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

Published 05/18/2017, 12:15 PM
Updated 05/18/2017, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.33%

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

At the close in Frankfurt, the DAX fell 0.33%, while the MDAX index declined 0.16%, and the TecDAX index declined 0.11%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 1.02% or 0.830 points to trade at 82.250 at the close. Meanwhile, Bayer AG NA (DE:BAYGN) added 0.73% or 0.85 points to end at 116.75 and Adidas AG (DE:ADSGN) was up 0.29% or 0.50 points to 174.35 in late trade.

The worst performers of the session were Deutsche Boerse AG (DE:DB1Gn), which fell 3.94% or 3.650 points to trade at 89.000 at the close. Merck KGaA (DE:MRCG) declined 2.55% or 2.85 points to end at 108.70 and Lufthansa AG VNA O.N. (DE:LHAG) was down 1.78% or 0.295 points to 16.250.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 2.33% to 4.66, CTS Eventim AG (DE:EVDG) which was up 1.57% to settle at 35.305 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 1.33% to close at 12.20.

The worst performers were LEG Immobilien AG (DE:LEGn) which was down 3.57% to 82.040 in late trade, Krones AG O.N. (DE:KRNG) which lost 3.57% to settle at 106.650 and Suedzucker AG (DE:SZUG) which was down 3.44% to 19.505 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 1.96% to 23.715, Morphosys AG O.N. (DE:MORG) which was up 1.24% to settle at 58.580 and Pfeiffer Vacuum Technology O.N. (DE:PV) which gained 1.11% to close at 122.80.

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The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 4.62% to 10.015 in late trade, Cancom SE O.N. (DE:COKG) which lost 2.50% to settle at 49.480 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.16% to 4.122 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 524 to 231 and 15 ended unchanged.

Shares in Pfeiffer Vacuum Technology O.N. (DE:PV) rose to all time highs; gaining 1.11% or 1.35 to 122.80.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.99% to 15.35.

Gold Futures for June delivery was down 0.30% or 3.81 to $1254.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.77% or 0.38 to hit $49.45 a barrel, while the July Brent oil contract rose 0.73% or 0.38 to trade at $52.59 a barrel.

EUR/USD was down 0.26% to 1.1130, while EUR/GBP fell 0.52% to 0.8560.

The US Dollar Index Futures was up 0.14% at 97.48.

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