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Germany stocks lower at close of trade; DAX down 1.47%

Published 02/18/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.47%
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Retail, Software and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.47%, while the MDAX index fell 1.25%, and the TecDAX index lost 2.22%.

The best performers of the session on the DAX were Beiersdorf AG O.N. (DE:BEIG), which rose 0.89% or 0.800 points to trade at 91.120 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 0.27% or 0.160 points to end at 59.360 and MTU Aero Engines NA O.N. (DE:MTXGn) was up 0.24% or 0.50 points to 208.00 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 7.57% or 3.88 points to trade at 47.36 at the close. HelloFresh SE (DE:HFGG) declined 5.43% or 2.75 points to end at 47.87 and Zalando SE (DE:ZALG) was down 4.83% or 3.02 points to 59.48.

The top performers on the MDAX were Commerzbank AG O.N. (DE:CBKG) which rose 4.03% to 9.210, Gerresheimer AG (DE:GXIG) which was up 1.37% to settle at 73.850 and Hella KGaA Hueck & Co (DE:HLE) which gained 1.35% to close at 63.08.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 7.53% to 25.900 in late trade, AUTO1 Group SE (DE:AG1G) which lost 6.98% to settle at 12.39 and Hypoport AG (DE:HYQGn) which was down 3.87% to 353.000 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which fell 0.38% to 2.638, Qiagen NV (DE:QIA) which was down 0.46% to settle at 43.140 and Freenet AG NA (DE:FNTGn) which lost 0.51% to close at 25.580.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 7.53% to 25.900 in late trade, Eckert & Ziegler AG O.N. (DE:EUZG) which lost 4.76% to settle at 64.050 and SMA Solar Technology AG (DE:S92G) which was down 4.10% to 29.000 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 554 to 156 and 61 ended unchanged.

Shares in HelloFresh SE (DE:HFGG) fell to 52-week lows; losing 5.43% or 2.75 to 47.87. Shares in Zalando SE (DE:ZALG) fell to 52-week lows; losing 4.83% or 3.02 to 59.48. Shares in Commerzbank AG O.N. (DE:CBKG) rose to 3-years highs; gaining 4.03% or 0.357 to 9.210. Shares in Evotec AG O.N. (DE:EVTG) fell to 52-week lows; falling 7.53% or 2.110 to 25.900. Shares in AUTO1 Group SE (DE:AG1G) fell to all time lows; falling 6.98% or 0.93 to 12.39. Shares in Hypoport AG (DE:HYQGn) fell to 52-week lows; losing 3.87% or 14.200 to 353.000. Shares in Evotec AG O.N. (DE:EVTG) fell to 52-week lows; losing 7.53% or 2.110 to 25.900. Shares in SMA Solar Technology AG (DE:S92G) fell to 52-week lows; losing 4.10% or 1.240 to 29.000.

The DAX volatility index, which measures the implied volatility of DAX options, was up 10.56% to 30.77 a new 52-week high.

Gold Futures for April delivery was down 0.13% or 2.55 to $1899.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.16% or 0.15 to hit $91.61 a barrel, while the April Brent oil contract rose 0.40% or 0.37 to trade at $93.34 a barrel.

EUR/USD was down 0.29% to 1.1327, while EUR/GBP fell 0.04% to 0.8336.

The US Dollar Index Futures was up 0.29% at 96.085.

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