Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Germany shares lower at close of trade; DAX down 0.01%

Published 27/03/2019, 18:15
© Reuters.  Germany shares lower at close of trade; DAX down 0.01%
DE40
-
BAYGN
-
DBKGn
-
CONG
-
MBGn
-
CBKG
-
IFXGn
-
NDXG
-
MORG
-
DLGS
-
CXPFX
-
CXPHX
-
CXPPX
-
MDAXI
-
TECDAX
-
V1XI
-
JUNG_p
-
SAXG
-
KTN
-
AFXG
-
WAFGn
-
1COVG
-
DHER
-

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

At the close in Frankfurt, the DAX lost 0.01%, while the MDAX index lost 0.47%, and the TecDAX index declined 1.26%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 2.86% or 0.209 points to trade at 7.514 at the close. Covestro AG (DE:1COV) added 2.25% or 1.060 points to end at 48.070 and Daimler AG NA O.N. (DE:DAIGn) was up 1.91% or 0.960 points to 51.350 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE:IFXGn), which lost 5.87% or 1.100 points to trade at 17.655 in late trade. Continental AG O.N. (DE:CONG) declined 1.46% or 2.00 points to end at 134.55 and Bayer AG NA (DE:BAYGN) shed 1.30% or 0.74 points to 56.33.

The top performers on the MDAX were Commerzbank AG O.N. (DE:CBKG) which rose 4.97% to 7.143, Stroeer SE (DE:SAXG) which was up 3.64% to settle at 51.300 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 3.05% to close at 28.340.

The worst performers were Siltronic AG (DE:WAFGn) which was down 5.19% to 76.060 in late trade, Delivery Hero AG (DE:DHER) which lost 4.26% to settle at 31.92 and Morphosys AG O.N. (DE:MORG) which was down 2.68% to 81.5500 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 10.30% to 14.570, Carl Zeiss Meditec AG (DE:AFXG) which was up 0.51% to settle at 78.650 and S&T AG (DE:SANT1) which gained 0.19% to close at 21.62.

The worst performers were Infineon Technologies AG NA O.N. (DE:IFXGn) which was down 5.87% to 17.655 in late trade, Siltronic AG (DE:WAFGn) which lost 5.19% to settle at 76.060 and Dialog Semiconductor (DE:DLGS) which was down 4.59% to 26.2000 at the close.

Declining stocks outnumbered rising ones by 356 to 347 and 75 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.45% to 16.74.

In commodities trading, Gold Futures for June delivery was down 0.41% or 5.45 to $1315.95 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.83% or 0.50 to hit $59.44 a barrel, while the June Brent oil contract fell 0.10% or 0.07 to trade at $67.36 a barrel.

EUR/USD was down 0.07% to 1.1257, while EUR/GBP fell 0.21% to 0.8508.

The US Dollar Index Futures was up 0.14% at 96.357.

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.