Germany shares lower at close of trade; DAX down 0.95%

  • Stock Market News
Germany shares lower at close of trade; DAX down 0.95%
Credit: © Reuters. – Germany equities were lower at the close on Friday, as losses in the Construction , Financial Services and Transportation & Logistics sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.95%, while the MDAX index lost 1.66%, and the TecDAX index fell 0.60%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE: DBKGn ), which rose 4.12% or 0.540 points to trade at 13.650 at the close. Lufthansa AG VNA O.N. (DE: LHAG ) added 1.46% or 0.160 points to end at 11.130 and Muench. Rueckvers. VNA O.N. (DE: MUVGn ) was up 1.03% or 1.700 points to 166.800 in late trade.

Biggest losers included Vonovia SE (DE: VNAn ), which lost 3.85% or 1.32 points to trade at 33.08 in late trade. Heidelbergcement AG O.N. (DE: HEIG ) declined 3.62% or 2.980 points to end at 79.260 and Deutsche Post AG NA O.N. (DE: DPWGn ) shed 2.89% or 0.830 points to 27.910.

The top performers on the MDAX were DMG Mori AG (DE: GILG ) which rose 0.57% to 42.600, Airbus Group SE (F: AIRG ) which was up 0.44% to settle at 55.601 and Rhoen Klinikum AG (DE: RHKG ) which gained 0.37% to close at 27.435.

The worst performers were Deutsche Wohnen AG Inh (DE: DWNG ) which was down 4.71% to 32.345 in late trade, Gerresheimer AG (DE: GXId ) which lost 3.42% to settle at 73.070 and Steinhoff International Holdings NV (DE: SNHG ) which was down 3.16% to 5.24 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 5.05% to 26.400, RIB Software AG Na (DE: RIB ) which was up 3.95% to settle at 9.940 and Draegerwerk VZO O.N. (DE: DRWG_p ) which gained 1.46% to close at 68.000.

The worst performers were Evotec AG O.N. (DE: EVTG ) which was down 2.76% to 4.440 in late trade, Siltronic AG (DE: WAFGn ) which lost 2.71% to settle at 23.000 and Nemetschek AG O.N. (DE: NEKG ) which was down 2.59% to 53.380 at the close.

Declining stocks outnumbered rising ones by 641 to 235 and 27 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 7.96% to 18.39.

In commodities trading, Gold for December delivery was down 0.38% or 5.15 to $1336.45 a troy ounce. Meanwhile, Crude oil for delivery in October fell 2.69% or 1.28 to hit $46.34 a barrel, while the November Brent oil contract fell 3.00% or 1.50 to trade at $48.49 a barrel.

EUR/USD was down 0.44% to 1.1210, while EUR/GBP fell 0.18% to 0.8453.

The US Dollar Index was up 0.46% at 95.48.

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

Error: File type not supported

Drop an image here or