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Germany shares lower at close of trade; DAX down 0.78%

Published 2018-04-03, 12:15 p/m
© Reuters.  Germany shares lower at close of trade; DAX down 0.78%
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Investing.com – Germany equities were lower at the close on Tuesday, as losses in the Technology, Media and Basic Resources sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.78%, while the MDAX index lost 0.99%, and the TecDAX index declined 1.10%.

The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 0.62% or 1.00 points to trade at 162.38 at the close. Bayerische Motoren Werke AG (DE:BMWG) added 0.60% or 0.530 points to end at 88.680 and Thyssenkrupp AG O.N. (DE:TKAG) was up 0.57% or 0.120 points to 21.310 in late trade.

Biggest losers included Prosiebensat 1 Media AG (DE:PSMGn), which lost 2.56% or 0.720 points to trade at 27.460 in late trade. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 2.07% or 0.450 points to end at 21.290 and Henkel & Co KGaA AG Pref (DE:HNKG_p) shed 1.92% or 2.05 points to 104.80.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 3.08% to 0.23, Aareal Bank AG (DE:ARLG) which was up 0.90% to settle at 39.090 and Wacker Chemie O.N. (DE:WCHG) which gained 0.52% to close at 134.05.

The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 3.91% to 12.30 in late trade, Duerr AG (DE:DUEG) which lost 3.41% to settle at 86.100 and Gerresheimer AG (BS:GXId) which was down 2.84% to 65.900 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 17.76% to 20.360, Cancom SE O.N. (DE:COKG) which was up 6.58% to settle at 89.150 and Nordex SE O.N. (DE:NDXG) which gained 4.84% to close at 7.412.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 4.52% to 79.250 in late trade, GFT Technologies AG (DE:GFTG) which lost 4.07% to settle at 12.480 and CompuGroup Medical AG O.N. (DE:COPMa) which was down 3.55% to 42.380 at the close.

Declining stocks outnumbered rising ones by 485 to 215 and 75 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.64% to 19.84.

In commodities trading, Gold Futures for June delivery was down 0.81% or 10.90 to $1336.00 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.52% or 0.33 to hit $63.34 a barrel, while the June Brent oil contract rose 0.44% or 0.30 to trade at $67.94 a barrel.

EUR/USD was down 0.34% to 1.2260, while EUR/GBP fell 0.47% to 0.8719.

The US Dollar Index Futures was up 0.20% at 89.87.

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