Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Germany shares lower at close of trade; DAX down 0.98%

Published 19/08/2016, 17:15
© Reuters.  Germany shares lower at close of trade; DAX down 0.98%
DE40
-
SIEGn
-
DBKGn
-
HNKG_p
-
FMEG
-
IFXGn
-
CECG
-
SZGG
-
KRNG
-
DRWG_p
-
RWEG
-
NDXG
-
NAFG
-
MORG
-
CXPEX
-
CXPIX
-
CXPUX
-
MDAXI
-
TECDAX
-
V1XI
-
RIB
-
S92G
-
FIEG
-
OSRn
-
WAFGn
-

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

At the close in Frankfurt, the DAX declined 0.98%, while the MDAX index declined 0.76%, and the TecDAX index fell 0.48%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 1.42% or 0.215 points to trade at 15.315 at the close. Henkel & Co KGaA AG Pref (DE:HNKG) added 0.90% or 1.050 points to end at 117.500 and Siemens AG (DE:SIEGn) was up 0.09% or 0.100 points to 106.350 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE:FMEG), which lost 4.74% or 3.880 points to trade at 77.980 in late trade. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 3.12% or 0.385 points to end at 11.950 and RWE AG ST O.N. (DE:RWEG) shed 2.88% or 0.430 points to 14.505.

The top performers on the MDAX were Fielmann AG (DE:FIEG) which rose 1.14% to 71.800, Krones AG O.N. (DE:KRNG) which was up 0.99% to settle at 86.865 and Osram Licht AG (F:OSRn) which gained 0.62% to close at 46.507.

The worst performers were Aurubis AG (DE:NAFG) which was down 3.42% to 47.795 in late trade, Metro AG ST O.N. (DE:MEOG) which lost 3.61% to settle at 26.060 and Salzgitter AG (DE:SZGG) which was down 1.64% to 29.305 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 1.91% to 18.445, RIB Software AG Na (DE:RIB) which was up 1.48% to settle at 9.720 and Nordex SE O.N. (DE:NDXG) which gained 1.08% to close at 24.203.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Draegerwerk VZO O.N. (DE:DRWG_p) which was down 3.50% to 59.500 in late trade, Morphosys AG O.N. (DE:MORG) which lost 2.94% to settle at 37.750 and SMA Solar Technology AG (DE:S92G) which was down 2.06% to 31.350 at the close.

Declining stocks outnumbered rising ones by 539 to 328 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 17.92.

In commodities trading, Gold for December delivery was down 0.69% or 9.35 to $1347.85 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.02% or 0.01 to hit $48.23 a barrel, while the October Brent oil contract fell 0.53% or 0.27 to trade at $50.62 a barrel.

EUR/USD was down 0.28% to 1.1321, while EUR/GBP rose 0.60% to 0.8674.

The US Dollar Index was up 0.46% at 94.54.

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.