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Germany stocks lower at close of trade; DAX down 0.17%

Published 05/11/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.17%
DE40
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LHAG
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DHLn
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TKAG
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FREG
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NDXG
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MORG
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EONGn
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CXPOX
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V1XI
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SAXG
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TEGG
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction, Utilities and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.17%, while the MDAX index declined 0.16%, and the TecDAX index declined 0.28%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 3.38% or 0.820 points to trade at 25.110 at the close. Meanwhile, Thyssenkrupp AG O.N. (DE:TKAG) added 1.40% or 0.320 points to end at 23.210 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 1.21% or 0.410 points to 34.430 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 1.45% or 0.137 points to trade at 9.339 at the close. Heidelbergcement AG O.N. (DE:HEIG) declined 1.36% or 1.100 points to end at 79.980 and Fresenius SE & Co KGAA O.N. (DE:FREG) was down 1.13% or 0.760 points to 66.600.

The top performers on the MDAX were Schaeffler AG Pref (DE:SHA_p) which rose 1.31% to 13.49, Prosiebensat 1 Media AG (DE:PSMGn) which was up 1.18% to settle at 29.0600 and Tag Immobilien AG (DE:TEGG) which gained 1.16% to close at 18.250.

The worst performers were Stroeer SE (DE:SAXG) which was down 2.82% to 61.950 in late trade, Osram Licht AG (DE:OSRn) which lost 2.64% to settle at 50.94 and Talanx AG NA O.N. (DE:TLXGn) which was down 2.29% to 34.920 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 5.90% to 35.00, Adva Optical Networking SE (DE:ADAG) which was up 2.79% to settle at 5.900 and GFT Technologies AG (DE:GFTG) which gained 2.29% to close at 14.730.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 3.32% to 88.700 in late trade, Nordex SE O.N. (DE:NDXG) which lost 2.55% to settle at 8.854 and Jenoptik AG (DE:JENG) which was down 1.82% to 36.660 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 350 to 342 and 79 ended unchanged.

Shares in Tag Immobilien AG (DE:TEGG) rose to 5-year highs; gaining 1.16% or 0.210 to 18.250.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.22% to 14.15 a new 3-months low.

Gold Futures for June delivery was down 0.02% or 0.20 to $1322.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.77% or 0.55 to hit $70.81 a barrel, while the July Brent oil contract fell 0.37% or 0.29 to trade at $77.18 a barrel.

EUR/USD was up 0.32% to 1.1953, while EUR/GBP rose 0.03% to 0.8815.

The US Dollar Index Futures was down 0.24% at 92.35.

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