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Germany stocks lower at close of trade; DAX down 0.12%

Published 02/26/2020, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.12%
DE40
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LHAG
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CONG
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MBGn
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BMWG
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LXSG
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BEIG
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FREG
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FNTGn
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NDXG
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AIXGn
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ARLG
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CXPLX
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CXPNX
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CXPYX
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MDAXI
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TECDAX
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V1XI
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AOXG
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NWOn
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ZALG
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HLE
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WAFGn
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SHLG
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KBX
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Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Industrials, Consumer & Cyclical and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.12% to hit a new 3-months low, while the MDAX index fell 0.69%, and the TecDAX index lost 0.28%.

The best performers of the session on the DAX were Daimler AG NA O.N. (DE:DAIGn), which rose 1.73% or 0.685 points to trade at 40.185 at the close. Meanwhile, Continental AG O.N. (DE:CONG) added 1.58% or 1.64 points to end at 105.22 and Bayerische Motoren Werke AG (DE:BMWG) was up 1.23% or 0.750 points to 61.780 in late trade.

The worst performers of the session were Fresenius SE & Co KGAA O.N. (DE:FREG), which fell 2.17% or 1.015 points to trade at 45.830 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 1.80% or 0.240 points to end at 13.060 and Beiersdorf AG O.N. (DE:BEIG) was down 1.36% or 1.370 points to 99.380.

The top performers on the MDAX were Hella KGaA Hueck & Co (DE:HLE) which rose 2.15% to 39.88, Zalando SE (DE:ZALG) which was up 1.65% to settle at 44.87 and Knorr-Bremse AG (DE:KBX) which gained 1.46% to close at 95.86.

The worst performers were Alstria Office Reit-Ag (DE:AOXG) which was down 3.01% to 18.020 in late trade, Lanxess AG (DE:LXSG) which lost 2.97% to settle at 50.340 and Aareal Bank AG (DE:ARLG) which was down 2.87% to 27.440 at the close.

The top performers on the TecDAX were Aixtron SE (DE:AIXGn) which rose 3.62% to 9.958, Nordex SE O.N. (DE:NDXG) which was up 1.96% to settle at 11.450 and Siemens Healthineers AG (DE:SHLG) which gained 1.30% to close at 39.35.

The worst performers were Siltronic AG (DE:WAFGn) which was down 2.27% to 89.700 in late trade, New Work SE (DE:NWOn) which lost 1.87% to settle at 263.00 and Freenet AG NA (DE:FNTGn) which was down 1.52% to 20.070 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 467 to 238 and 43 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.65% to 24.19.

Gold Futures for April delivery was down 0.40% or 6.65 to $1643.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.34% or 0.67 to hit $49.23 a barrel, while the May Brent oil contract fell 1.77% or 0.96 to trade at $53.30 a barrel.

EUR/USD was down 0.02% to 1.0877, while EUR/GBP rose 0.80% to 0.8429.

The US Dollar Index Futures was up 0.21% at 99.108.

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