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Germany stocks lower at close of trade; DAX down 0.66%

Published 02/23/2021, 11:15 AM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.66%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Retail, Technology and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.66%, while the MDAX index declined 1.30%, and the TecDAX index fell 2.59%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 1.40% or 0.137 points to trade at 9.938 at the close. Meanwhile, Allianz SE VNA O.N. (DE:ALVG) added 1.30% or 2.54 points to end at 198.04 and Beiersdorf AG O.N. (DE:BEIG) was up 1.28% or 1.080 points to 85.350 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (DE:DPWGn), which fell 3.15% or 1.350 points to trade at 41.515 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 3.37% or 1.220 points to end at 34.985 and Bayerische Motoren Werke AG (DE:BMWG) was down 2.99% or 2.135 points to 69.170.

The top performers on the MDAX were Fraport AG (DE:FRAG) which rose 7.68% to 50.725, Stroeer SE (DE:SAXG) which was up 4.39% to settle at 73.700 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 3.93% to close at 30.390.

The worst performers were Rational AG (DE:RAAG) which was down 9.38% to 715.00 in late trade, Gerresheimer AG (DE:GXIG) which lost 6.87% to settle at 85.400 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 6.37% to 435.200 at the close.

The top performers on the TecDAX were S&T AG (DE:SANT1) which rose 2.61% to 21.20, Jenoptik AG (DE:JENGn) which was up 1.42% to settle at 27.080 and Drillisch AG (DE:DRIG) which gained 0.51% to close at 23.730.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 8.41% to 22.440 in late trade, Eckert & Ziegler AG O.N. (DE:EUZG) which lost 7.09% to settle at 56.350 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 6.37% to 435.200 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 523 to 193 and 9 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.15% to 24.10.

Gold Futures for April delivery was down 0.21% or 3.85 to $1804.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.57% or 0.35 to hit $61.35 a barrel, while the May Brent oil contract fell 0.19% or 0.12 to trade at $64.24 a barrel.

EUR/USD was up 0.05% to 1.2160, while EUR/GBP fell 0.23% to 0.8621.

The US Dollar Index Futures was up 0.05% at 90.047.

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