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 0.36%

Published 05/11/2017, 12:15 PM
Updated 05/11/2017, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.36%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Media, Transportation & Logistics and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.36%, while the MDAX index declined 0.89%, and the TecDAX index lost 0.38%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 2.20% or 0.77 points to trade at 35.55 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 0.39% or 0.330 points to end at 85.750 and Continental AG O.N. (DE:CONG) was up 0.29% or 0.60 points to 209.15 in late trade.

The worst performers of the session were Prosiebensat 1 Media AG (DE:PSMGn), which fell 5.95% or 2.450 points to trade at 38.735 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 3.40% or 1.120 points to end at 31.775 and Heidelbergcement AG O.N. (DE:HEIG) was down 2.73% or 2.4200 points to 86.1800.

The top performers on the MDAX were Deutsche Wohnen AG Inh (DE:DWNG) which rose 2.68% to 33.735, Krones AG O.N. (DE:KRNG) which was up 0.86% to settle at 111.900 and Duerr AG (DE:DUEG) which gained 0.86% to close at 93.360.

The worst performers were Schaeffler AG Pref (DE:SHA_p) which was down 6.88% to 14.90 in late trade, RTL Group SA (DE:RRTL) which lost 6.34% to settle at 67.910 and Hannover Rueck SE (DE:HNRGn) which was down 5.12% to 108.50 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 3.99% to 45.000, Siltronic AG (DE:WAFGn) which was up 2.38% to settle at 75.290 and Evotec AG O.N. (DE:EVTG) which gained 2.17% to close at 12.685.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 4.90% to 13.390 in late trade, SMA Solar Technology AG (DE:S92G) which lost 4.14% to settle at 23.745 and Cancom SE O.N. (DE:COKG) which was down 3.64% to 52.910 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 473 to 291 and 18 ended unchanged.

Shares in Continental AG O.N. (DE:CONG) rose to 52-week highs; up 0.29% or 0.60 to 209.15. Shares in Carl Zeiss Meditec AG (DE:AFXG) rose to all time highs; gaining 3.99% or 1.725 to 45.000. Shares in Siltronic AG (DE:WAFGn) rose to all time highs; gaining 2.38% or 1.750 to 75.290. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; rising 2.17% or 0.270 to 12.685.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.39% to 13.16.

Gold Futures for June delivery was up 0.41% or 4.96 to $1223.86 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.33% or 0.63 to hit $47.96 a barrel, while the July Brent oil contract rose 1.31% or 0.66 to trade at $50.88 a barrel.

EUR/USD was down 0.02% to 1.0865, while EUR/GBP rose 0.49% to 0.8440.

The US Dollar Index Futures was up 0.02% at 99.52.

Latest comments

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.