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Germany stocks lower at close of trade; DAX down 0.55%

Published 08/20/2019, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.55%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Construction, Financial Services and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.55%, while the MDAX index lost 0.75%, and the TecDAX index fell 0.71%.

The best performers of the session on the DAX were Adidas AG (DE:ADSGN), which rose 0.56% or 1.45 points to trade at 260.95 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) added 0.12% or 0.050 points to end at 43.515 and Linde PLC (DE:LINI) was unchanged 0.00% or 0.000 points to 170.250 in late trade.

The worst performers of the session were Vonovia SE (DE:VNAn), which fell 3.12% or 1.39 points to trade at 43.19 at the close. E.ON SE NA (DE:EONGn) declined 2.27% or 0.191 points to end at 8.210 and Heidelbergcement AG O.N. (DE:HEIG) was down 1.64% or 1.000 points to 60.140.

The top performers on the MDAX were Deutsche Euroshop AG (DE:DEQGn) which rose 1.75% to 23.200, Aurubis AG (DE:NAFG) which was up 1.46% to settle at 37.540 and Osram Licht AG (DE:OSRn) which gained 1.44% to close at 35.15.

The worst performers were Grand City Properties SA (DE:GYC) which was down 6.01% to 19.23 in late trade, United Internet AG NA (DE:UTDI) which lost 4.08% to settle at 27.740 and Deutsche Wohnen AG (DE:DWNG) which was down 3.41% to 29.740 at the close.

The top performers on the TecDAX were New Work SE (DE:NWOn) which rose 4.41% to 284.00, Medigene NA O.N. (DE:MDG1k) which was up 3.65% to settle at 6.530 and SMA Solar Technology AG (DE:S92G) which gained 2.61% to close at 20.480.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 5.39% to 12.28 in late trade, United Internet AG NA (DE:UTDI) which lost 4.08% to settle at 27.740 and Evotec AG O.N. (DE:EVTG) which was down 3.13% to 18.420 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 433 to 233 and 91 ended unchanged.

Shares in Deutsche Wohnen AG (DE:DWNG) fell to 52-week lows; down 3.41% or 1.050 to 29.740.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.38% to 19.11.

Gold Futures for December delivery was up 0.22% or 3.35 to $1514.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.30% or 0.17 to hit $55.97 a barrel, while the October Brent oil contract rose 0.23% or 0.14 to trade at $59.88 a barrel.

EUR/USD was up 0.19% to 1.1097, while EUR/GBP fell 0.14% to 0.9120.

The US Dollar Index Futures was down 0.16% at 98.060.

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