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Germany stocks lower at close of trade; DAX down 1.41%

Published 03/10/2020, 02:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.41%
DE40
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DHLn
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MBGn
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DB1Gn
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DTEGn
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SAPG
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FREG
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ARLG
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SY1G
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EONGn
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DLGS
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CXPTX
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CXPUX
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CXPVX
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MDAXI
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TECDAX
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V1XI
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RAAd
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COKG
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RIB
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WAFGn
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TMV
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Telecoms, Utilities and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.41% to hit a new 52-week low, while the MDAX index fell 0.82%, and the TecDAX index declined 0.49%.

The best performers of the session on the DAX were Deutsche Post AG NA O.N. (DE:DPWGn), which rose 5.93% or 1.345 points to trade at 24.035 at the close. Meanwhile, SAP SE (DE:SAPG) added 1.74% or 1.720 points to end at 100.660 and Daimler AG NA O.N. (DE:DAIGn) was up 1.66% or 0.500 points to 30.675 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 4.65% or 0.467 points to trade at 9.573 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 4.40% or 1.685 points to end at 36.610 and Deutsche Boerse AG (DE:DB1Gn) was down 4.38% or 6.200 points to 135.200.

The top performers on the MDAX were Dialog Semiconductor (DE:DLGS) which rose 5.00% to 27.930, Symrise AG Inh. O.N. (DE:SY1G) which was up 3.64% to settle at 87.640 and Siltronic AG (DE:WAFGn) which gained 3.36% to close at 65.800.

The worst performers were Rational AG (DE:RAAG) which was down 8.20% to 531.50 in late trade, TeamViewer AG (DE:TMV) which lost 6.50% to settle at 29.07 and Aareal Bank AG (DE:ARLG) which was down 5.25% to 20.390 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 5.00% to 27.930, Siltronic AG (DE:WAFGn) which was up 3.36% to settle at 65.800 and RIB Software AG Na (DE:RIB) which gained 2.07% to close at 27.560.

The worst performers were TeamViewer AG (DE:TMV) which was down 6.50% to 29.07 in late trade, Cancom SE O.N. (DE:COKG) which lost 4.58% to settle at 39.600 and Deutsche Telekom AG Na (DE:DTEGn) which was down 4.25% to 13.082 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 398 to 315 and 31 ended unchanged.

Shares in Fresenius SE & Co KGAA O.N. (DE:FREG) fell to 5-year lows; down 4.40% or 1.685 to 36.610. Shares in Rational AG (DE:RAAG) fell to 52-week lows; down 8.20% or 47.50 to 531.50. Shares in Aareal Bank AG (DE:ARLG) fell to 5-year lows; down 5.25% or 1.130 to 20.390. Shares in Deutsche Telekom AG Na (DE:DTEGn) fell to 52-week lows; down 4.25% or 0.580 to 13.082.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.79% to 53.40.

Gold Futures for April delivery was down 1.23% or 20.60 to $1655.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 8.93% or 2.78 to hit $33.91 a barrel, while the May Brent oil contract rose 8.09% or 2.78 to trade at $37.14 a barrel.

EUR/USD was down 1.19% to 1.1311, while EUR/GBP rose 0.46% to 0.8755.

The US Dollar Index Futures was up 1.50% at 96.290.

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