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Germany stocks lower at close of trade; DAX down 1.01%

Published 09/23/2019, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.01%
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Investing.com – Germany stocks were lower after the close on Monday, as losses in the Basic Resources, Technology and Software sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.01%, while the MDAX index declined 1.18%, and the TecDAX index lost 1.41%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 1.35% or 0.380 points to trade at 28.570 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 0.99% or 0.140 points to end at 14.215 and Deutsche Telekom AG Na (DE:DTEGn) was up 0.30% or 0.046 points to 15.424 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 3.50% or 0.256 points to trade at 7.051 at the close. Daimler AG NA O.N. (DE:DAIGn) declined 2.33% or 1.105 points to end at 46.240 and Bayer AG NA (DE:BAYGN) was down 2.05% or 1.38 points to 65.85.

The top performers on the MDAX were Rocket Internet (DE:RKET) which rose 1.30% to 23.34, Dialog Semiconductor (DE:DLGS) which was up 0.95% to settle at 43.460 and Tag Immobilien AG (DE:TEGG) which gained 0.49% to close at 20.600.

The worst performers were Leoni AG (DE:LEOGn) which was down 7.90% to 11.835 in late trade, Commerzbank AG O.N. (DE:CBKG) which lost 7.46% to settle at 5.296 and K+S AG NA O.N. (DE:SDFGn) which was down 6.77% to 12.880 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 0.95% to 43.4600, Carl Zeiss Meditec AG (DE:AFXG) which was up 0.48% to settle at 103.800 and Deutsche Telekom AG Na (DE:DTEGn) which gained 0.30% to close at 15.424.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 8.55% to 10.060 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 4.71% to settle at 44.900 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 4.20% to 168.800 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 475 to 202 and 83 ended unchanged.

Shares in RWE AG ST O.N. (DE:RWEG) rose to 3-years highs; rising 1.35% or 0.380 to 28.570. Shares in K+S AG NA O.N. (DE:SDFGn) fell to 5-year lows; falling 6.77% or 0.935 to 12.880.

The DAX volatility index, which measures the implied volatility of DAX options, was up 12.34% to 16.11.

Gold Futures for December delivery was up 1.03% or 15.65 to $1530.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.19% or 0.11 to hit $58.20 a barrel, while the November Brent oil contract rose 0.05% or 0.03 to trade at $64.31 a barrel.

EUR/USD was down 0.25% to 1.0990, while EUR/GBP rose 0.10% to 0.8841.

The US Dollar Index Futures was up 0.14% at 98.273.

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