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Germany stocks lower at close of trade; DAX down 0.52%

Published 11/15/2018, 12:15 PM
Updated 11/15/2018, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.52%
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Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Retail, Media and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.52%, while the MDAX index lost 1.15%, and the TecDAX index lost 0.77%.

The best performers of the session on the DAX were Siemens AG Class N (DE:SIEGn), which rose 0.82% or 0.82 points to trade at 101.36 at the close. Meanwhile, BASF SE NA O.N. (DE:BASFN) added 0.69% or 0.480 points to end at 69.650 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was up 0.35% or 0.34 points to 97.96 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 2.55% or 2.50 points to trade at 95.50 at the close. Continental AG O.N. (DE:CONG) declined 2.37% or 3.30 points to end at 135.95 and Covestro AG (DE:1COV) was down 2.37% or 1.380 points to 56.960.

The top performers on the MDAX were Evotec AG O.N. (DE:EVTG) which rose 4.36% to 19.500, Uniper SE (DE:UN01) which was up 2.01% to settle at 25.840 and Talanx AG NA O.N. (DE:TLXGn) which gained 0.93% to close at 32.600.

The worst performers were Bechtle AG (DE:BC8G) which was down 6.91% to 70.050 in late trade, Metro AG (DE:MEOG) which lost 6.78% to settle at 4.072 and Aareal Bank AG (DE:ARLG) which was down 4.28% to 29.980 at the close.

The top performers on the TecDAX were Sixt AG ST O.N. (DE:SIXG) which rose 4.43% to 93.050, Shop Apotheke Europe NV (DE:SAEG) which was up 3.45% to settle at 42.000 and WashTec AG O.N. (DE:WSUG) which gained 3.03% to close at 71.500.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 14.21% to 9.78 in late trade, Cancom SE O.N. (DE:COKG) which lost 9.64% to settle at 34.320 and HelloFresh SE (DE:HFGG) which was down 8.45% to 9.15 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 491 to 210 and 78 ended unchanged.

Shares in Metro AG (DE:MEOG) fell to all time lows; losing 6.78% or 0.296 to 4.072. Shares in Aareal Bank AG (DE:ARLG) fell to 52-week lows; falling 4.28% or 1.340 to 29.980. Shares in SLM Solutions Group AG (DE:AM3D) fell to all time lows; losing 14.21% or 1.62 to 9.78. Shares in HelloFresh SE (DE:HFGG) fell to 52-week lows; falling 8.45% or 0.84 to 9.15.

The DAX volatility index, which measures the implied volatility of DAX options, was up 31.26% to 21.29.

Gold Futures for December delivery was up 1.24% or 14.90 to $1214.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.00% or 0.56 to hit $56.81 a barrel, while the January Brent oil contract rose 1.24% or 0.82 to trade at $66.94 a barrel.

EUR/USD was up 0.04% to 1.1315, while EUR/GBP rose 1.96% to 0.8875.

The US Dollar Index Futures was up 0.37% at 97.02.

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