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Germany stocks lower at close of trade; DAX down 1.35%

Published 01/06/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.35%
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ALVG
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DBKGn
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LXSG
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TECDAX
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NEKG
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Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Retail, Technology and Software sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.35%, while the MDAX index fell 1.30%, and the TecDAX index lost 2.06%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 2.53% or 0.300 points to trade at 12.150 at the close. Meanwhile, Allianz SE VNA O.N. (DE:ALVG) added 1.50% or 3.25 points to end at 220.00 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 1.15% or 0.410 points to 36.000 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 13.52% or 13.28 points to trade at 84.92 at the close. Puma SE (DE:PUMG) declined 4.68% or 5.05 points to end at 102.75 and Zalando SE (DE:ZALG) was down 4.22% or 2.96 points to 67.18.

The top performers on the MDAX were Commerzbank AG O.N. (DE:CBKG) which rose 1.74% to 7.599, Lanxess AG (DE:LXSG) which was up 1.49% to settle at 57.140 and Aroundtown Property Holdings PLC (DE:AT1) which gained 0.63% to close at 5.456.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 6.81% to 95.800 in late trade, Hypoport AG (DE:HYQGn) which lost 5.23% to settle at 478.600 and AUTO1 Group SE (DE:AG1G) which was down 3.76% to 18.80 at the close.

The top performers on the TecDAX were S&T AG (DE:SANT1) which rose 0.41% to 14.71, Deutsche Telekom AG Na (DE:DTEGn) which was down 0.04% to settle at 16.464 and Telefonica Deutschland Holding AG (DE:O2Dn) which lost 0.16% to close at 2.468.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 6.81% to 95.800 in late trade, Suse SA (DE:SUSEG) which lost 6.09% to settle at 37.00 and Morphosys AG O.N. (DE:MORG) which was down 5.98% to 30.370 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 551 to 154 and 74 ended unchanged.

Shares in Delivery Hero AG (DE:DHER) fell to 52-week lows; falling 13.52% or 13.28 to 84.92. Shares in Zalando SE (DE:ZALG) fell to 52-week lows; losing 4.22% or 2.96 to 67.18. Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; up 1.74% or 0.130 to 7.599. Shares in AUTO1 Group SE (DE:AG1G) fell to all time lows; falling 3.76% or 0.74 to 18.80. Shares in Morphosys AG O.N. (DE:MORG) fell to 5-year lows; losing 5.98% or 1.930 to 30.370.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.69% to 18.00.

Gold Futures for February delivery was down 1.90% or 34.70 to $1790.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.77% or 1.38 to hit $79.23 a barrel, while the March Brent oil contract rose 1.25% or 1.01 to trade at $81.81 a barrel.

EUR/USD was down 0.17% to 1.1294, while EUR/GBP rose 0.04% to 0.8347.

The US Dollar Index Futures was up 0.08% at 96.255.

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