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Germany stocks lower at close of trade; DAX down 0.36%

Published 11/30/2018, 12:15 PM
Updated 11/30/2018, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.36%
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BAYGN
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WDIG
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HDDG
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Retail, Transportation & Logistics and Construction sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.36%, while the MDAX index lost 0.76%, and the TecDAX index lost 0.54%.

The best performers of the session on the DAX were Linde PLC (DE:LINI), which rose 2.97% or 4.050 points to trade at 140.500 at the close. Meanwhile, Deutsche Boerse AG (DE:DB1Gn) added 1.44% or 1.600 points to end at 112.800 and Bayer AG NA (DE:BAYGN) was up 1.27% or 0.81 points to 64.58 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 2.86% or 0.237 points to trade at 8.063 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 2.41% or 1.240 points to end at 50.120 and Wirecard AG (DE:WDIG) was down 2.09% or 2.850 points to 133.450.

The top performers on the MDAX were MTU Aero Engines NA O.N. (DE:MTXGn) which rose 4.38% to 183.60, Aurubis AG (DE:NAFG) which was up 3.91% to settle at 48.080 and Stroeer SE (DE:SAXG) which gained 1.76% to close at 46.140.

The worst performers were Zalando SE (DE:ZALG) which was down 4.46% to 27.40 in late trade, Delivery Hero AG (DE:DHER) which lost 3.66% to settle at 32.14 and Commerzbank AG O.N. (DE:CBKG) which was down 3.64% to 7.606 at the close.

The top performers on the TecDAX were Tele Columbus AG (DE:TC1n) which rose 9.25% to 3.84, Heidelberger Druckmaschinen O.N. (DE:HDDG) which was up 2.34% to settle at 1.8800 and HelloFresh SE (DE:HFGG) which gained 2.03% to close at 9.05.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 16.21% to 18.500 in late trade, Hapag Lloyd AG (DE:HLAG) which lost 5.20% to settle at 28.4400 and Deutsche Beteiligungs AG O.N. (DE:DBANn) which was down 4.64% to 33.900 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 408 to 305 and 67 ended unchanged.

Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) fell to 5-year lows; losing 2.86% or 0.237 to 8.063. Shares in Commerzbank AG O.N. (DE:CBKG) fell to 52-week lows; down 3.64% or 0.287 to 7.606. Shares in Hapag Lloyd AG (DE:HLAG) fell to 52-week lows; losing 5.20% or 1.5600 to 28.4400.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.20% to 19.67.

Gold Futures for February delivery was down 0.24% or 2.90 to $1227.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.21% or 0.11 to hit $51.34 a barrel, while the February Brent oil contract fell 0.35% or 0.21 to trade at $59.70 a barrel.

EUR/USD was down 0.60% to 1.1325, while EUR/GBP fell 0.49% to 0.8866.

The US Dollar Index Futures was up 0.38% at 97.065.

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