1 month ago
Stock Market

Germany stocks lower at close of trade; DAX down 0.41%

Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Basic Resources, Food&Beverages and Technology

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

At the close in Frankfurt, the DAX declined 0.41%, while the MDAX index fell 0.13%, and the TecDAX index fell 0.50%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 1.88% or 2.900 points to trade at 156.900 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 1.43% or 0.300 points to end at 21.290 and Linde PLC (DE:LINI) was up 1.32% or 1.850 points to 141.850 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 3.15% or 1.500 points to trade at 46.190 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 2.30% or 0.365 points to end at 15.525 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 1.84% or 0.340 points to 18.175.

The top performers on the MDAX were Metro AG (DE:CECG) which rose 7.02% to 3.796, Hugo Boss AG NA O.N. (DE:BOSSn) which was up 5.64% to settle at 62.160 and Stroeer SE (DE:SAXG) which gained 3.82% to close at 45.160.

The worst performers were Siltronic AG (DE:WAFGn) which was down 4.40% to 79.100 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 4.40% to settle at 110.800 and Salzgitter AG (DE:SZGG) which was down 3.66% to 26.040 at the close.

The top performers on the TecDAX were Metro AG ST O.N. (DE:CECG) which rose 6.23% to 3.768, Stroeer SE (DE:SAXG) which was up 3.82% to settle at 45.160 and Tele Columbus AG (DE:TC1n) which gained 3.50% to close at 2.81.

The worst performers were Heidelberger Druckmaschinen O.N. (DE:HDDG) which was down 5.27% to 1.7260 in late trade, Koenig&Bauer AG ST O.N. (DE:SKBG) which lost 5.11% to settle at 39.700 and SMA Solar Technology AG (DE:S92G) which was down 4.35% to 17.170 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 437 to 267 and 72 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.03% to 17.71.

Gold Futures for February delivery was up 0.01% or 0.15 to $1282.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.70% or 1.46 to hit $52.58 a barrel, while the March Brent oil contract fell 2.76% or 1.73 to trade at $61.01 a barrel.

EUR/USD was up 0.03% to 1.1367, while EUR/GBP fell 0.50% to 0.8769.

The US Dollar Index Futures was down 0.07% at 95.925.