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Germany stocks lower at close of trade; DAX down 1.03%

Published 09/17/2021, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.03%
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Transportation & Logistics, Chemicals and Technology sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.03% to hit a new 1-month low, while the MDAX index declined 0.74%, and the TecDAX index declined 0.47%.

The best performers of the session on the DAX were Continental AG O.N. (DE:CONG), which rose 1.07% or 1.02 points to trade at 96.09 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 0.69% or 0.410 points to end at 60.140 and Siemens Energy AG (DE:ENR1n) was up 0.44% or 0.10 points to 22.90 in late trade.

The worst performers of the session were BASF SE NA O.N. (DE:BASFN), which fell 3.26% or 2.125 points to trade at 63.085 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 2.86% or 1.740 points to end at 59.155 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 2.75% or 5.32 points to 188.38.

The top performers on the MDAX were Morphosys AG O.N. (DE:MORG) which rose 4.46% to 41.920, Deutsche Lufthansa AG (DE:LHAG) which was up 2.61% to settle at 8.210 and Shop Apotheke Europe NV (DE:SAEG) which gained 1.93% to close at 153.500.

The worst performers were Aixtron SE (DE:AIXGn) which was down 5.07% to 23.415 in late trade, K&S AG (DE:SDFGn) which lost 3.85% to settle at 12.800 and Uniper SE (DE:UN01) which was down 3.03% to 35.160 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 4.46% to 41.920, S&T AG (DE:SANT1) which was up 1.98% to settle at 22.66 and SMA Solar Technology AG (DE:S92G) which gained 1.72% to close at 37.900.

The worst performers were Aixtron SE (DE:AIXGn) which was down 5.07% to 23.415 in late trade, LPKF Laser & Electronics (DE:LPKG) which lost 4.55% to settle at 19.950 and TeamViewer AG (DE:TMV) which was down 2.47% to 28.45 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 409 to 279 and 81 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.65% to 23.88 a new 1-month high.

Gold Futures for December delivery was down 0.22% or 3.90 to $1752.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.03% or 0.75 to hit $71.81 a barrel, while the November Brent oil contract fell 0.85% or 0.64 to trade at $75.03 a barrel.

EUR/USD was down 0.25% to 1.1735, while EUR/GBP fell 0.01% to 0.8529.

The US Dollar Index Futures was up 0.22% at 93.123.

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