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Germany shares lower at close of trade; DAX down 0.41%

Published 17/04/2018, 02:15 am
© Reuters.  Germany shares lower at close of trade; DAX down 0.41%
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LHAG
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CONG
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AIR
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PV
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V1XI
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Investing.com – Germany equities were lower at the close on Monday, as losses in the Software, Basic Resources and Media sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.41%, while the MDAX index lost 0.36%, and the TecDAX index declined 0.48%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 1.59% or 0.420 points to trade at 26.910 at the close. Deutsche Boerse AG (DE:DB1Gn) added 0.46% or 0.500 points to end at 109.550 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 0.44% or 0.85 points to 192.20 in late trade.

Biggest losers included Volkswagen AG VZO O.N. (DE:VOWG_p), which lost 2.90% or 5.14 points to trade at 172.14 in late trade. Prosiebensat 1 Media AG (DE:PSMGn) declined 1.51% or 0.440 points to end at 28.700 and Continental AG O.N. (DE:CONG) shed 1.24% or 2.80 points to 222.20.

The top performers on the MDAX were GEA Group AG (DE:G1AG) which rose 3.17% to 32.860, Deutsche Pfandbriefbank AG (DE:PBBG) which was up 1.89% to settle at 12.96 and Rheinmetall AG (DE:RHMG) which gained 0.95% to close at 111.650.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 4.13% to 0.14 in late trade, Stroeer SE (DE:SAXG) which lost 2.61% to settle at 57.800 and Airbus Group SE (F:AIRG) which was down 2.40% to 90.610 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 1.41% to 129.200, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 1.22% to settle at 124.70 and Dialog Semiconductor (DE:DLGS) which gained 1.18% to close at 19.800.

The worst performers were Software AG (DE:SOWG) which was down 6.13% to 40.120 in late trade, Siltronic AG (DE:WAFGn) which lost 2.17% to settle at 146.450 and Aixtron SE (DE:AIXGn) which was down 2.13% to 16.275 at the close.

Declining stocks outnumbered rising ones by 376 to 315 and 84 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.82% to 16.15.

In commodities trading, Gold Futures for June delivery was up 0.15% or 2.00 to $1349.90 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.37% or 0.92 to hit $66.47 a barrel, while the June Brent oil contract fell 1.23% or 0.89 to trade at $71.69 a barrel.

EUR/USD was up 0.34% to 1.2372, while EUR/GBP fell 0.32% to 0.8634.

The US Dollar Index Futures was down 0.34% at 89.21.

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