⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

Germany shares lower at close of trade; DAX down 0.73%

Published 2018/10/24, 18:15
Germany shares lower at close of trade; DAX down 0.73%
DE40
-
ADSGN
-
LHAG
-
DBKGn
-
DTEGn
-
IFXGn
-
SZGG
-
KCOGn
-
NAFG
-
AIXGn
-
MTXGn
-
SZUG
-
DLGS
-
CXPEX
-
CXPHX
-
CXPOX
-
MDAXI
-
TECDAX
-
V1XI
-
TTKG
-
SATG_p
-
S92G
-
WAFGn
-
1COVG
-
DHER
-

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

At the close in Frankfurt, the DAX fell 0.73% to hit a new 52-week low, while the MDAX index declined 0.57%, and the TecDAX index fell 0.73%.

The biggest gainers of the session on the DAX were Adidas AG (DE:ADSGN), which rose 1.80% or 3.55 points to trade at 201.00 at the close. Deutsche Telekom AG Na (DE:DTEGn) added 0.90% or 0.130 points to end at 14.550 and Deutsche Lufthansa AG (DE:LHAG) was up 0.58% or 0.105 points to 18.280 in late trade.

Biggest losers included Covestro AG (DE:1COV), which lost 4.80% or 2.660 points to trade at 52.780 in late trade. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 4.76% or 0.443 points to end at 8.869 and Infineon Technologies AG NA O.N. (DE:IFXGn) shed 4.70% or 0.810 points to 16.435.

The top performers on the MDAX were MTU Aero Engines NA O.N. (DE:MTXGn) which rose 3.09% to 173.70, Delivery Hero AG (DE:DHER) which was up 2.49% to settle at 33.70 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 2.25% to close at 118.000.

The worst performers were Siltronic AG (DE:WAFGn) which was down 9.04% to 77.660 in late trade, Salzgitter AG (DE:SZGG) which lost 5.31% to settle at 34.950 and Aurubis AG (DE:NAFG) which was down 4.56% to 50.260 at the close.

The top performers on the TecDAX were Suedzucker AG (DE:SZUG) which rose 8.03% to 14.400, Takkt AG O.N. (DE:TTKG) which was up 6.23% to settle at 13.300 and SMA Solar Technology AG (DE:S92G) which gained 5.85% to close at 19.000.

The worst performers were Kloeckner & Co SE NA (DE:KCOGn) which was down 10.21% to 7.4300 in late trade, Aixtron SE NA O.N. (DE:AIXGn) which lost 9.13% to settle at 7.8000 and Dialog Semiconductor (DE:DLGS) which was down 8.25% to 18.6800 at the close.

Declining stocks outnumbered rising ones by 432 to 273 and 73 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 11.31% to 21.56 a new 6-month high.

In commodities trading, Gold Futures for December delivery was down 0.13% or 1.60 to $1231.80 a troy ounce. Meanwhile, Crude oil for delivery in December rose 1.73% or 1.15 to hit $67.58 a barrel, while the December Brent oil contract rose 1.10% or 0.84 to trade at $77.28 a barrel.

EUR/USD was down 0.69% to 1.1393, while EUR/GBP fell 0.02% to 0.8834.

The US Dollar Index Futures was up 0.44% at 96.13.

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.