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Germany stocks lower at close of trade; DAX down 1.20%

Published 04/26/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.20%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Retail, Technology and Construction sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.20% to hit a new 1-month low, while the MDAX index lost 1.70%, and the TecDAX index declined 2.13%.

The best performers of the session on the DAX were Muench. Rueckvers. VNA O.N. (ETR:MUVGn), which rose 2.68% or 6.10 points to trade at 234.10 at the close. Meanwhile, Hannover Rueck SE (ETR:HNRGn) added 0.97% or 1.40 points to end at 146.40 and Deutsche Boerse AG (ETR:DB1Gn) was up 0.85% or 1.40 points to 165.35 in late trade.

The worst performers of the session were HelloFresh SE (ETR:HFGG), which fell 8.42% or 3.01 points to trade at 32.72 at the close. Delivery Hero AG (ETR:DHER) declined 7.52% or 2.35 points to end at 28.90 and Sartorius AG VZO O.N. (ETR:SATG_p) was down 6.92% or 25.40 points to 341.90.

The top performers on the MDAX were Hypoport AG (ETR:HYQGn) which rose 4.03% to 294.40, Aurubis AG (ETR:NAFG) which was up 2.37% to settle at 105.75 and Telefonica Deutschland Holding AG (ETR:O2Dn) which gained 1.02% to close at 2.87.

The worst performers were Befesa SA (ETR:BFSA) which was down 10.41% to 58.55 in late trade, Commerzbank AG O.N. (ETR:CBKG) which lost 7.32% to settle at 5.87 and TeamViewer AG (ETR:TMV) which was down 6.66% to 11.63 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 1.02% to 2.87, Jenoptik AG (ETR:JENGn) which was up 1.01% to settle at 25.98 and Vantage Towers AG (ETR:VTWRn) which gained 0.50% to close at 32.48.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 6.93% to 20.40 in late trade, Sartorius AG VZO O.N. (ETR:SATG_p) which lost 6.92% to settle at 341.90 and TeamViewer AG (ETR:TMV) which was down 6.66% to 11.63 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 467 to 237 and 52 ended unchanged.

Shares in HelloFresh SE (ETR:HFGG) fell to 52-week lows; losing 8.42% or 3.01 to 32.72. Shares in Delivery Hero AG (ETR:DHER) fell to 3-years lows; losing 7.52% or 2.35 to 28.90. Shares in Sartorius AG VZO O.N. (ETR:SATG_p) fell to 52-week lows; losing 6.92% or 25.40 to 341.90. Shares in Morphosys AG O.N. (ETR:MORG) fell to 5-year lows; down 6.93% or 1.52 to 20.40. Shares in Sartorius AG VZO O.N. (ETR:SATG_p) fell to 52-week lows; falling 6.92% or 25.40 to 341.90.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.15% to 31.86 a new 1-month high.

Gold Futures for June delivery was up 0.47% or 8.95 to $1,904.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 4.00% or 3.94 to hit $102.48 a barrel, while the July Brent oil contract rose 3.27% or 3.34 to trade at $105.50 a barrel.

EUR/USD was down 0.53% to 1.07, while EUR/GBP unchanged 0.58% to 0.85.

The US Dollar Index Futures was up 0.46% at 102.24.

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