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Germany stocks lower at close of trade; DAX down 1.64%

Published 05/06/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.64%
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Software, Media and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX declined 1.64% to hit a new 1-month low, while the MDAX index lost 2.07%, and the TecDAX index lost 2.48%.

The best performers of the session on the DAX were Henkel & Co KGaA AG Pref (ETR:HNKG_p), which rose 3.06% or 1.82 points to trade at 61.38 at the close. Meanwhile, Mercedes Benz Group AG (ETR:MBGn) added 1.77% or 1.08 points to end at 62.08 and Bayerische Motoren Werke AG (ETR:BMWG) was up 1.32% or 1.03 points to 79.06 in late trade.

The worst performers of the session were Symrise AG Inh. O.N. (ETR:SY1G), which fell 6.36% or 6.95 points to trade at 102.40 at the close. Delivery Hero AG (ETR:DHER) declined 4.61% or 1.43 points to end at 29.56 and Vonovia SE (ETR:VNAn) was down 4.54% or 1.63 points to 34.26.

The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 4.50% to 24.61, Duerr AG (ETR:DUEG) which was up 1.39% to settle at 24.86 and Lanxess AG (ETR:LXSG) which gained 1.36% to close at 35.82.

The worst performers were Freenet AG NA (ETR:FNTGn) which was down 17.41% to 21.77 in late trade, Prosiebensat 1 Media AG (ETR:PSMGn) which lost 10.96% to settle at 9.46 and Nemetschek AG O.N. (ETR:NEKG) which was down 7.46% to 65.26 at the close.

The top performers on the TecDAX were Aixtron SE (ETR:AIXGn) which rose 4.50% to 24.61, Suse SA (ETR:SUSEG) which was up 0.53% to settle at 30.46 and TeamViewer AG (ETR:TMV) which gained 0.32% to close at 12.55.

The worst performers were Freenet AG NA (ETR:FNTGn) which was down 17.41% to 21.77 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 7.46% to settle at 65.26 and 11 AG (ETR:1U1) which was down 4.60% to 19.27 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 533 to 158 and 73 ended unchanged.

Shares in Vonovia SE (ETR:VNAn) fell to 3-years lows; losing 4.54% or 1.63 to 34.26. Shares in Prosiebensat 1 Media AG (ETR:PSMGn) fell to 52-week lows; falling 10.96% or 1.16 to 9.46. Shares in 11 AG (ETR:1U1) fell to 52-week lows; losing 4.60% or 0.93 to 19.27.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.50% to 32.38.

Gold Futures for June delivery was up 0.43% or 8.02 to $1,883.72 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.65% or 1.79 to hit $110.05 a barrel, while the July Brent oil contract rose 1.47% or 1.63 to trade at $112.53 a barrel.

EUR/USD was unchanged 0.27% to 1.06, while EUR/GBP unchanged 0.39% to 0.86.

The US Dollar Index Futures was down 0.27% at 103.52.

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