Germany stocks lower at close of trade; DAX down 0.33%

Germany stocks lower at close of trade; DAX down 0.33%

Germany stocks lower at close of trade; DAX down 0.33%
Stock Market
Thursday, July 11, 2019 - 17:15

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Basic Resources, Food&Beverages and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.33%, while the MDAX index declined 0.24%, and the TecDAX index fell 0.91%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 4.28% or 2.900 points to trade at 70.640 at the close. Meanwhile, Fresenius SE&Co KGAA O.N. (DE:FREG) added 3.16% or 1.455 points to end at 47.570 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 0.93% or 0.061 points to 6.591 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 2.54% or 3.00 points to trade at 115.22 at the close. Wirecard AG (DE:WDIG) declined 2.14% or 3.200 points to end at 146.300 and Covestro AG (DE:1COV) was down 2.09% or 0.860 points to 40.230.

The top performers on the MDAX were Gerresheimer AG (DE:GXIG) which rose 13.76% to 74.000, Zalando SE (DE:ZALG) which was up 1.70% to settle at 41.83 and Commerzbank AG O.N. (DE:CBKG) which gained 1.51% to close at 6.514.

The worst performers were Siemens Healthineers AG (DE:SHLG) which was down 6.02% to 35.90 in late trade, Fielmann AG (DE:FIEG) which lost 4.23% to settle at 65.700 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 3.27% to 2.307 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE:COKG) which rose 1.26% to 48.300, Software AG (DE:SOWGn) which was up 1.06% to settle at 29.480 and Bechtle AG (DE:BC8G) which gained 0.99% to close at 102.100.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 8.04% to 6.460 in late trade, SLM Solutions Group AG (DE:AM3D) which lost 7.65% to settle at 12.08 and Jenoptik AG (DE:JENGn) which was down 6.98% to 24.000 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 396 to 285 and 82 ended unchanged.

Shares in Continental AG O.N. (DE:CONG) fell to 5-year lows; losing 2.54% or 3.00 to 115.22. Shares in Telefonica Deutschland Holding AG (DE:O2Dn) fell to all time lows; losing 3.27% or 0.078 to 2.307. Shares in Medigene NA O.N. (DE:MDG1k) fell to 3-years lows; falling 8.04% or 0.565 to 6.460.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.58% to 13.76.

Gold Futures for August delivery was down 0.19% or 2.75 to $1409.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.05% or 0.03 to hit $60.40 a barrel, while the September Brent oil contract fell 0.43% or 0.29 to trade at $66.72 a barrel.

EUR/USD was up 0.04% to 1.1254, while EUR/GBP fell 0.08% to 0.8991.

The US Dollar Index Futures was unchanged 0.00% at 96.703.

© Reuters.
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