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Germany stocks lower at close of trade; DAX down 0.91%

Published 02/20/2020, 01:15 PM
Updated 02/20/2020, 01:35 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.91%
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Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Retail, Technology and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.91%, while the MDAX index declined 0.61%, and the TecDAX index declined 0.96%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 3.72% or 2.780 points to trade at 77.580 at the close. Meanwhile, Daimler AG NA O.N. (DE:DAIGn) added 2.28% or 0.975 points to end at 43.745 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 2.26% or 1.100 points to 49.740 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 2.87% or 7.80 points to trade at 264.10 at the close. Adidas AG (DE:ADSGN) declined 2.63% or 7.70 points to end at 285.00 and Deutsche Lufthansa AG (DE:LHAG) was down 2.50% or 0.385 points to 15.015.

The top performers on the MDAX were United Internet AG NA (DE:UTDI) which rose 2.10% to 32.050, Duerr AG (DE:DUEG) which was up 2.07% to settle at 29.100 and Prosiebensat 1 Media AG (DE:PSMGn) which gained 1.54% to close at 12.2250.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 3.09% to 65.850 in late trade, CompuGroup Medical AG O.N. (DE:COPMa) which lost 3.02% to settle at 64.300 and TeamViewer AG (DE:TMV) which was down 2.95% to 30.60 at the close.

The top performers on the TecDAX were United Internet AG NA (DE:UTDI) which rose 2.10% to 32.050, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 1.86% to settle at 153.00 and Drillisch AG (DE:DRIG) which gained 1.74% to close at 23.420.

The worst performers were Aixtron SE (DE:AIXGn) which was down 3.27% to 10.785 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 3.09% to settle at 65.850 and CompuGroup Medical AG O.N. (DE:COPMa) which was down 3.02% to 64.300 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 450 to 231 and 64 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (DE:FMEG) rose to 52-week highs; rising 3.72% or 2.780 to 77.580.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.31% to 15.71.

Gold Futures for April delivery was up 0.52% or 8.45 to $1620.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.95% or 0.51 to hit $54.00 a barrel, while the April Brent oil contract rose 0.61% or 0.36 to trade at $59.48 a barrel.

EUR/USD was down 0.10% to 1.0793, while EUR/GBP rose 0.24% to 0.8380.

The US Dollar Index Futures was up 0.16% at 99.752.

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