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Germany stocks lower at close of trade; DAX down 0.86%

Published 12/17/2018, 12:15 PM
Updated 12/17/2018, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.86%
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BAYGN
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ADSGN
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HNKG_p
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DTEGn
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CECG
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FNTGn
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G1AG
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KCOGn
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EONGn
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CXPFX
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CXPYX
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TECDAX
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KWSG
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PATGn
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ISRG
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Investing.com – Germany stocks were lower after the close on Monday, as losses in the Retail, Consumer & Cyclical and Food & Beverages sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.86%, while the MDAX index lost 1.64%, and the TecDAX index fell 0.87%.

The best performers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 1.01% or 0.64 points to trade at 64.00 at the close. Meanwhile, Deutsche Telekom AG Na (DE:DTEGn) added 0.73% or 0.110 points to end at 15.215 and Linde PLC (DE:LINI) was up 0.47% or 0.650 points to 139.950 in late trade.

The worst performers of the session were Adidas AG (DE:ADSGN), which fell 4.42% or 8.65 points to trade at 186.85 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 2.85% or 2.84 points to end at 96.72 and E.ON SE NA (DE:EONGn) was down 2.83% or 0.261 points to 8.970.

The top performers on the MDAX were Freenet AG NA (DE:FNTGn) which rose 2.22% to 17.4800, Sartorius AG VZO O.N. (DE:SATG_p) which was up 1.84% to settle at 116.300 and GEA Group AG (DE:G1AG) which gained 1.57% to close at 21.370.

The worst performers were Zalando SE (DE:ZALG) which was down 11.63% to 22.56 in late trade, Puma SE (DE:PUMG) which lost 7.06% to settle at 424.25 and Metro AG (DE:CECG) which was down 6.37% to 3.511 at the close.

The top performers on the TecDAX were Patrizia Immobilien AG (DE:PATGn) which rose 2.20% to 17.690, KWS SAAT AG O.N. (DE:KWSG) which was up 1.33% to settle at 267.00 and Steinhoff International Holdings NV (DE:SNHG) which unchanged 0.43% to close at 0.12.

The worst performers were HelloFresh SE (DE:HFGG) which was down 10.43% to 6.53 in late trade, Kloeckner & Co SE NA (DE:KCOGn) which lost 8.15% to settle at 6.2000 and Isra Vision O.N. (DE:ISRG) which was down 7.65% to 22.95 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 575 to 155 and 49 ended unchanged.

Shares in Zalando SE (DE:ZALG) fell to 3-years lows; losing 11.63% or 2.97 to 22.56. Shares in Metro AG (DE:CECG) fell to all time lows; losing 6.37% or 0.239 to 3.511. Shares in HelloFresh SE (DE:HFGG) fell to all time lows; down 10.43% or 0.76 to 6.53. Shares in Kloeckner & Co SE NA (DE:KCOGn) fell to 5-year lows; losing 8.15% or 0.5500 to 6.2000. Shares in Isra Vision O.N. (DE:ISRG) fell to 5-year lows; falling 7.65% or 1.90 to 22.95.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.96% to 20.89.

Gold Futures for February delivery was up 0.46% or 5.65 to $1247.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.87% or 0.96 to hit $50.51 a barrel, while the February Brent oil contract fell 0.86% or 0.52 to trade at $59.76 a barrel.

EUR/USD was up 0.31% to 1.1341, while EUR/GBP rose 0.14% to 0.8997.

The US Dollar Index Futures was down 0.27% at 96.648.

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