3 months ago
Stock Market

Germany stocks lower at close of trade; DAX down 0.04%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Food&Beverages, Construction and Technology sectors

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

At the close in Frankfurt, the DAX lost 0.04%, while the MDAX index fell 0.62%, and the TecDAX index lost 0.65%.

The best performers of the session on the DAX were Bayerische Motoren Werke AG (DE:BMWG), which rose 1.94% or 1.410 points to trade at 74.180 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.90% or 0.365 points to end at 19.590 and E.ON SE NA (DE:EONGn) was up 1.41% or 0.128 points to 9.220 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 2.63% or 1.180 points to trade at 43.660 at the close. Fresenius SE&Co KGAA O.N. (DE:FREG) declined 2.38% or 1.010 points to end at 41.370 and Heidelbergcement AG O.N. (DE:HEIG) was down 1.56% or 0.860 points to 54.180.

The top performers on the MDAX were Norma Group AG NA O.N. (DE:NOEJ) which rose 3.65% to 48.260, Puma SE (DE:PUMG) which was up 2.84% to settle at 470.00 and Stroeer SE (DE:SAXG) which gained 2.47% to close at 44.040.

The worst performers were Freenet AG NA (DE:FNTGn) which was down 4.86% to 16.8350 in late trade, Kion Group AG (DE:KGX) which lost 4.27% to settle at 45.77 and Siltronic AG (DE:WAFGn) which was down 3.54% to 74.760 at the close.

The top performers on the TecDAX were Leoni AG (DE:LEOGn) which rose 18.09% to 31.660, Rational AG (DE:RAAG) which was up 6.55% to settle at 517.00 and SLM Solutions Group AG (DE:AM3D) which gained 4.49% to close at 11.64.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 6.09% to 0.11 in late trade, Tele Columbus AG (DE:TC1n) which lost 5.78% to settle at 3.18 and SGL Carbon SE (DE:SGCG) which was down 4.79% to 6.260 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 394 to 308 and 74 ended unchanged.

Shares in SGL Carbon SE (DE:SGCG) fell to all time lows; down 4.79% or 0.315 to 6.260.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.09% to 20.09.

Gold Futures for February delivery was down 0.18% or 2.25 to $1247.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.31% or 1.18 to hit $52.33 a barrel, while the February Brent oil contract rose 1.63% or 0.98 to trade at $61.13 a barrel.

EUR/USD was down 0.06% to 1.1361, while EUR/GBP fell 0.11% to 0.8993.

The US Dollar Index Futures was up 0.08% at 97.093.