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Germany shares lower at close of trade; DAX down 0.58%

Published 2019-05-17, 01:15 p/m
Updated 2019-05-17, 01:15 p/m
© Reuters.  Germany shares lower at close of trade; DAX down 0.58%

Investing.com – Germany equities were lower at the close on Friday, as losses in the Retail, Basic Resources and Technology sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.58%, while the MDAX index lost 0.73%, and the TecDAX index fell 0.51%.

The biggest gainers of the session on the DAX were Adidas AG (DE:ADSGN), which rose 1.61% or 4.05 points to trade at 255.50 at the close. Deutsche Lufthansa AG (DE:LHAG) added 0.80% or 0.145 points to end at 18.245 and Linde PLC (DE:LINI) was up 0.62% or 1.050 points to 169.550 in late trade.

Biggest losers included Thyssenkrupp AG O.N. (DE:TKAG), which lost 6.06% or 0.808 points to trade at 12.520 in late trade. Bayerische Motoren Werke AG (DE:BMWG) declined 5.06% or 3.530 points to end at 66.270 and Vonovia SE (DE:VNAn) shed 3.24% or 1.58 points to 47.26.

The top performers on the MDAX were Puma SE (DE:PUMG) which rose 2.49% to 555.50, Alstria Office Reit-Ag (DE:AOXG) which was up 1.63% to settle at 14.330 and Osram Licht AG (DE:OSRn) which gained 1.56% to close at 29.25.

The worst performers were Freenet AG NA (DE:FNTGn) which was down 8.57% to 18.9900 in late trade, Zalando SE (DE:ZALG) which lost 5.07% to settle at 37.65 and Duerr AG (DE:DUEG) which was down 3.40% to 32.990 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE:COPMa) which rose 3.57% to 62.350, Software AG (DE:SOWGn) which was up 0.38% to settle at 32.120 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 0.23% to close at 173.200.

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The worst performers were Freenet AG NA (DE:FNTGn) which was down 8.44% to 19.017 in late trade, S&T AG (DE:SANT1) which lost 2.34% to settle at 20.84 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 2.08% to 51.750 at the close.

Declining stocks outnumbered rising ones by 439 to 244 and 88 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.71% to 15.54.

In commodities trading, Gold Futures for June delivery was down 0.83% or 10.65 to $1275.55 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.10% or 0.06 to hit $62.81 a barrel, while the July Brent oil contract fell 0.69% or 0.50 to trade at $72.12 a barrel.

EUR/USD was down 0.07% to 1.1164, while EUR/GBP rose 0.52% to 0.8774.

The US Dollar Index Futures was up 0.10% at 97.778.

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