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Germany stocks lower at close of trade; DAX down 0.67%

Published 02/17/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.67%
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Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Technology, Transportation & Logistics and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.67%, while the MDAX index lost 0.43%, and the TecDAX index declined 1.08%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 4.66% or 1.720 points to trade at 38.600 at the close. Meanwhile, Continental AG O.N. (DE:CONG) added 3.29% or 2.87 points to end at 90.23 and Delivery Hero AG (DE:DHER) was up 3.16% or 1.57 points to 51.24 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 2.61% or 0.865 points to trade at 32.330 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 2.13% or 0.805 points to end at 37.075 and Siemens AG Class N (DE:SIEGn) was down 2.13% or 3.04 points to 139.50.

The top performers on the MDAX were Commerzbank AG O.N. (DE:CBKG) which rose 3.21% to 8.853, Aurubis AG (DE:NAFG) which was up 2.63% to settle at 105.450 and K&S AG (DE:SDFGn) which gained 2.21% to close at 20.840.

The worst performers were Gerresheimer AG (DE:GXIG) which was down 3.19% to 72.850 in late trade, Lanxess AG (DE:LXSG) which lost 2.89% to settle at 53.000 and Prosiebensat 1 Media AG (DE:PSMGn) which was down 2.72% to 13.6000 at the close.

The top performers on the TecDAX were Qiagen NV (DE:QIA) which rose 1.10% to 43.340, Freenet AG NA (DE:FNTGn) which was up 0.98% to settle at 25.710 and Vantage Towers AG (DE:VTWRn) which gained 0.68% to close at 29.44.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 5.14% to 24.550 in late trade, S&T AG (DE:SANT1) which lost 3.87% to settle at 15.15 and Suse SA (DE:SUSEG) which was down 3.08% to 25.20 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 460 to 232 and 78 ended unchanged.

Shares in RWE AG ST O.N. (DE:RWEG) rose to 52-week highs; gaining 4.66% or 1.720 to 38.600. Shares in Gerresheimer AG (DE:GXIG) fell to 52-week lows; losing 3.19% or 2.400 to 72.850. Shares in Aurubis AG (DE:NAFG) rose to all time highs; up 2.63% or 2.700 to 105.450. Shares in K&S AG (DE:SDFGn) rose to 3-years highs; rising 2.21% or 0.450 to 20.840. Shares in Morphosys AG O.N. (DE:MORG) fell to 5-year lows; down 5.14% or 1.330 to 24.550. Shares in Freenet AG NA (DE:FNTGn) rose to 3-years highs; rising 0.98% or 0.250 to 25.710. Shares in Suse SA (DE:SUSEG) fell to all time lows; down 3.08% or 0.80 to 25.20.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.87% to 27.83.

Gold Futures for April delivery was up 1.59% or 29.80 to $1901.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.52% or 2.36 to hit $91.30 a barrel, while the April Brent oil contract fell 2.39% or 2.27 to trade at $92.54 a barrel.

EUR/USD was down 0.14% to 1.1358, while EUR/GBP fell 0.41% to 0.8336.

The US Dollar Index Futures was up 0.15% at 95.838.

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