📈 69% of S&P 500 stocks beating the index - a historic record! Pick the best ones with AI.See top stocks

Germany shares lower at close of trade; DAX down 2.62%

Published 2018/02/08, 19:15
© Reuters.  Germany shares lower at close of trade; DAX down 2.62%
DE40
-
LHAG
-
MBGn
-
MRCG
-
IFXGn
-
WCHG
-
HNRGn
-
RWEG
-
CXPEX
-
CXPHX
-
CXPLX
-
MDAXI
-
TECDAX
-
V1XI
-
SAXG
-
COP1n
-
KTN
-
VOWG_p
-
MDG1k
-
O2Dn
-
SNHJ
-
AM3D
-
WAFGn
-
1COV
-
IGY
-

Investing.com – Germany equities were lower at the close on Thursday, as losses in the Technology, Transportation & Logistics and Basic Resources sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 2.62% to hit a new 3-month low, while the MDAX index declined 2.51%, and the TecDAX index lost 4.03%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which fell 0.29% or 0.045 points to trade at 15.510 at the close. Daimler AG NA O.N. (DE:DAIGn) fell 0.45% or 0.320 points to end at 70.330 and Merck KGaA (DE:MRCG) was down 1.04% or 0.86 points to 82.18 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE:IFXGn), which lost 5.38% or 1.210 points to trade at 21.260 in late trade. Deutsche Lufthansa AG (DE:LHAG) declined 5.23% or 1.460 points to end at 26.460 and Volkswagen AG VZO O.N. (DE:VOWG_p) shed 3.84% or 6.58 points to 164.80.

The top performers on the MDAX were Innogy SE (DE:IGY) which rose 1.52% to 30.800, Hannover Rueck SE (DE:HNRGn) which was up 0.83% to settle at 109.50 and Stroeer SE (DE:SAXG) which gained 0.34% to close at 59.200.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 8.89% to 0.40 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 5.86% to settle at 139.85 and Covestro AG (DE:1COV) which was down 5.47% to 85.060 at the close.

The top performers on the TecDAX were Slm Solution G (DE:AM3D) which fell 1.02% to 38.85, Telefonica Deutschland Holding AG (DE:O2Dn) which was down 1.64% to settle at 3.908 and CompuGroup Medical AG O.N. (DE:COPMa) which lost 1.68% to close at 46.880.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 10.61% to 15.510 in late trade, S&T AG (F:SANT1) which lost 9.88% to settle at 19.880 and Siltronic AG (DE:WAFGn) which was down 8.58% to 112.900 at the close.

Declining stocks outnumbered rising ones by 594 to 153 and 54 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 28.35% to 26.57 a new 52-week high.

In commodities trading, Gold Futures for April delivery was up 0.40% or 5.20 to $1319.80 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.36% or 0.84 to hit $60.95 a barrel, while the April Brent oil contract fell 1.11% or 0.73 to trade at $64.78 a barrel.

EUR/USD was down 0.23% to 1.2234, while EUR/GBP fell 0.46% to 0.8795.

The US Dollar Index Futures was up 0.12% at 90.27.

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.