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

Published 06/03/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.17%
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LHAG
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction, Retail and Technology sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.17%, while the MDAX index fell 0.03%, and the TecDAX index fell 0.49%.

The best performers of the session on the DAX were Hannover Rueck SE (ETR:HNRGn), which rose 2.69% or 3.75 points to trade at 143.30 at the close. Meanwhile, E.ON SE (ETR:EONGn) added 2.11% or 0.20 points to end at 9.67 and Muench. Rueckvers. VNA O.N. (ETR:MUVGn) was up 1.07% or 2.40 points to 225.80 in late trade.

The worst performers of the session were Zalando SE (ETR:ZALG), which fell 3.74% or 1.37 points to trade at 35.22 at the close. Delivery Hero AG (ETR:DHER) declined 2.03% or 0.76 points to end at 36.61 and HelloFresh SE (ETR:HFGG) was down 1.84% or 0.64 points to 34.23.

The top performers on the MDAX were Rheinmetall AG (ETR:RHMG) which rose 5.33% to 208.50, Befesa SA (ETR:BFSA) which was up 1.47% to settle at 62.00 and Wacker Chemie O.N. (ETR:WCHG) which gained 1.35% to close at 176.90.

The worst performers were Kion Group AG (ETR:KGX) which was down 3.09% to 45.13 in late trade, Deutsche Lufthansa AG (ETR:LHAG) which lost 2.91% to settle at 6.57 and Jungheinrich AG O.N.VZO (ETR:JUNG_p) which was down 2.84% to 25.28 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 1.11% to 3.00, Vantage Towers AG (ETR:VTWRn) which was up 1.11% to settle at 29.16 and Freenet AG NA (ETR:FNTGn) which gained 0.37% to close at 24.70.

The worst performers were CompuGroup Medical AG O.N. (ETR:COP1n) which was down 3.93% to 49.86 in late trade, Eckert & Ziegler AG O.N. (ETR:EUZG) which lost 2.68% to settle at 41.32 and Aixtron SE (ETR:AIXGn) which was down 2.38% to 27.02 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 342 to 333 and 90 ended unchanged.

Shares in Wacker Chemie O.N. (ETR:WCHG) rose to 5-year highs; gaining 1.35% or 2.35 to 176.90.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.37% to 21.79 a new 3-months low.

Gold Futures for August delivery was down 1.03% or 19.35 to $1,852.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.73% or 2.02 to hit $118.89 a barrel, while the August Brent oil contract rose 1.76% or 2.07 to trade at $119.68 a barrel.

EUR/USD was unchanged 0.20% to 1.07, while EUR/GBP unchanged 0.36% to 0.86.

The US Dollar Index Futures was up 0.29% at 102.12.

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