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Germany shares lower at close of trade; DAX down 0.52%

Published 07/04/2018, 02:15 am
© Reuters.  Germany shares lower at close of trade; DAX down 0.52%

Investing.com – Germany equities were lower at the close on Friday, as losses in the Basic Resources, Technology and Construction sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.52%, while the MDAX index declined 0.13%, and the TecDAX index lost 0.50%.

The biggest gainers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 2.66% or 0.750 points to trade at 28.980 at the close. Deutsche Lufthansa AG (DE:LHAG) added 2.01% or 0.520 points to end at 26.350 and Bayerische Motoren Werke AG (DE:BMWG) was up 0.30% or 0.270 points to 88.970 in late trade.

Biggest losers included Daimler AG NA O.N. (DE:DAIGn), which lost 6.07% or 4.225 points to trade at 65.385 in late trade. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 2.64% or 0.308 points to end at 11.352 and Thyssenkrupp AG O.N. (DE:TKAG) shed 1.28% or 0.280 points to 21.640.

The top performers on the MDAX were Osram Licht AG (F:OSRn) which rose 2.53% to 59.940, Deutsche Euroshop AG (DE:DEQGn) which was up 1.24% to settle at 29.360 and Norma Group AG NA O.N. (DE:NOEJ) which gained 1.09% to close at 60.300.

The worst performers were Aareal Bank AG (DE:ARLG) which was down 3.34% to 38.820 in late trade, Krones AG O.N. (DE:KRNG) which lost 3.11% to settle at 102.700 and Salzgitter AG (DE:SZGG) which was down 3.09% to 40.470 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 4.81% to 5.230, Cancom SE O.N. (DE:COKG) which was up 2.57% to settle at 89.750 and Nemetschek AG O.N. (DE:NEKG) which gained 2.49% to close at 94.750.

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The worst performers were Evotec AG O.N. (DE:EVTG) which was down 4.10% to 14.390 in late trade, Siltronic AG (DE:WAFGn) which lost 3.65% to settle at 135.900 and RIB Software AG Na (DE:RIB) which was down 3.55% to 18.500 at the close.

Declining stocks outnumbered rising ones by 414 to 265 and 83 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.95% to 18.71.

In commodities trading, Gold Futures for June delivery was up 0.55% or 7.30 to $1335.80 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.89% or 1.20 to hit $62.34 a barrel, while the June Brent oil contract fell 1.38% or 0.94 to trade at $67.39 a barrel.

EUR/USD was up 0.27% to 1.2274, while EUR/GBP fell 0.33% to 0.8713.

The US Dollar Index Futures was down 0.29% at 89.86.

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