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Germany shares lower at close of trade; DAX down 1.25%

Published 18/07/2017, 17:15
© Reuters.  Germany shares lower at close of trade; DAX down 1.25%
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BASFN
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Investing.com – Germany equities were lower at the close on Tuesday, as losses in the Retail, Chemicals and Pharmaceuticals & Healthcare sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 1.25%, while the MDAX index fell 1.04%, and the TecDAX index declined 1.25%.

The biggest gainers of the session on the DAX were Vonovia SE (DE:VNAn), which fell 0.16% or 0.06 points to trade at 34.59 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) fell 0.31% or 0.060 points to end at 19.085 and Continental AG O.N. (DE:CONG) was down 0.43% or 0.85 points to 196.80 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE:DBKGn), which lost 2.51% or 0.410 points to trade at 15.940 in late trade. BASF SE NA O.N. (DE:BASFN) declined 2.19% or 1.830 points to end at 81.780 and Linde AG O.N. (DE:LING) shed 2.10% or 3.65 points to 170.00.

The top performers on the MDAX were Fraport AG (DE:FRAG) which rose 6.14% to 84.210, Alstria Office Reit-Ag (DE:AOXG) which was up 1.66% to settle at 11.970 and CTS Eventim AG (DE:EVDG) which gained 1.16% to close at 39.690.

The worst performers were Zalando SE (DE:ZALG) which was down 8.27% to 39.21 in late trade, K+S AG NA O.N. (DE:SDFGn) which lost 2.82% to settle at 23.400 and Airbus Group SE (F:AIRG) which was down 2.48% to 72.282 at the close.

The top performers on the TecDAX were Xing AG (DE:OBCGn) which rose 0.89% to 243.85, Drillisch AG (DE:DRIG) which was up 0.36% to settle at 55.210 and Software AG O.N. (DE:SOWG) which gained 0.35% to close at 38.300.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 6.40% to 13.245 in late trade, CompuGroup Medical AG O.N. (DE:COPMa) which lost 3.20% to settle at 49.370 and Dialog Semiconductor (DE:DLGS) which was down 3.06% to 38.115 at the close.

Declining stocks outnumbered rising ones by 555 to 212 and 19 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 10.41% to 13.48.

In commodities trading, Gold Futures for August delivery was up 0.76% or 9.42 to $1243.12 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.54% or 0.25 to hit $46.27 a barrel, while the September Brent oil contract rose 0.64% or 0.31 to trade at $48.73 a barrel.

EUR/USD was up 0.87% to 1.1578, while EUR/GBP rose 0.89% to 0.8869.

The US Dollar Index Futures was down 0.64% at 94.31.

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