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Germany stocks lower at close of trade; DAX down 1.25%

Published 08/19/2021, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.25%
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Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Industrials, Telecoms and Media sectors led shares lower.

At the close in Frankfurt, the DAX declined 1.25%, while the MDAX index fell 1.12%, and the TecDAX index declined 0.96%.

The best performers of the session on the DAX were Merck KGaA (DE:MRCG), which rose 1.27% or 2.55 points to trade at 202.70 at the close. Meanwhile, Delivery Hero AG (DE:DHER) added 0.78% or 0.90 points to end at 116.60 and RWE AG ST O.N. (DE:RWEG) was up 0.63% or 0.205 points to 32.830 in late trade.

The worst performers of the session were BASF SE NA O.N. (DE:BASFN), which fell 3.88% or 2.640 points to trade at 65.375 at the close. Daimler AG NA O.N. (DE:DAIGn) declined 3.37% or 2.420 points to end at 69.475 and Covestro AG (DE:1COV) was down 3.29% or 1.820 points to 53.420.

The top performers on the MDAX were HelloFresh SE (DE:HFGG) which rose 2.76% to 94.54, Encavis AG (DE:ECVG) which was up 1.72% to settle at 15.930 and Shop Apotheke Europe NV (DE:SAEG) which gained 0.81% to close at 136.500.

The worst performers were Hochtief AG (DE:HOTG) which was down 4.78% to 68.14 in late trade, Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which lost 4.46% to settle at 42.400 and CTS Eventim AG (DE:EVDG) which was down 4.04% to 55.040 at the close.

The top performers on the TecDAX were Qiagen NV (DE:QIA) which rose 0.80% to 45.405, Varta AG (DE:VAR1) which was up 0.72% to settle at 133.550 and Cancom SE O.N. (DE:COKG) which gained 0.61% to close at 52.900.

The worst performers were Jenoptik AG (DE:JENGn) which was down 3.40% to 29.020 in late trade, LPKF Laser & Electronics (DE:LPKG) which lost 2.44% to settle at 21.560 and Carl Zeiss Meditec AG (DE:AFXG) which was down 2.26% to 185.550 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 559 to 148 and 68 ended unchanged.

Shares in Merck KGaA (DE:MRCG) rose to all time highs; gaining 1.27% or 2.55 to 202.70. Shares in HelloFresh SE (DE:HFGG) rose to all time highs; up 2.76% or 2.54 to 94.54.

The DAX volatility index, which measures the implied volatility of DAX options, was up 20.51% to 21.92.

Gold Futures for December delivery was down 0.09% or 1.55 to $1782.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 3.37% or 2.20 to hit $63.01 a barrel, while the October Brent oil contract fell 3.15% or 2.15 to trade at $66.08 a barrel.

EUR/USD was down 0.18% to 1.1689, while EUR/GBP rose 0.50% to 0.8554.

The US Dollar Index Futures was up 0.35% at 93.472.

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