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Germany shares lower at close of trade; DAX down 0.69%

Published 28/12/2017, 17:15
© Reuters.  Germany shares lower at close of trade; DAX down 0.69%

Investing.com – Germany equities were lower at the close on Thursday, as losses in the Industrials, Telecoms and Software sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.69%, while the MDAX index lost 0.33%, and the TecDAX index fell 0.53%.

The biggest gainers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 1.09% or 0.980 points to trade at 90.770 at the close. Deutsche Lufthansa AG (DE:LHAG) added 0.14% or 0.045 points to end at 31.120 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was unchanged 0.00% or 0.00 points to 110.40 in late trade.

Biggest losers included Deutsche Post AG NA O.N. (DE:DPWGn), which lost 1.17% or 0.475 points to trade at 40.135 in late trade. SAP SE (DE:SAPG) declined 1.15% or 1.090 points to end at 93.890 and Deutsche Telekom AG Na (DE:DTEGn) shed 1.10% or 0.165 points to 14.830.

The top performers on the MDAX were Metro AG (DE:MEOG) which rose 3.95% to 12.240, Steinhoff International Holdings NV (DE:SNHG) which was up 2.98% to settle at 0.31 and Suedzucker AG (DE:SZUG) which gained 2.24% to close at 18.030.

The worst performers were Airbus Group SE (F:AIRG) which was down 1.86% to 83.731 in late trade, Rheinmetall AG (DE:RHMG) which lost 1.43% to settle at 106.650 and CTS Eventim AG (DE:EVDG) which was down 1.38% to 38.660 at the close.

The top performers on the TecDAX were GFT Technologies AG (DE:GFTG) which rose 2.30% to 12.925, Nordex SE O.N. (DE:NDXG) which was up 1.73% to settle at 8.835 and Dialog Semiconductor (DE:DLGS) which gained 0.88% to close at 25.320.

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The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 4.04% to 12.580 in late trade, Qiagen NV (DE:QGEN) which lost 1.83% to settle at 26.030 and Evotec AG O.N. (DE:EVTG) which was down 1.78% to 13.785 at the close.

Declining stocks outnumbered rising ones by 452 to 323 and 39 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 6.46% to 14.12.

In commodities trading, Gold Futures for February delivery was up 0.35% or 4.50 to $1295.90 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.05% or 0.03 to hit $59.61 a barrel, while the March Brent oil contract fell 0.20% or 0.13 to trade at $65.86 a barrel.

EUR/USD was up 0.48% to 1.1953, while EUR/GBP rose 0.12% to 0.8888.

The US Dollar Index Futures was down 0.38% at 92.31.

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