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Germany stocks lower at close of trade; DAX down 0.06%

Published 05/15/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.06%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Basic Resources, Retail and Software sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.06%, while the MDAX index fell 0.28%, and the TecDAX index declined 0.04%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 3.87% or 0.410 points to trade at 11.006 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 1.28% or 2.20 points to end at 173.54 and RWE AG ST O.N. (DE:RWEG) was up 1.20% or 0.240 points to 20.230 in late trade.

The worst performers of the session were Thyssenkrupp AG O.N. (DE:TKAG), which fell 6.06% or 1.410 points to trade at 21.840 at the close. Merck KGaA (DE:MRCG) declined 5.96% or 5.07 points to end at 79.97 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.66% or 0.190 points to 11.280.

The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 1.98% to 86.340, Osram Licht AG (DE:OSRn) which was up 1.47% to settle at 51.22 and Hannover Rueck SE (DE:HNRGn) which gained 1.16% to close at 113.80.

The worst performers were Aurubis AG (DE:NAFG) which was down 3.74% to 74.120 in late trade, Metro Wholesale & Food Specialist AG (DE:B4B) which lost 3.68% to settle at 11.2500 and Zalando SE (DE:ZALG) which was down 1.99% to 43.24 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 9.41% to 9.696, Nemetschek AG O.N. (DE:NEKG) which was up 4.73% to settle at 110.700 and GFT Technologies AG (DE:GFTG) which gained 3.70% to close at 14.560.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 4.42% to 18.830 in late trade, Evotec AG O.N. (DE:EVTG) which lost 2.55% to settle at 12.600 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.28% to 3.943 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 358 to 338 and 76 ended unchanged.

Shares in Metro Wholesale & Food Specialist AG (DE:B4B) fell to all time lows; losing 3.68% or 0.4300 to 11.2500. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; up 4.73% or 5.000 to 110.700.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.37% to 14.71.

Gold Futures for June delivery was down 2.00% or 26.40 to $1291.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.34% or 0.24 to hit $70.72 a barrel, while the July Brent oil contract rose 0.66% or 0.52 to trade at $78.75 a barrel.

EUR/USD was down 0.60% to 1.1856, while EUR/GBP fell 0.27% to 0.8776.

The US Dollar Index Futures was up 0.52% at 93.03.

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