Germany shares lower at close of trade; DAX down 0.61%

  • Stock Market News
Germany shares lower at close of trade; DAX down 0.61%
Credit: © Reuters. – Germany equities were lower at the close on Wednesday, as losses in the Consumer & Cyclical , Media and Software sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.61%, while the MDAX index lost 0.94%, and the TecDAX index lost 0.66%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 3.38% or 0.206 points to trade at 6.306 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 2.52% or 0.325 points to end at 13.210 and Muench. Rueckvers. VNA O.N. (DE: MUVGn ) was up 1.03% or 1.650 points to 162.050 in late trade.

Biggest losers included Prosiebensat 1 Media AG (DE: PSMGn ), which lost 3.01% or 1.195 points to trade at 38.560 in late trade. Deutsche Boerse AG (DE: DB1Gn ) declined 2.29% or 1.680 points to end at 71.630 and Adidas AG NA O.N. (DE: ADSGN ) shed 2.14% or 3.250 points to 148.950.

The top performers on the MDAX were Deutsche Pfandbriefbank AG (DE: PBBG ) which rose 1.85% to 8.71, Airbus Group SE (F: AIRG ) which was up 1.27% to settle at 52.152 and Talanx AG NA O.N. (DE: TLXGn ) which gained 1.00% to close at 26.200.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was down 7.53% to 5.39 in late trade, Wacker Chemie O.N. (DE: WCHG ) which lost 3.47% to settle at 83.340 and STADA Arzneimittel VNA O.N. (DE: STAGn ) which was down 2.55% to 48.140 at the close.

The top performers on the TecDAX were Siltronic AG (DE: WAFGn ) which rose 4.47% to 19.275, Draegerwerk VZO O.N. (DE: DRWG_p ) which was up 1.44% to settle at 62.740 and STRATEC Biomedical AG (DE: SBSG ) which gained 1.32% to close at 55.850.

The worst performers were Slm Solution G (DE: AM3D ) which was down 3.17% to 27.21 in late trade, SMA Solar Technology AG (DE: S92G ) which lost 2.74% to settle at 31.420 and Nemetschek AG O.N. (DE: NEKG ) which was down 2.15% to 53.360 at the close.

Declining stocks outnumbered rising ones by 535 to 345 and 23 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 0.86% to 18.88.

In commodities trading, Gold for December delivery was down 0.31% or 4.05 to $1312.45 a troy ounce. Meanwhile, Crude oil for delivery in October fell 3.02% or 1.40 to hit $44.95 a barrel, while the November Brent oil contract fell 3.04% or 1.48 to trade at $47.25 a barrel.

EUR/USD was up 0.13% to 1.1157, while EUR/GBP fell 0.29% to 0.8494.

The US Dollar Index was down 0.04% at 96.01.

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

Error: File type not supported

Drop an image here or