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

Published 10/21/2020, 01:15 PM
Germany stocks lower at close of trade; DAX down 1.41%
DE40
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ADSGN
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MRCG
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TKAG
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DRWG_p
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NAFG
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MTXGn
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CXPDX
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CXPRX
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CXPVX
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MDAXI
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TECDAX
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V1XI
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GLJn
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NWOn
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GXId
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EUZG
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LPKG
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NEKG
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BC8G
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1COV
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AT1
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DHER
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VAR1
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LIN
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Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Media, Retail and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX lost 1.41%, while the MDAX index fell 1.90%, and the TecDAX index lost 1.51%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 0.49% or 0.210 points to trade at 43.460 at the close. Meanwhile, Linde PLC (DE:LINI) added 0.33% or 0.650 points to end at 196.050 and Merck KGaA (DE:MRCG) was up 0.08% or 0.10 points to 124.80 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 3.98% or 3.92 points to trade at 94.50 at the close. MTU Aero Engines NA O.N. (DE:MTXGn) declined 3.10% or 4.95 points to end at 154.95 and Adidas AG (DE:ADSGN) was down 2.62% or 7.40 points to 274.90.

The top performers on the MDAX were Aurubis AG (DE:NAFG) which rose 0.61% to 62.600, Varta AG (DE:VAR1) which was up 0.18% to settle at 112.300 and Gerresheimer AG (DE:GXIG) which gained 0.17% to close at 87.950.

The worst performers were Thyssenkrupp AG O.N. (DE:TKAG) which was down 5.40% to 4.481 in late trade, Grenke N AG (DE:GLJn) which lost 5.23% to settle at 34.46 and Aroundtown Property Holdings PLC (DE:AT1) which was down 4.89% to 4.297 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE:DRWG_p) which rose 1.44% to 70.500, Eckert & Ziegler AG O.N. (DE:EUZG) which was up 1.03% to settle at 43.280 and New Work SE (DE:NWOn) which gained 0.42% to close at 239.00.

The worst performers were LPKF Laser & Electronics (DE:LPKG) which was down 5.66% to 18.340 in late trade, Bechtle AG (DE:BC8G) which lost 3.76% to settle at 164.000 and Nemetschek AG O.N. (DE:NEKG) which was down 3.53% to 61.550 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 490 to 171 and 87 ended unchanged.

Shares in Aurubis AG (DE:NAFG) rose to 52-week highs; rising 0.61% or 0.380 to 62.600.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.23% to 31.17.

Gold Futures for December delivery was up 0.66% or 12.65 to $1928.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.12% or 1.72 to hit $39.98 a barrel, while the December Brent oil contract fell 3.54% or 1.53 to trade at $41.63 a barrel.

EUR/USD was up 0.43% to 1.1872, while EUR/GBP fell 1.20% to 0.9020.

The US Dollar Index Futures was down 0.56% at 92.528.

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