Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Germany stocks lower at close of trade; DAX down 0.59%

Published 06/16/2016, 12:15 PM
Updated 06/16/2016, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.59%

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

At the close in Frankfurt, the DAX fell 0.59%, while the MDAX index fell 1.05%, and the TecDAX index fell 1.46%.

The best performers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 1.02% or 0.420 points to trade at 41.520 at the close. Meanwhile, Thyssenkrupp AG O.N. (DE:TKAG) added 0.70% or 0.125 points to end at 17.860 and Vonovia SE (DE:VNAn) was up 0.23% or 0.07 points to 30.62 in late trade.

The worst performers of the session were Commerzbank AG O.N. (DE:CBKG), which fell 2.34% or 0.150 points to trade at 6.260 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 2.18% or 0.290 points to end at 12.995 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 2.16% or 2.600 points to 117.550.

The top performers on the MDAX were Kuka AG (DE:KU2G) which rose 1.84% to 108.000, Axel Springer SE (DE:SPRGn) which was up 1.29% to settle at 47.660 and Fraport AG (DE:FRAG) which gained 1.17% to close at 47.590.

The worst performers were Hugo Boss AG NA O.N. (DE:BOSSn) which was down 2.73% to 52.770 in late trade, Krones AG O.N. (DE:KRNG) which lost 2.61% to settle at 95.020 and Aareal Bank AG (DE:ARLG) which was down 2.57% to 29.365 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 1.77% to 14.400, SMA Solar Technology AG (DE:S92G) which was up 1.39% to settle at 46.235 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 0.14% to close at 35.400.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 4.84% to 36.675 in late trade, Evotec AG O.N. (DE:EVTG) which lost 4.69% to settle at 3.515 and Slm Solution G (DE:AM3D) which was down 3.98% to 22.44 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 692 to 199 and 28 ended unchanged.

Shares in Commerzbank AG O.N. (DE:CBKG) fell to 52-week lows; losing 2.34% or 0.150 to 6.260. Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) fell to all time lows; losing 2.18% or 0.290 to 12.995.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.46% to 32.41 a new 3-months high.

Gold for August delivery was up 1.75% or 22.55 to $1310.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 3.52% or 1.69 to hit $46.32 a barrel, while the August Brent oil contract fell 3.57% or 1.75 to trade at $47.22 a barrel.

EUR/USD was down 0.85% to 1.1164, while EUR/GBP fell 0.15% to 0.7914.

The US Dollar Index was up 0.62% at 95.26.

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.