3 months ago
Stock Market

Germany stocks lower at close of trade; DAX down 0.54%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Consumer&Cyclical, Technology and Industrials sectors

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Consumer&Cyclical, Technology and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.54%, while the MDAX index fell 0.89%, and the TecDAX index fell 1.08%.

The best performers of the session on the DAX were Fresenius SE&Co KGAA O.N. (DE:FREG), which rose 1.55% or 0.640 points to trade at 42.010 at the close. Meanwhile, Heidelbergcement AG O.N. (DE:HEIG) added 0.41% or 0.220 points to end at 54.400 and Allianz SE VNA O.N. (DE:ALVG) was up 0.36% or 0.64 points to 176.84 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 2.35% or 2.95 points to trade at 122.65 at the close. Adidas AG (DE:ADSGN) declined 2.25% or 4.50 points to end at 195.50 and Fresenius Medical Care KGAA ST (DE:FMEG) was down 2.12% or 1.300 points to 60.160.

The top performers on the MDAX were Scout24 AG (DE:G24n) which rose 13.57% to 41.000, Axel Springer SE (DE:SPRGn) which was up 2.89% to settle at 50.950 and Aroundtown Property Holdings PLC (DE:AT1) which gained 1.84% to close at 7.485.

The worst performers were Norma Group AG NA O.N. (DE:NOEJ) which was down 7.75% to 44.520 in late trade, GEA Group AG (DE:G1AG) which lost 6.86% to settle at 21.030 and Duerr AG (DE:DUEG) which was down 3.95% to 30.620 at the close.

The top performers on the TecDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 7.89% to 0.12, Shop Apotheke Europe NV (DE:SAEG) which was up 2.95% to settle at 38.400 and JOST Werke AG (DE:JSTG) which gained 2.67% to close at 26.9500.

The worst performers were Isra Vision O.N. (DE:ISRG) which was down 17.72% to 24.85 in late trade, Dr. Hoenle AG O.N. (DE:HNLG) which lost 12.75% to settle at 44.500 and Aixtron SE NA O.N. (DE:AIXGn) which was down 7.36% to 8.3340 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 463 to 245 and 72 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (DE:FMEG) fell to 3-years lows; falling 2.12% or 1.300 to 60.160. Shares in GEA Group AG (DE:G1AG) fell to 5-year lows; down 6.86% or 1.550 to 21.030. Shares in Isra Vision O.N. (DE:ISRG) fell to 5-year lows; down 17.72% or 5.35 to 24.85. Shares in Dr. Hoenle AG O.N. (DE:HNLG) fell to 52-week lows; falling 12.75% or 6.500 to 44.500.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.00% to 20.29.

Gold Futures for February delivery was down 0.29% or 3.60 to $1243.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.70% or 1.42 to hit $51.16 a barrel, while the February Brent oil contract fell 1.97% or 1.21 to trade at $60.24 a barrel.

EUR/USD was down 0.52% to 1.1302, while EUR/GBP rose 0.19% to 0.8990.

The US Dollar Index Futures was up 0.43% at 97.470.