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Germany stocks lower at close of trade; DAX down 0.02%

Published 03/08/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.02%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Construction, Pharmaceuticals & Healthcare and Media sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.02% to hit a new 52-week low, while the MDAX index fell 0.61%, and the TecDAX index declined 2.53%.

The best performers of the session on the DAX were Siemens Energy AG (DE:ENR1n), which rose 5.95% or 1.18 points to trade at 21.00 at the close. Meanwhile, Muench. Rueckvers. VNA O.N. (DE:MUVGn) added 5.28% or 11.05 points to end at 220.20 and Adidas AG (DE:ADSGN) was up 4.54% or 8.04 points to 184.94 in late trade.

The worst performers of the session were Symrise AG Inh. O.N. (DE:SY1G), which fell 7.27% or 7.58 points to trade at 96.72 at the close. Sartorius AG VZO O.N. (DE:SATG_p) declined 5.94% or 22.40 points to end at 354.60 and Qiagen NV (DE:QIA) was down 4.84% or 1.97 points to 38.76.

The top performers on the MDAX were Deutsche Lufthansa AG (DE:LHAG) which rose 5.48% to 5.89, Lanxess AG (DE:LXSG) which was up 4.19% to settle at 36.58 and Commerzbank AG O.N. (DE:CBKG) which gained 3.92% to close at 5.86.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 9.58% to 69.26 in late trade, CTS Eventim AG (DE:EVDG) which lost 7.65% to settle at 51.20 and K&S AG (DE:SDFGn) which was down 6.66% to 22.14 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 14.65% to 40.70, Nordex SE O.N. (DE:NDXG) which was up 8.54% to settle at 17.92 and Morphosys AG O.N. (DE:MORG) which gained 1.44% to close at 21.86.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 9.58% to 69.26 in late trade, Eckert & Ziegler AG O.N. (DE:EUZG) which lost 6.15% to settle at 50.35 and Carl Zeiss Meditec AG (DE:AFXG) which was down 6.07% to 129.25 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 371 to 349 and 34 ended unchanged.

Shares in Symrise AG Inh. O.N. (DE:SY1G) fell to 52-week lows; falling 7.27% or 7.58 to 96.72. Shares in Sartorius AG VZO O.N. (DE:SATG_p) fell to 52-week lows; down 5.94% or 22.40 to 354.60. Shares in Eckert & Ziegler AG O.N. (DE:EUZG) fell to 52-week lows; losing 6.15% or 3.30 to 50.35.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.55% to 43.50.

Gold Futures for April delivery was up 2.06% or 41.05 to $2,036.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.82% or 3.37 to hit $122.77 a barrel, while the May Brent oil contract rose 3.01% or 3.71 to trade at $126.92 a barrel.

EUR/USD was up 0.88% to 1.09, while EUR/GBP rose 0.65% to 0.83.

The US Dollar Index Futures was down 0.53% at 98.77.

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