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

Published 10/13/2020, 01:15 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 Tuesday, as losses in the Insurance, Pharmaceuticals & Healthcare and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.91%, while the MDAX index lost 1.00%, and the TecDAX index lost 0.53%.

The best performers of the session on the DAX were Deutsche Telekom AG Na (DE:DTEGn), which rose 0.21% or 0.030 points to trade at 14.510 at the close. Meanwhile, Delivery Hero AG (DE:DHER) added 0.16% or 0.16 points to end at 99.20 and Deutsche Post AG NA O.N. (DE:DPWGn) was down 0.02% or 0.010 points to 41.435 in late trade.

The worst performers of the session were Bayer AG NA (DE:BAYGN), which fell 2.96% or 1.37 points to trade at 44.93 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 2.87% or 1.130 points to end at 38.205 and Heidelbergcement AG O.N. (DE:HEIG) was down 2.21% or 1.250 points to 55.310.

The top performers on the MDAX were Evotec AG O.N. (DE:EVTG) which rose 4.83% to 23.640, Aixtron SE (DE:AIXGn) which was up 2.46% to settle at 11.857 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 2.16% to close at 2.313.

The worst performers were Thyssenkrupp AG O.N. (DE:TKAG) which was down 6.57% to 4.126 in late trade, Qiagen NV (DE:QIA) which lost 4.95% to settle at 44.230 and Commerzbank AG O.N. (DE:CBKG) which was down 4.40% to 4.523 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 4.83% to 23.640, Aixtron SE (DE:AIXGn) which was up 2.46% to settle at 11.857 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 2.16% to close at 2.313.

The worst performers were Qiagen NV (DE:QIA) which was down 4.95% to 44.230 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.19% to settle at 13.030 and LPKF Laser & Electronics (DE:LPKG) which was down 2.36% to 20.700 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 445 to 226 and 77 ended unchanged.

Shares in Bayer AG NA (DE:BAYGN) fell to 5-year lows; falling 2.96% or 1.37 to 44.93. Shares in Deutsche Post AG NA O.N. (DE:DPWGn) fell to all time highs; falling 0.02% or 0.010 to 41.435.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.80% to 24.67.

Gold Futures for December delivery was down 1.80% or 34.65 to $1894.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.43% or 0.96 to hit $40.39 a barrel, while the December Brent oil contract rose 1.94% or 0.81 to trade at $42.53 a barrel.

EUR/USD was down 0.66% to 1.1735, while EUR/GBP rose 0.17% to 0.9058.

The US Dollar Index Futures was up 0.50% at 93.573.

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