Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Germany shares lower at close of trade; DAX down 1.70%

Published 2018-03-22, 01:15 p/m
© Reuters.  Germany shares lower at close of trade; DAX down 1.70%
DE40
-
DBKGn
-
CBKG
-
DB1Gn
-
IFXGn
-
BEIG
-
UTDI
-
MORG
-
CXPCX
-
CXPHX
-
CXPRX
-
MDAXI
-
TECDAX
-
FPE3_p
-
V1XI
-
EVDG
-
DWNG
-
AFXG
-
MDG1k
-
ADVG
-
JENGn
-
LEGn
-
VNAn
-
ZALG
-
UN0k
-

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

At the close in Frankfurt, the DAX fell 1.70%, while the MDAX index fell 1.56%, and the TecDAX index declined 3.16%.

The biggest gainers of the session on the DAX were Deutsche Boerse AG (DE:DB1Gn), which rose 0.54% or 0.600 points to trade at 111.700 at the close. Beiersdorf AG O.N. (DE:BEIG) added 0.39% or 0.340 points to end at 87.260 and Vonovia SE (DE:VNAn) was up 0.36% or 0.14 points to 39.55 in late trade.

Biggest losers included Commerzbank AG O.N. (DE:CBKG), which lost 6.14% or 0.732 points to trade at 11.190 in late trade. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 2.98% or 0.358 points to end at 11.650 and Infineon Technologies AG NA O.N. (DE:IFXGn) shed 2.77% or 0.640 points to 22.490.

The top performers on the MDAX were LEG Immobilien AG (DE:LEGn) which rose 0.50% to 88.920, Deutsche Wohnen AG (DE:DWNG) which was up 0.42% to settle at 36.060 and Uniper SE (DE:UN01) which unchanged 0.00% to close at 24.000.

The worst performers were CTS Eventim AG (DE:EVDG) which was down 9.57% to 36.480 in late trade, Zalando SE (DE:ZALG) which lost 4.45% to settle at 44.86 and Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was down 3.93% to 45.440 at the close.

The top performers on the TecDAX were Jenoptik AG (DE:JENG) which rose 1.59% to 28.140, Carl Zeiss Meditec AG (DE:AFXG) which was up 0.08% to settle at 49.600 and Morphosys AG O.N. (DE:MORG) which lost 0.64% to close at 84.950.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 10.05% to 14.680 in late trade, United Internet AG NA (DE:UTDI) which lost 9.46% to settle at 51.500 and Adva Optical Networking SE (DE:ADAG) which was down 6.90% to 5.400 at the close.

Declining stocks outnumbered rising ones by 620 to 114 and 63 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 20.98% to 20.34.

In commodities trading, Gold Futures for April delivery was up 0.26% or 3.50 to $1325.00 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.98% or 0.64 to hit $64.53 a barrel, while the May Brent oil contract fell 0.52% or 0.36 to trade at $69.11 a barrel.

EUR/USD was down 0.34% to 1.2296, while EUR/GBP fell 0.05% to 0.8721.

The US Dollar Index Futures was up 0.28% at 89.53.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.