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Germany stocks lower at close of trade; DAX down 1.45%

Published 03/30/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.45%
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Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Transportation & Logistics, Technology and Construction sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.45%, while the MDAX index declined 1.08%, and the TecDAX index declined 0.41%.

The best performers of the session on the DAX were Siemens Healthineers AG (DE:SHLG), which rose 2.72% or 1.50 points to trade at 56.70 at the close. Meanwhile, HelloFresh SE (DE:HFGG) added 0.97% or 0.43 points to end at 44.65 and RWE AG ST O.N. (DE:RWEG) was up 0.76% or 0.29 points to 38.65 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 6.63% or 4.79 points to trade at 67.42 at the close. Delivery Hero AG (DE:DHER) declined 4.35% or 1.94 points to end at 42.67 and Heidelbergcement AG O.N. (DE:HEIG) was down 4.26% or 2.38 points to 53.44.

The top performers on the MDAX were K&S AG (DE:SDFGn) which rose 6.78% to 27.39, Rheinmetall AG (DE:RHMG) which was up 2.72% to settle at 191.05 and Aurubis AG (DE:NAFG) which gained 2.37% to close at 110.30.

The worst performers were Hypoport AG (DE:HYQGn) which was down 6.01% to 353.20 in late trade, Commerzbank AG O.N. (DE:CBKG) which lost 4.55% to settle at 7.33 and Sixt SE (DE:SIXG) which was down 4.33% to 123.80 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 8.99% to 15.76, Verbio Vereinigte Bioenergie AG (DE:VBKG) which was up 5.04% to settle at 71.90 and Morphosys AG O.N. (DE:MORG) which gained 4.15% to close at 25.58.

The worst performers were Jenoptik AG (DE:JENGn) which was down 4.30% to 28.50 in late trade, Aixtron SE (DE:AIXGn) which lost 3.53% to settle at 20.25 and Infineon Technologies AG NA O.N. (DE:IFXGn) which was down 2.92% to 31.58 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 455 to 237 and 74 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.85% to 28.34.

Gold Futures for April delivery was up 1.09% or 20.90 to $1,933.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.89% or 3.01 to hit $107.25 a barrel, while the June Brent oil contract rose 2.86% or 3.08 to trade at $110.79 a barrel.

EUR/USD was up 0.60% to 1.12, while EUR/GBP unchanged 0.25% to 0.85.

The US Dollar Index Futures was down 0.52% at 97.93.

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