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Germany stocks lower at close of trade; DAX down 0.42%

Published 02/23/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.42%
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Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Utilities, Retail and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.42% to hit a new 6-months low, while the MDAX index unchanged 0%, and the TecDAX index unchanged 0%.

The best performers of the session on the DAX were Porsche Automobil Holding SE (DE:PSHG_p), which rose 4.58% or 4.160 points to trade at 94.940 at the close. Meanwhile, Henkel & Co KGaA AG Pref (DE:HNKG_p) added 2.01% or 1.44 points to end at 73.22 and Beiersdorf AG O.N. (DE:BEIG) was up 2.01% or 1.740 points to 88.460 in late trade.

The worst performers of the session were HelloFresh SE (DE:HFGG), which unchanged 0% or 0 points to trade at 47.46 at the close. Fresenius Medical Care KGAA ST (DE:FMEG) declined 3.92% or 2.360 points to end at 57.800 and Zalando SE (DE:ZALG) was down 3.35% or 1.94 points to 56.00.

The top performers on the MDAX were Software AG (DE:SOWGn) which rose 4.04% to 32.980, Kion Group AG (DE:KGX) which was unchanged 0% to settle at 76.62 and Wacker Chemie O.N. (DE:WCHG) which gained 1.04% to close at 126.30.

The worst performers were Uniper SE (DE:UN01) which was unchanged 0% to 36.690 in late trade, AUTO1 Group SE (DE:AG1G) which unchanged 0% to settle at 12.37 and Gerresheimer AG (DE:GXIG) which was unchanged 0% to 72.300 at the close.

The top performers on the TecDAX were Software AG (DE:SOWGn) which rose 4.04% to 32.980, Siemens Healthineers AG (DE:SHLG) which was unchanged 0% to settle at 53.10 and Freenet AG NA (DE:FNTGn) which gained 0.87% to close at 24.380.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 2.56% to 12.200 in late trade, SMA Solar Technology AG (DE:S92G) which unchanged 0% to settle at 28.160 and United Internet AG NA (DE:UTDI) which was down 1.93% to 31.520 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 411 to 292 and 68 ended unchanged.

Shares in HelloFresh SE (DE:HFGG) unchanged to 52-week lows; unchanged 0% or 0 to 47.46. Shares in Zalando SE (DE:ZALG) fell to 52-week lows; down 3.35% or 1.94 to 56.00. Shares in AUTO1 Group SE (DE:AG1G) unchanged to all time lows; unchanged 0% or 0 to 12.37. Shares in Gerresheimer AG (DE:GXIG) unchanged to 52-week lows; unchanged 0% or 0 to 72.300. Shares in Nordex SE O.N. (DE:NDXG) fell to 52-week lows; falling 2.56% or 0.320 to 12.200. Shares in SMA Solar Technology AG (DE:S92G) unchanged to 52-week lows; unchanged 0% or 0 to 28.160.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0% to 34.69.

Gold Futures for April delivery was up 0.63% or 12.05 to $1911.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.68% or 3.32 to hit $93.53 a barrel, while the May Brent oil contract rose 2.10% or 1.95 to trade at $94.94 a barrel.

EUR/USD was unchanged 0% to 1.1312, while EUR/GBP unchanged 0% to 0.8321.

The US Dollar Index Futures was up 0.10% at 96.112.

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