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Germany stocks lower at close of trade; DAX down 0.85%

Published 07/09/2019, 01:15 PM
Updated 07/09/2019, 01:38 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.85%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Basic Resources, Technology and Construction sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.85%, while the MDAX index declined 0.25%, and the TecDAX index declined 0.69%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 0.99% or 0.44 points to trade at 44.89 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 0.61% or 1.70 points to end at 281.70 and E.ON SE NA (DE:EONGn) was up 0.38% or 0.037 points to 9.670 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (DE:FMEG), which fell 5.39% or 3.800 points to trade at 66.680 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 4.17% or 0.283 points to end at 6.505 and Thyssenkrupp AG O.N. (DE:TKAG) was down 4.06% or 0.495 points to 11.700.

The top performers on the MDAX were Drillisch AG (DE:DRIG) which rose 2.36% to 31.220, Tag Immobilien AG (DE:TEGG) which was up 2.31% to settle at 21.240 and LEG Immobilien AG (DE:LEGn) which gained 1.90% to close at 107.300.

The worst performers were Aurubis AG (DE:NAFG) which was down 4.68% to 41.300 in late trade, Hella KGaA Hueck & Co (DE:HLE) which lost 3.74% to settle at 40.62 and Dialog Semiconductor (DE:DLGS) which was down 3.48% to 35.480 at the close.

The top performers on the TecDAX were Drillisch AG (DE:DRIG) which rose 2.36% to 31.220, Telefonica Deutschland Holding AG (DE:O2Dn) which was up 0.53% to settle at 2.449 and Nemetschek AG O.N. (DE:NEKG) which gained 0.36% to close at 56.050.

The worst performers were Aixtron SE NA O.N. (DE:AIXGn) which was down 3.81% to 8.0200 in late trade, SMA Solar Technology AG (DE:S92G) which lost 3.70% to settle at 24.440 and Dialog Semiconductor (DE:DLGS) which was down 3.48% to 35.4800 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 451 to 223 and 87 ended unchanged.

Shares in Adidas AG (DE:ADSGN) rose to all time highs; rising 0.61% or 1.70 to 281.70.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.34% to 13.60.

Gold Futures for August delivery was up 0.03% or 0.45 to $1400.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.19% or 0.11 to hit $57.77 a barrel, while the September Brent oil contract rose 0.05% or 0.03 to trade at $64.14 a barrel.

EUR/USD was down 0.01% to 1.1213, while EUR/GBP rose 0.36% to 0.8992.

The US Dollar Index Futures was up 0.08% at 97.065.

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