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Germany stocks lower at close of trade; DAX down 0.93%

Published 07/01/2016, 04:15 am
© Reuters.  Germany stocks lower at close of trade; DAX down 0.93%

Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Technology, Construction and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.93%, while the MDAX index fell 1.18%, and the TecDAX index fell 1.26%.

The best performers of the session on the DAX were Lufthansa AG VNA O.N. (DE:LHAG), which rose 1.57% or 0.235 points to trade at 15.160 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 0.96% or 0.760 points to end at 79.740 and SAP AG O.N. (DE:SAPG) was up 0.87% or 0.620 points to 72.050 in late trade.

The worst performers of the session were Bay.Motoren Werke AG ST (DE:BMWG), which fell 3.31% or 3.040 points to trade at 88.780 at the close. Continental AG O.N. (DE:CONG) declined 3.16% or 6.850 points to end at 209.800 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 3.09% or 0.400 points to 12.550.

The top performers on the MDAX were Celesio AG Nam. O.N. (DE:CLSGn) which rose 0.30% to 24.710, Rhoen-Klinikum O.N. (DE:RHKG) which was up 0.13% to settle at 27.190 and Hannover Rueckversicherung SE (DE:HNRGn) which lost 0.15% to close at 102.200.

The worst performers were Leoni AG NA O.N. (DE:LEOGn) which was down 4.18% to 33.355 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 3.98% to settle at 72.470 and Duerr AG O.N. (DE:DUEG) which was down 3.07% to 67.270 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE:COPMa) which rose 6.85% to 36.325, Adva Optical Networking SE (DE:ADAG) which was up 1.59% to settle at 10.865 and Kontron AG O.N. (DE:KBCG) which gained 1.44% to close at 3.035.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 5.61% to 29.100 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 4.20% to settle at 66.650 and SMA Solar Technology AG (DE:S92G) which was down 4.17% to 53.560 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 515 to 161 and 42 ended unchanged.

Shares in CompuGroup Medical AG O.N. (DE:COPMa) rose to all time highs; up 6.85% or 2.330 to 36.325. Shares in Dialog Semiconductor (DE:DLGS) fell to 52-week lows; falling 5.61% or 1.730 to 29.100.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.80% to 25.16.

Gold for February delivery was up 1.04% or 11.20 to $1089.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 4.53% or 1.63 to hit $34.34 a barrel, while the February Brent oil contract fell 4.98% or 1.81 to trade at $34.60 a barrel.

EUR/USD was up 0.09% to 1.0756, while EUR/GBP rose 0.46% to 0.7360.

The US Dollar Index was up 0.04% at 99.50.

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