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Germany shares lower at close of trade; DAX down 1.55%

Published 04/01/2019, 04:15 am
© Reuters.  Germany shares lower at close of trade; DAX down 1.55%
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Investing.com – Germany equities were lower at the close on Thursday, as losses in the Technology, Software and Industrials sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.55%, while the MDAX index lost 1.39%, and the TecDAX index fell 2.92%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 1.17% or 0.225 points to trade at 19.525 at the close. E.ON SE NA (DE:EONGn) added 1.10% or 0.098 points to end at 8.998 and Deutsche Telekom AG Na (DE:DTEGn) was up 0.74% or 0.110 points to 14.930 in late trade.

Biggest losers included Wirecard AG (DE:WDIG), which lost 5.85% or 7.900 points to trade at 127.050 in late trade. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 4.69% or 0.815 points to end at 16.575 and Fresenius SE & Co KGAA O.N. (DE:FREG) shed 4.59% or 1.980 points to 41.200.

The top performers on the MDAX were Zalando SE (DE:ZALG) which rose 4.40% to 23.97, Grand City Properties SA (DE:GYC) which was up 1.91% to settle at 19.20 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 1.61% to close at 8.82.

The worst performers were Bechtle AG (DE:BC8G) which was down 8.92% to 62.300 in late trade, Delivery Hero AG (DE:DHER) which lost 7.63% to settle at 29.52 and Wacker Chemie O.N. (DE:WCHG) which was down 5.49% to 75.02 at the close.

The top performers on the TecDAX were Hamburger Hafen Und Logistik A-SP (DE:HHFGn) which rose 3.16% to 17.970, VTG AG O.N. (DE:VT9G) which was up 2.82% to settle at 51.000 and Steinhoff International Holdings NV (DE:SNHG) which unchanged 3.45% to close at 0.10.

The worst performers were Aixtron SE NA O.N. (DE:AIXGn) which was down 10.28% to 7.8560 in late trade, Dialog Semiconductor (DE:DLGS) which lost 9.70% to settle at 19.4950 and SAF Holland SA (DE:SFQN) which was down 9.48% to 10.030 at the close.

Declining stocks outnumbered rising ones by 442 to 260 and 69 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.28% to 23.78.

In commodities trading, Gold Futures for February delivery was up 0.59% or 7.60 to $1291.70 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.69% or 0.32 to hit $46.86 a barrel, while the March Brent oil contract rose 1.00% or 0.55 to trade at $55.46 a barrel.

EUR/USD was up 0.48% to 1.1397, while EUR/GBP rose 0.37% to 0.9026.

The US Dollar Index Futures was down 0.54% at 95.903.

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