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Germany stocks lower at close of trade; DAX down 1.02%

Published 04/25/2018, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.02%
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Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Basic Resources, Industrials and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX declined 1.02%, while the MDAX index declined 1.81%, and the TecDAX index lost 2.29%.

The best performers of the session on the DAX were Linde AG O.N. (DE:LING), which rose 6.07% or 10.03 points to trade at 175.18 at the close. Meanwhile, Henkel & Co KGaA AG Pref (DE:HNKG_p) added 0.39% or 0.40 points to end at 102.70 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 0.05% or 0.010 points to 21.230 in late trade.

The worst performers of the session were Deutsche Lufthansa AG (DE:LHAG), which fell 3.36% or 0.890 points to trade at 25.610 at the close. BASF SE NA O.N. (DE:BASFN) declined 2.29% or 1.980 points to end at 84.420 and Thyssenkrupp AG O.N. (DE:TKAG) was down 2.25% or 0.510 points to 22.180.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which unchanged 0.07% to 0.15, Suedzucker AG (DE:SZUG) which was up 0.82% to settle at 13.550 and Tag Immobilien AG (DE:TEGG) which gained 0.70% to close at 17.150.

The worst performers were Osram Licht AG (F:OSRn) which was down 8.00% to 48.300 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 4.71% to settle at 143.70 and Salzgitter AG (DE:SZGG) which was down 4.42% to 44.560 at the close.

The top performers on the TecDAX were Drillisch AG (DE:DRIG) which rose 0.94% to 58.850, GFT Technologies AG (DE:GFTG) which was up 0.83% to settle at 13.430 and Carl Zeiss Meditec AG (DE:AFXG) which gained 0.27% to close at 54.750.

The worst performers were Aixtron SE (DE:AIXGn) which was down 6.09% to 14.707 in late trade, Siltronic AG (DE:WAFGn) which lost 5.38% to settle at 132.700 and Xing AG (DE:OBCGn) which was down 5.17% to 247.50 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 517 to 175 and 79 ended unchanged.

Shares in Steinhoff International Holdings NV (DE:SNHG) unchanged to all time lows; unchanged 0.07% or 0.00 to 0.15. Shares in Osram Licht AG (F:OSRn) fell to 52-week lows; falling 8.00% or 4.200 to 48.300. Shares in Carl Zeiss Meditec AG (DE:AFXG) rose to all time highs; up 0.27% or 0.150 to 54.750.

The DAX volatility index, which measures the implied volatility of DAX options, was up 9.54% to 16.49.

Gold Futures for June delivery was down 0.75% or 10.00 to $1323.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.04% or 0.03 to hit $67.67 a barrel, while the June Brent oil contract fell 0.54% or 0.40 to trade at $73.46 a barrel.

EUR/USD was down 0.50% to 1.2172, while EUR/GBP fell 0.21% to 0.8733.

The US Dollar Index Futures was up 0.46% at 90.98.

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