🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Germany shares lower at close of trade; DAX down 1.54%

Published 11/12/2018, 04:15 am
Updated 11/12/2018, 04:17 am
© Reuters.  Germany shares lower at close of trade; DAX down 1.54%
DE40
-
BAYGN
-
DBKGn
-
FREG
-
MORG
-
CXPCX
-
CXPDX
-
CXPOX
-
MDAXI
-
TECDAX
-
V1XI
-
NOEJ
-
RIB
-
SATG_p
-
AFXG
-
PSMGn
-
SNHJ
-
TLGG
-
PBBG
-
ADJ
-
VNAn
-
1COV
-
IGY
-
AAGG
-
LIN
-

Investing.com – Germany equities were lower at the close on Monday, as losses in the Construction, Media and Chemicals sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.54% to hit a new 52-week low, while the MDAX index declined 2.06%, and the TecDAX index fell 1.41%.

The biggest gainers of the session on the DAX were Fresenius SE & Co KGAA O.N. (DE:FREG), which rose 2.28% or 0.890 points to trade at 39.880 at the close. Vonovia SE (DE:VNAn) added 1.19% or 0.50 points to end at 42.58 and Linde PLC (DE:LINI) was up 0.07% or 0.100 points to 136.300 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE:DBKGn), which lost 5.62% or 0.433 points to trade at 7.272 in late trade. Bayer AG NA (DE:BAYGN) declined 4.15% or 2.63 points to end at 60.80 and Covestro AG (DE:1COV) shed 4.14% or 1.870 points to 43.350.

The top performers on the MDAX were Morphosys AG O.N. (DE:MORG) which rose 0.46% to 98.7000, Sartorius AG VZO O.N. (DE:SATG_p) which was up 0.46% to settle at 109.700 and Innogy SE (DE:IGY) which gained 0.30% to close at 40.250.

The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 9.37% to 9.19 in late trade, Norma Group AG NA O.N. (DE:NOEJ) which lost 5.57% to settle at 46.140 and Prosiebensat 1 Media AG (DE:PSMGn) which was down 5.23% to 15.9450 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 1.72% to 67.850, ADO Properties SARL (DE:ADJ) which was up 1.02% to settle at 47.68 and TLG Immobilien AG (DE:TLGG) which gained 0.57% to close at 24.76.

The worst performers were RIB Software AG Na (DE:RIB) which was down 27.05% to 9.440 in late trade, Aumann AG (DE:AAGG) which lost 15.01% to settle at 30.3000 and Steinhoff International Holdings NV (DE:SNHG) which was down 10.18% to 0.09 at the close.

Declining stocks outnumbered rising ones by 604 to 115 and 60 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.64% to 24.09.

In commodities trading, Gold Futures for February delivery was down 0.18% or 2.20 to $1250.40 a troy ounce. Meanwhile, Crude oil for delivery in January fell 2.00% or 1.05 to hit $51.56 a barrel, while the February Brent oil contract fell 1.31% or 0.81 to trade at $60.86 a barrel.

EUR/USD was down 0.10% to 1.1368, while EUR/GBP rose 1.15% to 0.9046.

The US Dollar Index Futures was up 0.60% at 97.058.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.