Germany shares lower at close of trade; DAX down 0.83%

  • Stock Market News
Germany shares lower at close of trade; DAX down 0.83%
Credit: © Reuters. – Germany equities were lower at the close on Monday, as losses in the Food & Beverages , Technology and Retail sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.83% to hit a new 52-week low, while the MDAX index lost 0.27%, and the TecDAX index lost 1.68%.

The biggest gainers of the session on the DAX were Bayerische Motoren Werke AG (DE: BMWG ), which rose 1.22% or 1.030 points to trade at 85.210 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 0.69% or 1.06 points to end at 154.74 and Prosiebensat 1 Media AG (DE: PSMGn ) was up 0.51% or 0.140 points to 27.490 in late trade.

Biggest losers included Fresenius SE & Co KGAA O.N. (DE: FREG ), which lost 2.34% or 1.420 points to trade at 59.320 in late trade. Fresenius Medical Care KGAA ST (DE: FMEG ) declined 2.10% or 1.700 points to end at 79.400 and Infineon Technologies AG NA O.N. (DE: IFXGn ) shed 1.76% or 0.390 points to 21.790.

The top performers on the MDAX were Kion Group AG (DE: KGX ) which rose 1.97% to 73.40, Rheinmetall AG (DE: RHMG ) which was up 1.76% to settle at 113.000 and Metro AG (DE: MEOG ) which gained 1.62% to close at 9.266.

The worst performers were Suedzucker AG (DE: SZUG ) which was down 4.37% to 14.210 in late trade, Covestro AG (DE: 1COV ) which lost 2.15% to settle at 80.100 and GEA Group AG (DE: G1AG ) which was down 1.87% to 34.050 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE: EVTG ) which rose 4.60% to 15.915, GFT Technologies AG (DE: GFTG ) which was up 3.10% to settle at 13.300 and S&T AG (F: SANT1 ) which gained 2.94% to close at 21.000.

The worst performers were RIB Software AG Na (DE: RIB ) which was down 13.18% to 20.680 in late trade, Medigene NA O.N. (DE: MDG1k ) which lost 9.08% to settle at 13.020 and Draegerwerk VZO O.N. (DE: DRWG_p ) which was down 7.93% to 73.100 at the close.

Declining stocks outnumbered rising ones by 471 to 243 and 57 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 4.74% to 22.75.

In commodities trading, Gold Futures for April delivery was up 0.33% or 4.50 to $1354.40 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.46% or 0.30 to hit $65.58 a barrel, while the June Brent oil contract fell 0.40% or 0.28 to trade at $69.53 a barrel.

EUR/USD was up 0.71% to 1.2440, while EUR/GBP fell 0.02% to 0.8740.

The US Dollar Index Futures was down 0.49% at 88.66.

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

Error: File type not supported

Drop an image here or