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Germany shares lower at close of trade; DAX down 2.67%

Published 2019-02-07, 12:15 p/m
© Reuters.  Germany shares lower at close of trade; DAX down 2.67%
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Investing.com – Germany equities were lower at the close on Thursday, as losses in the Construction, Software and Food & Beverages sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 2.67%, while the MDAX index lost 2.59%, and the TecDAX index fell 3.29%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which fell 0.28% or 0.060 points to trade at 21.450 at the close. Fresenius Medical Care KGAA ST (DE:FMEG) fell 0.57% or 0.380 points to end at 66.300 and Vonovia SE (DE:VNAn) was down 0.74% or 0.33 points to 44.25 in late trade.

Biggest losers included Wirecard AG (DE:WDIG), which lost 14.93% or 19.450 points to trade at 110.850 in late trade. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 6.44% or 0.508 points to end at 7.385 and Thyssenkrupp AG O.N. (DE:TKAG) shed 4.97% or 0.790 points to 15.110.

The top performers on the MDAX were Alstria Office Reit-Ag (DE:AOXG) which rose 0.37% to 13.430, Delivery Hero AG (DE:DHER) which was down 0.23% to settle at 35.28 and Aroundtown Property Holdings PLC (DE:AT1) which lost 0.26% to close at 7.680.

The worst performers were GEA Group AG (DE:G1AG) which was down 17.89% to 19.797 in late trade, Freenet AG NA (DE:FNTGn) which lost 6.39% to settle at 17.5200 and Commerzbank AG O.N. (DE:CBKG) which was down 6.25% to 6.109 at the close.

The top performers on the TecDAX were Befesa SA (DE:BFSA) which rose 2.68% to 40.20, Grenke N AG (DE:GLJn) which was up 1.95% to settle at 83.85 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 1.52% to close at 49.380.

The worst performers were Heidelberger Druckmaschinen O.N. (DE:HDDG) which was down 8.75% to 1.6370 in late trade, RIB Software AG Na (DE:RIB) which lost 6.67% to settle at 12.040 and Tele Columbus AG (DE:TC1n) which was down 5.77% to 2.21 at the close.

Declining stocks outnumbered rising ones by 586 to 111 and 77 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 16.37% to 17.91.

In commodities trading, Gold Futures for April delivery was up 0.00% or 0.05 to $1314.45 a troy ounce. Meanwhile, Crude oil for delivery in March fell 3.57% or 1.93 to hit $52.08 a barrel, while the April Brent oil contract fell 2.79% or 1.75 to trade at $60.94 a barrel.

EUR/USD was down 0.05% to 1.1355, while EUR/GBP fell 0.33% to 0.8753.

The US Dollar Index Futures was up 0.09% at 96.238.

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