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Germany stocks lower at close of trade; DAX down 1.05%

Published 03/19/2021, 04:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.05%
DE40
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LHAG
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BMWG
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G1AG
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AIXGn
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MTXGn
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MORG
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CXPCX
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CXPLX
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CXPNX
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MDAXI
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TECDAX
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V1XI
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TEGG
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EUZG
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NEKG
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DWNG
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HLE
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VNAn
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1COVG
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DHER
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VAR1
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TMV
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Transportation & Logistics, Industrials and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.05%, while the MDAX index declined 1.10%, and the TecDAX index declined 0.80%.

The best performers of the session on the DAX were Delivery Hero AG (DE:DHER), which rose 4.50% or 4.75 points to trade at 110.25 at the close. Meanwhile, Deutsche Wohnen AG (DE:DWNG) added 2.78% or 1.090 points to end at 40.280 and Vonovia SE (DE:VNAn) was up 1.72% or 0.94 points to 55.70 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 5.71% or 12.05 points to trade at 199.15 at the close. Covestro AG (DE:1COV) declined 5.59% or 3.280 points to end at 55.420 and Bayerische Motoren Werke AG (DE:BMWG) was down 3.75% or 3.240 points to 83.180.

The top performers on the MDAX were GEA Group AG (DE:G1AG) which rose 3.08% to 32.825, Morphosys AG O.N. (DE:MORG) which was up 2.51% to settle at 78.110 and Tag Immobilien AG (DE:TEGG) which gained 2.45% to close at 25.060.

The worst performers were TeamViewer AG (DE:TMV) which was down 12.37% to 37.56 in late trade, Hella KGaA Hueck & Co (DE:HLE) which lost 4.48% to settle at 50.15 and Deutsche Lufthansa AG (DE:LHAG) which was down 3.85% to 11.543 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 2.51% to 78.110, Eckert & Ziegler AG O.N. (DE:EUZG) which was up 2.34% to settle at 67.750 and Nemetschek AG O.N. (DE:NEKG) which gained 2.30% to close at 53.350.

The worst performers were TeamViewer AG (DE:TMV) which was down 12.37% to 37.56 in late trade, Aixtron SE (DE:AIXGn) which lost 2.73% to settle at 18.367 and Varta AG (DE:VAR1) which was down 2.11% to 129.900 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 482 to 213 and 62 ended unchanged.

Shares in Eckert & Ziegler AG O.N. (DE:EUZG) rose to all time highs; up 2.34% or 1.550 to 67.750.

The DAX volatility index, which measures the implied volatility of DAX options, was up 6.10% to 20.19.

Gold Futures for April delivery was up 0.49% or 8.50 to $1741.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.50% or 1.50 to hit $61.50 a barrel, while the May Brent oil contract rose 2.07% or 1.31 to trade at $64.59 a barrel.

EUR/USD was down 0.09% to 1.1905, while EUR/GBP rose 0.33% to 0.8586.

The US Dollar Index Futures was up 0.11% at 91.968.

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