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Germany stocks lower at close of trade; DAX down 0.07%

Published 03/24/2022, 02:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.07%
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Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Construction, Retail and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.07%, while the MDAX index lost 0.62%, and the TecDAX index lost 0.55%.

The best performers of the session on the DAX were Daimler Truck Holding AG (DE:DTGGe), which rose 7.08% or 1.70 points to trade at 25.71 at the close. Meanwhile, Linde PLC (DE:LINI) added 1.85% or 5.20 points to end at 286.70 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.78% or 0.54 points to 30.57 in late trade.

The worst performers of the session were Heidelbergcement AG O.N. (DE:HEIG), which fell 4.39% or 2.44 points to trade at 53.12 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 2.50% or 1.58 points to end at 61.70 and Siemens Healthineers AG (DE:SHLG) was down 2.49% or 1.38 points to 54.00.

The top performers on the MDAX were Rheinmetall AG (DE:RHMG) which rose 8.45% to 195.15, Aixtron SE (DE:AIXGn) which was up 2.09% to settle at 20.53 and United Internet AG NA (DE:UTDI) which gained 1.46% to close at 31.29.

The worst performers were Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 16.97% to 25.54 in late trade, Kion Group AG (DE:KGX) which lost 13.04% to settle at 62.04 and Duerr AG (DE:DUEG) which was down 4.42% to 29.86 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 9.08% to 26.07, S&T AG (DE:SANT1) which was up 3.74% to settle at 16.90 and Aixtron SE (DE:AIXGn) which gained 2.09% to close at 20.53.

The worst performers were Eckert & Ziegler AG O.N. (DE:EUZG) which was down 4.21% to 56.85 in late trade, Nagarro SE (DE:NA9n) which lost 3.64% to settle at 145.50 and Evotec AG O.N. (DE:EVTG) which was down 3.53% to 26.81 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 409 to 270 and 88 ended unchanged.

Shares in Henkel & Co KGaA AG Pref (DE:HNKG_p) fell to 5-year lows; losing 2.50% or 1.58 to 61.70. Shares in Rheinmetall AG (DE:RHMG) rose to all time highs; gaining 8.45% or 15.20 to 195.15. Shares in Jungheinrich AG O.N.VZO (DE:JUNG_p) fell to 52-week lows; down 16.97% or 5.22 to 25.54. Shares in Kion Group AG (DE:KGX) fell to 52-week lows; down 13.04% or 9.30 to 62.04.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.11% to 30.85.

Gold Futures for April delivery was up 1.45% or 28.00 to $1,965.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.56% or 1.79 to hit $113.14 a barrel, while the May Brent oil contract fell 1.42% or 1.73 to trade at $119.87 a barrel.

EUR/USD was unchanged 0.07% to 1.10, while EUR/GBP unchanged 0.19% to 0.83.

The US Dollar Index Futures was up 0.23% at 98.84.

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