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Germany shares lower at close of trade; DAX down 0.40%

Published 2017/07/28, 18:15
© Reuters.  Germany shares lower at close of trade; DAX down 0.40%
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Investing.com – Germany equities were lower at the close on Friday, as losses in the Basic Resources, Utilities and Food & Beverages sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.40% to hit a new 3-month low, while the MDAX index lost 0.69%, and the TecDAX index declined 1.10%.

The biggest gainers of the session on the DAX were Adidas AG (DE:ADSGN), which rose 8.79% or 15.55 points to trade at 192.55 at the close. Prosiebensat 1 Media AG (DE:PSMGn) added 0.98% or 0.325 points to end at 33.440 and Commerzbank AG O.N. (DE:CBKG) was unchanged 0.00% or 0.000 points to 11.135 in late trade.

Biggest losers included Linde AG O.N. (DE:LING), which lost 2.15% or 3.55 points to trade at 161.70 in late trade. Continental AG O.N. (DE:CONG) declined 2.03% or 4.00 points to end at 192.60 and E.ON SE NA (DE:EONGn) shed 1.95% or 0.164 points to 8.262.

The top performers on the MDAX were Airbus Group SE (F:AIRG) which rose 0.94% to 72.356, Hochtief AG (DE:HOTG) which was up 0.73% to settle at 151.50 and Brenntag AG (DE:BNRGn) which gained 0.34% to close at 48.200.

The worst performers were Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 2.30% to 34.135 in late trade, MTU Aero Engines NA O.N. (DE:MTXGn) which lost 2.11% to settle at 125.15 and Aurubis AG (DE:NAFG) which was down 1.94% to 73.820 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 5.44% to 69.420, Draegerwerk VZO O.N. (DE:DRWG_p) which was up 1.20% to settle at 97.430 and Dialog Semiconductor (DE:DLGS) which gained 0.58% to close at 37.245.

The worst performers were Aixtron SE (DE:AIXGn) which was down 5.73% to 7.352 in late trade, Qiagen NV (DE:QGEN) which lost 4.76% to settle at 28.035 and Nordex SE O.N. (DE:NDXG) which was down 2.86% to 11.550 at the close.

Declining stocks outnumbered rising ones by 553 to 214 and 23 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.44% to 13.99.

In commodities trading, Gold Futures for August delivery was up 0.72% or 9.01 to $1269.01 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.35% or 0.66 to hit $49.70 a barrel, while the September Brent oil contract rose 1.86% or 0.96 to trade at $52.45 a barrel.

EUR/USD was up 0.60% to 1.1747, while EUR/GBP rose 0.12% to 0.8949.

The US Dollar Index Futures was down 0.57% at 93.24.

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