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Germany shares lower at close of trade; DAX down 1.44%

Published 21/12/2018, 04:15 am
Updated 21/12/2018, 04:15 am
© Reuters.  Germany shares lower at close of trade; DAX down 1.44%

Investing.com – Germany equities were lower at the close on Thursday, as losses in the Technology, Food & Beverages and Retail sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 1.44% to hit a new 52-week low, while the MDAX index lost 2.08%, and the TecDAX index lost 2.53%.

The biggest gainers of the session on the DAX were Henkel & Co KGaA AG Pref (DE:HNKG_p), which rose 1.12% or 1.08 points to trade at 97.48 at the close. Merck KGaA (DE:MRCG) added 0.13% or 0.12 points to end at 93.60 and Deutsche Boerse AG (DE:DB1Gn) was up 0.05% or 0.050 points to 104.900 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE:DBKGn), which lost 7.04% or 0.530 points to trade at 7.000 in late trade. Wirecard AG (DE:WDIG) declined 5.22% or 7.100 points to end at 128.850 and Thyssenkrupp AG O.N. (DE:TKAG) shed 3.61% or 0.580 points to 15.500.

The top performers on the MDAX were Metro AG (DE:CECG) which rose 4.43% to 3.091, Brenntag AG (DE:BNRGn) which was up 0.77% to settle at 37.750 and Uniper SE (DE:UN01) which gained 0.51% to close at 21.890.

The worst performers were Zalando SE (DE:ZALG) which was down 7.75% to 22.50 in late trade, Commerzbank AG O.N. (DE:CBKG) which lost 6.55% to settle at 5.781 and CTS Eventim AG (DE:EVDG) which was down 5.27% to 32.720 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 4.70% to 7.680, Metro AG ST O.N. (DE:CECG) which was up 4.43% to settle at 3.091 and SLM Solutions Group AG (DE:AM3D) which gained 1.14% to close at 10.64.

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The worst performers were Aumann AG (DE:AAGG) which was down 5.17% to 27.5000 in late trade, Patrizia Immobilien AG (DE:PATGn) which lost 5.12% to settle at 16.670 and Nordex SE O.N. (DE:NDXG) which was down 4.81% to 7.840 at the close.

Declining stocks outnumbered rising ones by 616 to 105 and 51 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.50% to 21.38.

In commodities trading, Gold Futures for February delivery was up 0.61% or 7.70 to $1264.10 a troy ounce. Meanwhile, Crude oil for delivery in February fell 4.26% or 2.05 to hit $46.12 a barrel, while the February Brent oil contract fell 3.93% or 2.25 to trade at $54.99 a barrel.

EUR/USD was up 0.69% to 1.1454, while EUR/GBP rose 0.26% to 0.9044.

The US Dollar Index Futures was down 0.60% at 95.903.

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