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Germany stocks lower at close of trade; DAX down 0.57%

Published 03/27/2017, 12:15 PM
Updated 03/27/2017, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.57%

Investing.com – Germany stocks were lower after the close on Monday, as losses in the Food & Beverages, Basic Resources and Construction sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.57%, while the MDAX index lost 0.79%, and the TecDAX index lost 0.58%.

The best performers of the session on the DAX were Beiersdorf AG O.N. (DE:BEIG), which rose 0.41% or 0.360 points to trade at 88.090 at the close. Meanwhile, Deutsche Telekom AG Na (DE:DTEGn) added 0.25% or 0.040 points to end at 16.185 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 0.25% or 0.45 points to 179.15 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 2.50% or 0.380 points to trade at 14.790 at the close. SAP SE (DE:SAPG) declined 1.54% or 1.400 points to end at 89.400 and Thyssenkrupp AG O.N. (DE:TKAG) was down 1.48% or 0.335 points to 22.350.

The top performers on the MDAX were Stroeer SE (DE:SAXG) which rose 4.10% to 49.200, Uniper SE (DE:UN01) which was up 1.39% to settle at 15.290 and STADA Arzneimittel VNA O.N. (DE:STAGn) which gained 1.36% to close at 55.880.

The worst performers were Salzgitter AG (DE:SZGG) which was down 3.50% to 32.220 in late trade, Duerr AG (DE:DUEG) which lost 3.04% to settle at 77.930 and MTU Aero Engines NA O.N. (DE:MTXGn) which was down 2.58% to 116.95 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 2.04% to 12.250, Cancom SE O.N. (DE:COKG) which was up 1.81% to settle at 50.160 and Siltronic AG (DE:WAFGn) which gained 1.62% to close at 60.670.

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The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 4.60% to 11.000 in late trade, S&T AG (F:SANT1) which lost 3.83% to settle at 10.245 and Dialog Semiconductor (DE:DLGS) which was down 3.22% to 48.895 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 542 to 213 and 16 ended unchanged.

Shares in Uniper SE (DE:UN01) rose to all time highs; rising 1.39% or 0.210 to 15.290. Shares in Siltronic AG (DE:WAFGn) rose to all time highs; rising 1.62% or 0.970 to 60.670.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.05% to 15.59.

Gold Futures for April delivery was up 0.43% or 5.35 to $1253.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.73% or 0.35 to hit $47.62 a barrel, while the June Brent oil contract fell 0.12% or 0.06 to trade at $50.86 a barrel.

EUR/USD was up 0.69% to 1.0873, while EUR/GBP fell 0.17% to 0.8644.

The US Dollar Index Futures was down 0.65% at 98.94.

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