising 0.71% or 0.520 to 73.520. Shares in Deutsche Post AG NA O.N. (DE:DPWGn) rose to all time highs; up 0.51% or 0.160 to 31.350.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.57% to 14.90.

Gold for February delivery was down 0.23% or 2.55 to $1130.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.74% or 0.39 to hit $52.88 a barrel, while the February Brent oil contract rose 0.90% or 0.49 to trade at $54.95 a barrel.

EUR/USD was up 0.15% to 1.0443, while EUR/GBP rose 0.66% to 0.8495.

The US Dollar Index was down 0.02% at 103.02.

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