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Germany shares lower at close of trade; DAX down 1.07%

Published 25/01/2018, 04:15 am
© Reuters.  Germany shares lower at close of trade; DAX down 1.07%
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Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Food & Beverages, Technology and Utilities sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.07%, while the MDAX index lost 0.89%, and the TecDAX index declined 1.74%.

The biggest gainers of the session on the DAX were Deutsche Boerse AG (DE:DB1Gn), which rose 1.87% or 1.900 points to trade at 103.600 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) added 0.03% or 0.004 points to end at 15.882 and Adidas AG (DE:ADSGN) was down 0.24% or 0.45 points to 185.05 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE:IFXGn), which lost 3.77% or 0.940 points to trade at 23.980 in late trade. RWE AG ST O.N. (DE:RWEG) declined 3.46% or 0.610 points to end at 17.030 and E.ON SE NA (DE:EONGn) shed 3.01% or 0.273 points to 8.804.

The top performers on the MDAX were GEA Group AG (DE:G1AG) which rose 3.26% to 40.850, Norma Group AG NA O.N. (DE:NOEJ) which was up 0.96% to settle at 63.200 and Salzgitter AG (DE:SZGG) which gained 0.82% to close at 51.840.

The worst performers were Suedzucker AG (DE:SZUG) which was down 4.13% to 15.535 in late trade, Innogy SE (DE:IGY) which lost 4.02% to settle at 32.270 and Fielmann AG (DE:FIEG) which was down 2.79% to 71.450 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 20.38% to 17.900, SMA Solar Technology AG (DE:S92G) which was up 5.27% to settle at 38.320 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 3.65% to close at 90.850.

The worst performers were CompuGroup Medical AG O.N. (DE:COPMa) which was down 11.34% to 52.400 in late trade, Dialog Semiconductor (DE:DLGS) which lost 6.44% to settle at 24.120 and Evotec AG O.N. (DE:EVTG) which was down 4.03% to 14.050 at the close.

Declining stocks outnumbered rising ones by 505 to 212 and 86 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.39% to 13.46.

In commodities trading, Gold Futures for February delivery was up 1.17% or 15.70 to $1352.40 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.60% or 0.39 to hit $64.86 a barrel, while the March Brent oil contract fell 0.07% or 0.05 to trade at $69.91 a barrel.

EUR/USD was up 0.76% to 1.2392, while EUR/GBP fell 0.68% to 0.8723.

The US Dollar Index Futures was down 0.86% at 89.11.

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