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Germany shares lower at close of trade; DAX down 1.08%

Published 05/10/2018, 17:15
Updated 05/10/2018, 17:15
© Reuters.  Germany shares lower at close of trade; DAX down 1.08%

Investing.com – Germany equities were lower at the close on Friday, as losses in the Basic Resources, Construction and Utilities sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 1.08%, while the MDAX index lost 1.38%, and the TecDAX index declined 2.13%.

The biggest gainers of the session on the DAX were Henkel & Co KGaA AG Pref (DE:HNKG_p), which rose 1.11% or 1.10 points to trade at 100.50 at the close. Linde AG 1 (DE:LIN1) added 0.76% or 1.6000 points to end at 211.2000 and Merck KGaA (DE:MRCG) was up 0.72% or 0.64 points to 89.44 in late trade.

Biggest losers included RWE AG ST O.N. (DE:RWEG), which lost 8.72% or 1.782 points to trade at 18.648 in late trade. Heidelbergcement AG O.N. (DE:HEIG) declined 4.15% or 2.820 points to end at 65.060 and Covestro AG (DE:1COV) shed 2.92% or 2.000 points to 66.600.

The top performers on the MDAX were Uniper SE (DE:UN01) which rose 1.62% to 25.750, Deutsche Pfandbriefbank AG (DE:PBBG) which was up 1.07% to settle at 13.24 and Stroeer SE (DE:SAXG) which gained 0.49% to close at 49.320.

The worst performers were Scout24 AG (DE:G24n) which was down 5.71% to 36.000 in late trade, Aurubis AG (DE:NAFG) which lost 5.09% to settle at 57.400 and Kion Group AG (DE:KGX) which was down 3.69% to 49.83 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 1.21% to 20.020, Nordex SE O.N. (DE:NDXG) which was down 0.12% to settle at 8.180 and Qiagen NV (DE:QIA) which lost 0.41% to close at 31.570.

The worst performers were RIB Software AG Na (DE:RIB) which was down 8.59% to 16.290 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 6.06% to settle at 54.250 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 5.79% to 125.20 at the close.

Declining stocks outnumbered rising ones by 535 to 167 and 72 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.94% to 16.85.

In commodities trading, Gold Futures for December delivery was up 0.33% or 4.00 to $1205.60 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.15% or 0.11 to hit $74.44 a barrel, while the December Brent oil contract fell 0.09% or 0.08 to trade at $84.50 a barrel.

EUR/USD was down 0.08% to 1.1506, while EUR/GBP fell 0.61% to 0.8788.

The US Dollar Index Futures was down 0.02% at 95.41.

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