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Germany stocks lower at close of trade; DAX down 0.15%

Published 05/22/2017, 12:15 PM
Updated 05/22/2017, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.15%

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

At the close in Frankfurt, the DAX declined 0.15%, while the MDAX index declined 0.23%, and the TecDAX index lost 0.01%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 2.39% or 0.405 points to trade at 17.375 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 1.38% or 0.47 points to end at 34.83 and Deutsche Telekom AG Na (DE:DTEGn) was up 1.38% or 0.245 points to 18.045 in late trade.

The worst performers of the session were Siemens AG (DE:SIEGn), which fell 1.25% or 1.60 points to trade at 126.55 at the close. Merck KGaA (DE:MRCG) declined 1.16% or 1.25 points to end at 106.50 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 0.96% or 0.185 points to 19.075.

The top performers on the MDAX were CTS Eventim AG (DE:EVDG) which rose 2.69% to 36.510, LEG Immobilien AG (DE:LEGn) which was up 2.28% to settle at 83.870 and Innogy SE (DE:IGY) which gained 2.08% to close at 35.370.

The worst performers were Bilfinger SE O.N. (DE:GBFG) which was down 1.73% to 35.820 in late trade, Jungheinrich AG O.N.VZO (DE:JUNG_p) which lost 1.72% to settle at 33.065 and Airbus Group SE (F:AIRG) which was down 1.69% to 72.560 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 3.32% to 4.298, RIB Software AG Na (DE:RIB) which was up 2.39% to settle at 14.335 and Freenet AG NA (DE:FNTGn) which gained 2.12% to close at 31.745.

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The worst performers were Dialog Semiconductor (DE:DLGS) which was down 4.32% to 42.820 in late trade, GFT Technologies AG (DE:GFTG) which lost 2.39% to settle at 20.640 and Morphosys AG O.N. (DE:MORG) which was down 1.52% to 59.660 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 395 to 352 and 23 ended unchanged.

Shares in RWE AG ST O.N. (DE:RWEG) rose to 52-week highs; gaining 2.39% or 0.405 to 17.375. Shares in Deutsche Telekom AG Na (DE:DTEGn) rose to all time highs; up 1.38% or 0.245 to 18.045. Shares in Freenet AG NA (DE:FNTGn) rose to 52-week highs; gaining 2.12% or 0.660 to 31.745.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.47% to 13.51.

Gold Futures for June delivery was up 0.49% or 6.12 to $1259.72 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.63% or 0.32 to hit $50.99 a barrel, while the July Brent oil contract rose 0.37% or 0.20 to trade at $53.81 a barrel.

EUR/USD was up 0.23% to 1.1234, while EUR/GBP rose 0.50% to 0.8639.

The US Dollar Index Futures was down 0.12% at 96.88.

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