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Germany stocks lower at close of trade; DAX down 0.15%

Published 12/13/2023, 12:05 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.15%

Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Retail, Construction and Media sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.15%, while the MDAX index lost 0.58%, and the TecDAX index declined 0.20%.

The best performers of the session on the DAX were BASF SE NA O.N. (ETR:BASFN), which rose 4.43% or 2.02 points to trade at 47.60 at the close. Meanwhile, MTU Aero Engines NA O.N. (ETR:MTXGn) added 1.82% or 3.35 points to end at 187.55 and Covestro AG (ETR:1COV) was up 1.71% or 0.86 points to 51.04 in late trade.

The worst performers of the session were Siemens Energy AG (ETR:ENR1n), which fell 3.20% or 0.34 points to trade at 10.28 at the close. Zalando SE (ETR:ZALG) declined 1.84% or 0.38 points to end at 20.32 and Mercedes Benz Group AG (ETR:MBGn) was down 1.56% or 0.98 points to 61.74.

The top performers on the MDAX were Encavis AG (ETR:ECVG) which rose 3.51% to 13.72, Lanxess AG (ETR:LXSG) which was up 3.01% to settle at 27.00 and Aurubis AG (ETR:NAFG) which gained 2.29% to close at 74.92.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 9.58% to 51.90 in late trade, Delivery Hero AG (ETR:DHER) which lost 5.97% to settle at 28.41 and RTL Group SA (ETR:RRTL) which was down 3.31% to 31.50 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 2.11% to 24.16, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 2.09% to settle at 35.22 and ADTRAN Holdingsa Inc (ETR:QH9) which gained 1.42% to close at 5.73.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 9.58% to 51.90 in late trade, Verbio Vereinigte Bioenergie AG (ETR:VBKG) which lost 5.90% to settle at 26.14 and Carl Zeiss Meditec AG (ETR:AFXG) which was down 1.62% to 92.08 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 368 to 254 and 38 ended unchanged.

Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; losing 9.58% or 5.50 to 51.90. Shares in RTL Group SA (ETR:RRTL) fell to 52-week lows; falling 3.31% or 1.08 to 31.50. Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; down 9.58% or 5.50 to 51.90. Shares in Verbio Vereinigte Bioenergie AG (ETR:VBKG) fell to 3-years lows; falling 5.90% or 1.64 to 26.14.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.20% to 13.51.

Gold Futures for February delivery was up 0.23% or 4.55 to $1,997.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.37% or 0.94 to hit $69.55 a barrel, while the February Brent oil contract rose 1.42% or 1.04 to trade at $74.28 a barrel.

EUR/USD was unchanged 0.00% to 1.08, while EUR/GBP unchanged 0.27% to 0.86.

The US Dollar Index Futures was down 0.04% at 103.42.

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