Germany stocks lower at close of trade; DAX down 0.57%
Germany stocks lower at close of trade; DAX down 0.57%
Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Construction, Technology and Media sectors led shares lower.
At the close in Frankfurt, the DAX fell 0.57%, while the MDAX index declined 1.42%, and the TecDAX index lost 0.66%.
The best performers of the session on the DAX were Puma SE (ETR:PUMG), which rose 2.71% or 1.34 points to trade at 50.72 at the close. Meanwhile, Fresenius Medical Care KGAA ST (ETR:FMEG) added 1.24% or 0.37 points to end at 30.20 and Fresenius SE & Co KGAA O.N. (ETR:FREG) was up 0.92% or 0.24 points to 26.44 in late trade.
The worst performers of the session were Porsche Automobil Holding SE (ETR:PSHG_p), which fell 2.33% or 1.36 points to trade at 57.00 at the close. Airbus Group SE (ETR:AIRG) declined 2.19% or 2.42 points to end at 108.32 and Covestro AG (ETR:1COV) was down 1.65% or 0.61 points to 36.32.
The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 1.70% to 24.59, Sixt SE (ETR:SIXG) which was up 1.54% to settle at 92.10 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 0.72% to close at 125.85.
The worst performers were K&S AG (ETR:SDFGn) which was down 7.04% to 19.15 in late trade, Gerresheimer AG (ETR:GXIG) which lost 6.33% to settle at 61.40 and ADTRAN Holdingsa Inc (ETR:QH9) which was down 4.96% to 18.20 at the close.
The top performers on the TecDAX were CompuGroup Medical AG O.N. (ETR:COP1n) which rose 2.14% to 37.28, Morphosys AG O.N. (ETR:MORG) which was up 1.18% to settle at 16.24 and Qiagen NV (ETR:QIA) which gained 0.80% to close at 46.43.
The worst performers were ADTRAN Holdingsa Inc (ETR:QH9) which was down 4.96% to 18.20 in late trade, Siltronic AG (ETR:WAFGn) which lost 4.34% to settle at 76.00 and Freenet AG NA (ETR:FNTGn) which was down 3.67% to 20.20 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 490 to 188 and 83 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was up 4.38% to 22.39.
Gold Futures for February delivery was up 0.82% or 14.55 to $1,796.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.29% or 1.70 to hit $72.55 a barrel, while the February Brent oil contract fell 2.02% or 1.60 to trade at $77.75 a barrel.
EUR/USD was up 0.53% to 1.05, while EUR/GBP unchanged 0.21% to 0.86.
The US Dollar Index Futures was down 0.55% at 104.96.
