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Germany stocks lower at close of trade; DAX down 1.10%

Published 09/04/2018, 12:15 PM
Updated 09/04/2018, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.10%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Consumer & Cyclical, Technology and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX declined 1.10%, while the MDAX index declined 1.00%, and the TecDAX index lost 1.26%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 1.63% or 0.132 points to trade at 8.228 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 0.64% or 0.063 points to end at 9.839 and Thyssenkrupp AG O.N. (DE:TKAG) was up 0.58% or 0.115 points to 19.870 in late trade.

The worst performers of the session were Adidas AG (DE:ADSGN), which fell 2.41% or 5.20 points to trade at 210.80 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 2.30% or 2.55 points to end at 108.40 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 2.05% or 0.450 points to 21.460.

The top performers on the MDAX were Metro AG (DE:MEOG) which rose 0.97% to 6.460, Fraport AG (DE:FRAG) which was up 0.63% to settle at 76.900 and Innogy SE (DE:IGY) which gained 0.62% to close at 37.620.

The worst performers were Hella KGaA Hueck & Co (DE:HLE) which was down 2.81% to 49.42 in late trade, RTL Group SA (DE:RRTL) which lost 2.69% to settle at 63.400 and K+S AG NA O.N. (DE:SDFGn) which was down 2.57% to 18.985 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 2.84% to 20.260, Nordex SE O.N. (DE:NDXG) which was up 1.41% to settle at 9.182 and Dialog Semiconductor (DE:DLGS) which gained 0.84% to close at 20.380.

The worst performers were Cancom SE O.N. (DE:COKG) which was down 3.35% to 36.920 in late trade, Jenoptik AG (DE:JENGn) which lost 3.34% to settle at 32.380 and SLM Solutions Group AG (DE:AM3D) which was down 3.21% to 22.65 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 507 to 200 and 77 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.91% to 17.44.

Gold Futures for December delivery was down 0.79% or 9.50 to $1197.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.37% or 0.26 to hit $70.06 a barrel, while the November Brent oil contract rose 0.24% or 0.19 to trade at $78.34 a barrel.

EUR/USD was down 0.46% to 1.1567, while EUR/GBP fell 0.10% to 0.9016.

The US Dollar Index Futures was up 0.43% at 95.48.

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