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

Published 03/04/2021, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.17%
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Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Technology, Transportation & Logistics and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.17%, while the MDAX index fell 0.80%, and the TecDAX index declined 1.48%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 2.45% or 4.53 points to trade at 189.32 at the close. Meanwhile, Heidelbergcement AG O.N. (DE:HEIG) added 2.26% or 1.560 points to end at 70.440 and RWE AG ST O.N. (DE:RWEG) was up 2.25% or 0.680 points to 30.865 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 6.78% or 2.345 points to trade at 32.225 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 3.36% or 0.360 points to end at 10.340 and Adidas AG (DE:ADSGN) was down 3.13% or 9.05 points to 280.45.

The top performers on the MDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 2.83% to 2.252, Uniper SE (DE:UN01) which was up 2.26% to settle at 29.860 and CTS Eventim AG (DE:EVDG) which gained 2.17% to close at 58.950.

The worst performers were Prosiebensat 1 Media AG (DE:PSMGn) which was down 7.26% to 16.6000 in late trade, Aixtron SE (DE:AIXGn) which lost 6.88% to settle at 16.582 and Cancom SE O.N. (DE:COKG) which was down 4.88% to 53.550 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 2.83% to 2.252, Drillisch AG (DE:DRIG) which was up 2.30% to settle at 24.450 and Freenet AG NA (DE:FNTGn) which gained 0.63% to close at 19.100.

The worst performers were Aixtron SE (DE:AIXGn) which was down 6.88% to 16.582 in late trade, Infineon Technologies AG NA O.N. (DE:IFXGn) which lost 6.78% to settle at 32.225 and Cancom SE O.N. (DE:COKG) which was down 4.88% to 53.550 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 438 to 241 and 75 ended unchanged.

Shares in Volkswagen AG VZO O.N. (DE:VOWG_p) rose to 5-year highs; rising 2.45% or 4.53 to 189.32. Shares in Heidelbergcement AG O.N. (DE:HEIG) rose to 52-week highs; rising 2.26% or 1.560 to 70.440. Shares in CTS Eventim AG (DE:EVDG) rose to 52-week highs; up 2.17% or 1.250 to 58.950. Shares in Freenet AG NA (DE:FNTGn) rose to 52-week highs; gaining 0.63% or 0.120 to 19.100.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.72% to 23.11.

Gold Futures for April delivery was down 1.04% or 17.85 to $1697.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 4.85% or 2.97 to hit $64.25 a barrel, while the May Brent oil contract rose 4.73% or 3.03 to trade at $67.10 a barrel.

EUR/USD was down 0.67% to 1.1981, while EUR/GBP fell 0.39% to 0.8609.

The US Dollar Index Futures was up 0.65% at 91.532.

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