Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Germany shares lower at close of trade; DAX down 0.31%

Published 27/09/2016, 17:15
Updated 27/09/2016, 17:15
© Reuters.  Germany shares lower at close of trade; DAX down 0.31%

© Reuters. Germany shares lower at close of trade; DAX down 0.31%

Investing.com – Germany equities were lower at the close on Tuesday, as losses in the Insurance, Food & Beverages and Utilities sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.31%, while the MDAX index declined 0.07%, and the TecDAX index fell 0.08%.

The biggest gainers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 1.08% or 0.37 points to trade at 34.48 at the close. Beiersdorf AG O.N. (DE:BEIG) added 0.67% or 0.560 points to end at 84.160 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 0.62% or 0.170 points to 27.600 in late trade.

Biggest losers included Lufthansa AG VNA O.N. (DE:LHAG), which lost 3.10% or 0.319 points to trade at 9.966 in late trade. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 2.58% or 3.000 points to end at 113.200 and Commerzbank AG O.N. (DE:CBKG) shed 2.18% or 0.132 points to 5.914.

The top performers on the MDAX were Covestro AG (DE:1COV) which rose 3.39% to 49.890, RTL Group SA (DE:RRTL) which was up 1.66% to settle at 73.960 and Lanxess AG (DE:LXSG) which gained 1.35% to close at 53.370.

The worst performers were K+S AG NA O.N. (DE:SDFGn) which was down 3.86% to 16.055 in late trade, Bilfinger SE O.N. (DE:GBFG) which lost 2.50% to settle at 28.300 and Duerr AG (DE:DUEG) which was down 2.25% to 74.350 at the close.

The top performers on the TecDAX were Qiagen NV (DE:QGEN) which rose 2.72% to 24.000, Slm Solution G (DE:AM3D) which was up 1.62% to settle at 42.70 and Software AG O.N. (DE:SOWG) which gained 0.76% to close at 37.175.

The worst performers were Suess Microtec NA O.N. (DE:SMHNn) which was down 3.34% to 6.300 in late trade, SMA Solar Technology AG (DE:S92G) which lost 1.76% to settle at 27.280 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 1.63% to 3.632 at the close.

Declining stocks outnumbered rising ones by 547 to 342 and 27 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.89% to 19.59.

In commodities trading, Gold for December delivery was down 1.07% or 14.35 to $1329.75 a troy ounce. Meanwhile, Crude oil for delivery in November fell 3.61% or 1.66 to hit $44.27 a barrel, while the December Brent oil contract fell 3.57% or 1.71 to trade at $46.22 a barrel.

EUR/USD was down 0.42% to 1.1207, while EUR/GBP fell 0.69% to 0.8612.

The US Dollar Index was up 0.27% at 95.47.

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.