2 months ago
Stock Market

Germany stocks lower at close of trade; DAX down 0.12%

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

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

At the close in Frankfurt, the DAX fell 0.12%, while the MDAX index fell 0.20%, and the TecDAX index lost 0.12%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 2.77% or 3.850 points to trade at 143.000 at the close. Meanwhile, Henkel&Co KGaA AG Pref (DE:HNKG_p) added 2.08% or 1.96 points to end at 96.16 and SAP SE (DE:SAPG) was up 1.13% or 1.010 points to 90.480 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 4.09% or 0.332 points to trade at 7.782 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 2.24% or 0.410 points to end at 17.920 and Daimler AG NA O.N. (DE:DAIGn) was down 1.84% or 0.915 points to 48.935.

The top performers on the MDAX were GEA Group AG (DE:G1AG) which rose 4.58% to 24.000, Kion Group AG (DE:KGX) which was up 2.30% to settle at 45.86 and Scout24 AG (DE:G24n) which gained 1.71% to close at 39.240.

The worst performers were Siltronic AG (DE:WAFGn) which was down 5.73% to 76.360 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 5.06% to settle at 14.5350 and RTL Group SA (DE:RRTL) which was down 5.05% to 45.520 at the close.

The top performers on the TecDAX were Suedzucker AG (DE:SZUG) which rose 5.06% to 13.900, Hornbach Holding VZO O.N. (DE:HBH) which was up 3.62% to settle at 45.800 and Stabilus (DE:STAB) which gained 2.47% to close at 62.20.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 11.17% to 0.12 in late trade, Aixtron SE NA O.N. (DE:AIXGn) which lost 4.34% to settle at 8.2000 and SMA Solar Technology AG (DE:S92G) which was down 4.27% to 16.820 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 361 to 322 and 93 ended unchanged.

Shares in Prosiebensat 1 Media AG (DE:PSMGn) fell to 5-year lows; losing 5.06% or 0.7750 to 14.5350. Shares in RTL Group SA (DE:RRTL) fell to all time lows; falling 5.05% or 2.420 to 45.520.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.71% to 17.14 a new 1-month low.

Gold Futures for February delivery was down 0.20% or 2.55 to $1291.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.59% or 0.31 to hit $52.00 a barrel, while the March Brent oil contract fell 0.28% or 0.17 to trade at $61.15 a barrel.

EUR/USD was down 0.11% to 1.1384, while EUR/GBP fell 0.57% to 0.8794.

The US Dollar Index Futures was up 0.11% at 95.787.