Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Germany shares lower at close of trade; DAX down 0.75%

Published 21/03/2017, 17:15
© Reuters.  Germany shares lower at close of trade; DAX down 0.75%
DE40
-
LHAG
-
DBKGn
-
CBKG
-
BMWG
-
FMEG
-
FREG
-
SZGG
-
FRAG
-
DRWG_p
-
STAGn
-
CXPEX
-
CXPHX
-
CXPPX
-
MDAXI
-
TECDAX
-
V1XI
-
TEGG
-
GFTG
-
SATG_p
-
MDG1k
-
SBSG
-
O2Dn
-
HLE
-
1COV
-

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

At the close in Frankfurt, the DAX lost 0.75%, while the MDAX index fell 1.00%, and the TecDAX index fell 1.22%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 4.29% or 0.658 points to trade at 16.005 at the close. Commerzbank AG O.N. (DE:CBKG) added 0.77% or 0.064 points to end at 8.420 and Bayerische Motoren Werke AG (DE:BMWG) was up 0.52% or 0.430 points to 82.930 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE:FMEG), which lost 3.48% or 2.770 points to trade at 76.720 in late trade. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 3.40% or 2.570 points to end at 72.950 and Lufthansa AG VNA O.N. (DE:LHAG) shed 2.99% or 0.450 points to 14.600.

The top performers on the MDAX were Fraport AG (DE:FRAG) which rose 1.41% to 63.950, Hella KGaA Hueck & Co (DE:HLE) which was up 1.20% to settle at 40.09 and Tag Immobilien AG (DE:TEGG) which gained 0.83% to close at 12.810.

The worst performers were Salzgitter AG (DE:SZGG) which was down 4.00% to 34.580 in late trade, Covestro AG (DE:1COV) which lost 3.29% to settle at 67.820 and STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 3.17% to 54.040 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 1.56% to 4.351, STRATEC Biomedical AG (DE:SBSG) which was up 1.06% to settle at 54.570 and GFT Technologies AG (DE:GFTG) which gained 0.06% to close at 17.650.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 7.13% to 11.205 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 3.48% to settle at 78.130 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 2.39% to 88.960 at the close.

Declining stocks outnumbered rising ones by 551 to 201 and 19 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 9.75% to 13.63.

In commodities trading, Gold Futures for April delivery was up 0.96% or 11.85 to $1245.85 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.35% or 0.66 to hit $48.25 a barrel, while the May Brent oil contract fell 1.05% or 0.54 to trade at $51.08 a barrel.

EUR/USD was up 0.71% to 1.0815, while EUR/GBP fell 0.35% to 0.8660.

The US Dollar Index Futures was down 0.68% at 99.48.

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.