Germany shares lower at close of trade; DAX down 0.25%

  • Investing.com
  • Stock Market News
Germany shares lower at close of trade; DAX down 0.25%
Credit: © Reuters.

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

At the close in Frankfurt, the DAX lost 0.25%, while the MDAX index lost 0.55%, and the TecDAX index declined 2.85%.

The biggest gainers of the session on the DAX were Beiersdorf AG O.N. (DE: BEIG ), which rose 3.52% or 3.080 points to trade at 90.460 at the close. Merck KGaA (DE: MRCG ) added 2.52% or 1.92 points to end at 77.96 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was up 2.01% or 2.10 points to 106.50 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE: IFXGn ), which lost 4.01% or 0.900 points to trade at 21.560 in late trade. Deutsche Lufthansa AG (DE: LHAG ) declined 2.87% or 0.740 points to end at 25.020 and Commerzbank AG O.N. (DE: CBKG ) shed 1.90% or 0.206 points to 10.644.

The top performers on the MDAX were Uniper SE (DE: UN01 ) which rose 2.42% to 24.940, Tag Immobilien AG (DE: TEGG ) which was up 1.95% to settle at 16.710 and Talanx AG NA O.N. (DE: TLXGn ) which gained 1.91% to close at 35.280.

The worst performers were Aurubis AG (DE: NAFG ) which was down 3.43% to 65.860 in late trade, Salzgitter AG (DE: SZGG ) which lost 3.39% to settle at 40.230 and Leoni AG (DE: LEOGn ) which was down 2.92% to 51.180 at the close.

The top performers on the TecDAX were Freenet AG NA (DE: FNTGn ) which rose 0.82% to 24.470, GFT Technologies AG (DE: GFTG ) which was up 0.23% to settle at 13.000 and Telefonica Deutschland Holding AG (DE: O2Dn ) which lost 0.03% to close at 3.749.

The worst performers were Dialog Semiconductor (DE: DLGS ) which was down 13.14% to 19.977 in late trade, SMA Solar Technology AG (DE: S92G ) which lost 11.07% to settle at 47.400 and Nordex SE O.N. (DE: NDXG ) which was down 9.67% to 7.158 at the close.

Declining stocks outnumbered rising ones by 496 to 221 and 57 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 5.00% to 20.65.

In commodities trading, Gold Futures for April delivery was down 1.27% or 17.10 to $1324.90 a troy ounce. Meanwhile, Crude oil for delivery in May fell 2.21% or 1.44 to hit $63.81 a barrel, while the June Brent oil contract fell 1.97% or 1.37 to trade at $68.09 a barrel.

EUR/USD was down 0.44% to 1.2348, while EUR/GBP fell 0.15% to 0.8752.

The US Dollar Index Futures was up 0.56% at 89.46.

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

Error: File type not supported

Drop an image here or

100