1 month ago
Stock Market

Germany stocks lower at close of trade; DAX down 0.08%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Chemicals, Construction and Insurance sectors

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Chemicals, Construction and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.08%, while the MDAX index declined 0.70%, and the TecDAX index lost 0.16%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 1.60% or 1.420 points to trade at 90.250 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 0.94% or 0.600 points to end at 64.360 and E.ON SE NA (DE:EONGn) was up 0.91% or 0.087 points to 9.680 in late trade.

The worst performers of the session were Siemens AG Class N (DE:SIEGn), which fell 4.01% or 4.00 points to trade at 95.78 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 3.96% or 0.319 points to end at 7.746 and BASF SE NA O.N. (DE:BASFN) was down 2.58% or 1.690 points to 63.820.

The top performers on the MDAX were Metro AG (DE:CECG) which rose 2.50% to 4.100, Zalando SE (DE:ZALG) which was up 2.15% to settle at 26.65 and Stroeer SE (DE:SAXG) which gained 2.09% to close at 48.880.

The worst performers were Commerzbank AG O.N. (DE:CBKG) which was down 6.68% to 6.261 in late trade, Software AG (DE:SOWGn) which lost 5.90% to settle at 31.675 and Drillisch AG (DE:DRIG) which was down 3.92% to 36.280 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 9.11% to 10.90, SMA Solar Technology AG (DE:S92G) which was up 6.26% to settle at 22.060 and HelloFresh SE (DE:HFGG) which gained 4.58% to close at 8.69.

The worst performers were Corestate Capital Holding SA (DE:CCAG) which was down 4.90% to 32.0000 in late trade, Heidelberger Druckmaschinen O.N. (DE:HDDG) which lost 3.45% to settle at 1.7640 and Steinhoff International Holdings NV (DE:SNHG) which was unchanged 3.08% to 0.11 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 371 to 331 and 79 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.85% to 17.02.

Gold Futures for April delivery was up 0.76% or 9.95 to $1325.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.62% or 0.88 to hit $55.11 a barrel, while the April Brent oil contract rose 0.76% or 0.47 to trade at $62.01 a barrel.

EUR/USD was down 0.28% to 1.1445, while EUR/GBP fell 0.38% to 0.8717.

The US Dollar Index Futures was up 0.26% at 95.278.