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

Germany shares lower at close of trade; DAX down 0.35%

Published 08/06/2018, 17:15
© Reuters. Germany shares lower at close of trade; DAX down 0.35%
DE40
-
LHAG
-
DHLn
-
HNKG_p
-
AIR
-
CECG
-
WDIG
-
BEIG
-
FREG
-
WCHG
-
KRNG
-
NAFG
-
DLGS
-
CXPEX
-
CXPLX
-
CXPTX
-
MDAXI
-
TECDAX
-
V1XI
-
NWOn
-
KTN
-
DWNG
-
MDG1k
-
VNAn
-
WAFGn
-

Investing.com – Germany equities were lower at the close on Friday, as losses in the Transportation & Logistics, Basic Resources and Telecoms sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.35%, while the MDAX index fell 0.14%, and the TecDAX index declined 0.37%.

The biggest gainers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 1.50% or 0.60 points to trade at 40.65 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) added 0.94% or 1.00 points to end at 107.30 and Beiersdorf AG O.N. (DE:BEIG) was up 0.86% or 0.840 points to 98.000 in late trade.

Biggest losers included Deutsche Post AG NA O.N. (DE:DPWGn), which lost 4.65% or 1.520 points to trade at 31.170 in late trade. Deutsche Lufthansa AG (DE:LHAG) declined 2.46% or 0.580 points to end at 22.990 and Fresenius SE & Co KGAA O.N. (DE:FREG) shed 2.22% or 1.540 points to 67.760.

The top performers on the MDAX were Deutsche Wohnen AG (DE:DWNG) which rose 1.50% to 40.500, Airbus Group SE (DE:AIRG) which was up 1.22% to settle at 100.90 and Krones AG O.N. (DE:KRNG) which gained 1.19% to close at 118.800.

The worst performers were Metro AG (DE:MEOG) which was down 3.55% to 8.428 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 3.54% to settle at 118.65 and Aurubis AG (DE:NAFG) which was down 2.89% to 69.800 at the close.

The top performers on the TecDAX were Xing AG (DE:OBCGn) which rose 2.37% to 281.00, Wirecard AG (DE:WDIG) which was up 1.83% to settle at 142.000 and S&T AG (F:SANT1) which gained 1.79% to close at 19.860.

The worst performers were Siltronic AG (DE:WAFGn) which was down 5.10% to 140.450 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 4.55% to settle at 13.000 and Dialog Semiconductor (DE:DLGS) which was down 4.01% to 15.065 at the close.

Declining stocks outnumbered rising ones by 399 to 303 and 82 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.74% to 15.80.

In commodities trading, Gold Futures for August delivery was down 0.02% or 0.20 to $1302.80 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.59% or 0.39 to hit $65.56 a barrel, while the August Brent oil contract fell 1.06% or 0.82 to trade at $76.50 a barrel.

EUR/USD was down 0.24% to 1.1771, while EUR/GBP fell 0.09% to 0.8782.

The US Dollar Index Futures was up 0.13% at 93.55.

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.