Germany shares lower at close of trade; DAX down 0.94%

  • Stock Market News
Germany shares lower at close of trade; DAX down 0.94%
Credit: © Reuters. – Germany equities were lower at the close on Tuesday, as losses in the Software , Industrials and Basic Resources sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.94%, while the MDAX index declined 1.11%, and the TecDAX index lost 0.92%.

The biggest gainers of the session on the DAX were Beiersdorf AG O.N. (DE: BEIG ), which rose 0.83% or 0.780 points to trade at 94.280 at the close. RWE AG ST O.N. (DE: RWEG ) added 0.51% or 0.120 points to end at 23.850 and Allianz SE VNA O.N. (DE: ALVG ) was up 0.12% or 0.25 points to 205.65 in late trade.

Biggest losers included SAP SE (DE: SAPG ), which lost 3.44% or 3.500 points to trade at 98.380 in late trade. Merck KGaA (DE: MRCG ) declined 2.63% or 2.69 points to end at 99.76 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) shed 2.62% or 2.38 points to 88.34.

The top performers on the MDAX were Carl Zeiss Meditec AG (DE: AFXG ) which rose 1.89% to 75.300, Axel Springer SE (DE: SPRGn ) which was up 1.55% to settle at 48.600 and Gerresheimer AG (DE: GXIG ) which gained 1.45% to close at 69.850.

The worst performers were Leoni AG (DE: LEOGn ) which was down 3.76% to 19.730 in late trade, MTU Aero Engines NA O.N. (DE: MTXGn ) which lost 3.70% to settle at 203.20 and Rocket Internet (DE: RKET ) which was down 3.51% to 22.56 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE: COKG ) which rose 3.84% to 43.840, Carl Zeiss Meditec AG (DE: AFXG ) which was up 1.89% to settle at 75.300 and Dialog Semiconductor (DE: DLGS ) which gained 0.59% to close at 30.6300.

The worst performers were Medigene NA O.N. (DE: MDG1k ) which was down 4.38% to 9.500 in late trade, SMA Solar Technology AG (DE: S92G ) which lost 3.62% to settle at 20.240 and SAP SE (DE: SAPG ) which was down 3.44% to 98.380 at the close.

Declining stocks outnumbered rising ones by 470 to 224 and 83 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 2.36% to 15.17.

In commodities trading, Gold Futures for June delivery was up 0.51% or 6.65 to $1308.55 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.51% or 0.33 to hit $64.07 a barrel, while the June Brent oil contract fell 0.65% or 0.46 to trade at $70.64 a barrel.

EUR/USD was up 0.04% to 1.1264, while EUR/GBP rose 0.11% to 0.8626.

The US Dollar Index Futures was down 0.04% at 96.613.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or


Related Articles