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Germany shares lower at close of trade; DAX down 0.22%

Published 18/08/2018, 02:15 am
© Reuters.  Germany shares lower at close of trade; DAX down 0.22%
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Investing.com – Germany equities were lower at the close on Friday, as losses in the Construction, Technology and Basic Resources sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.22%, while the MDAX index fell 0.20%, and the TecDAX index declined 0.25%.

The biggest gainers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 1.75% or 1.35 points to trade at 78.40 at the close. E.ON SE NA (DE:EONGn) added 0.93% or 0.088 points to end at 9.520 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 0.59% or 0.180 points to 30.750 in late trade.

Biggest losers included Heidelbergcement AG O.N. (DE:HEIG), which lost 2.62% or 1.840 points to trade at 68.500 in late trade. Thyssenkrupp AG O.N. (DE:TKAG) declined 1.78% or 0.350 points to end at 19.330 and Deutsche Bank AG NA O.N. (DE:DBKGn) shed 1.26% or 0.125 points to 9.758.

The top performers on the MDAX were Rocket Internet (DE:RKET) which rose 2.16% to 29.30, Uniper SE (DE:UN01) which was up 1.98% to settle at 25.300 and Rheinmetall AG (DE:RHMG) which gained 1.76% to close at 95.820.

The worst performers were Metro Wholesale & Food Specialist AG (DE:B4B) which was down 3.97% to 11.6050 in late trade, Aareal Bank AG (DE:ARLG) which lost 2.58% to settle at 35.450 and K+S AG NA O.N. (DE:SDFGn) which was down 2.04% to 19.185 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 1.87% to 30.500, Wirecard AG (DE:WDIG) which was up 1.48% to settle at 178.800 and Drillisch AG (DE:DRIG) which gained 0.97% to close at 45.620.

The worst performers were Siltronic AG (DE:WAFGn) which was down 3.94% to 118.150 in late trade, S&T AG (DE:SANT1) which lost 3.85% to settle at 24.00 and Freenet AG NA (DE:FNTGn) which was down 3.15% to 23.640 at the close.

Declining stocks outnumbered rising ones by 424 to 277 and 78 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.52% to 17.95.

In commodities trading, Gold Futures for December delivery was up 0.12% or 1.40 to $1185.40 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.52% or 0.34 to hit $65.80 a barrel, while the October Brent oil contract rose 0.45% or 0.32 to trade at $71.75 a barrel.

EUR/USD was up 0.31% to 1.1413, while EUR/GBP rose 0.15% to 0.8960.

The US Dollar Index Futures was down 0.33% at 96.16.

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