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Germany stocks lower at close of trade; DAX down 1.75%

Published 02/04/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.75%
DE40
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DBKGn
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CBKG
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BMWG
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IFXGn
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HNRGn
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SDFGn
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QIA
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MORG
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CXPCX
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CXPHX
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CXPLX
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MDAXI
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TECDAX
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V1XI
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EVTG
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WAFGn
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HFGG
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LIN
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TMV
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AG1G
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SUSEG
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Investing.com – Germany stocks were lower after the close on Friday, as losses in the Technology, Chemicals and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.75%, while the MDAX index fell 1.67%, and the TecDAX index fell 1.37%.

The best performers of the session on the DAX were HelloFresh SE (DE:HFGG), which rose 2.44% or 1.30 points to trade at 54.68 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.40% or 0.318 points to end at 13.578 and Qiagen NV (DE:QIA) was up 1.59% or 0.680 points to 43.430 in late trade.

The worst performers of the session were Linde PLC (DE:LINI), which fell 5.10% or 14.050 points to trade at 261.450 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 4.37% or 4.100 points to end at 89.660 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 3.75% or 1.305 points to 33.495.

The top performers on the MDAX were TeamViewer AG (DE:TMV) which rose 6.38% to 16.01, K&S AG (DE:SDFGn) which was up 2.33% to settle at 18.650 and Commerzbank AG O.N. (DE:CBKG) which gained 2.17% to close at 8.700.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 16.06% to 30.470 in late trade, Hannover Rueck SE (DE:HNRGn) which lost 4.15% to settle at 165.15 and AUTO1 Group SE (DE:AG1G) which was down 3.88% to 14.26 at the close.

The top performers on the TecDAX were TeamViewer AG (DE:TMV) which rose 6.38% to 16.01, Suse SA (DE:SUSEG) which was up 2.08% to settle at 29.40 and Morphosys AG O.N. (DE:MORG) which gained 1.73% to close at 27.710.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 16.06% to 30.470 in late trade, Siltronic AG (DE:WAFGn) which lost 4.72% to settle at 110.100 and Infineon Technologies AG NA O.N. (DE:IFXGn) which was down 3.75% to 33.495 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 502 to 210 and 60 ended unchanged.

Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) rose to 3-years highs; up 2.40% or 0.318 to 13.578. Shares in Commerzbank AG O.N. (DE:CBKG) rose to 3-years highs; rising 2.17% or 0.185 to 8.700. Shares in Siltronic AG (DE:WAFGn) fell to 52-week lows; down 4.72% or 5.450 to 110.100.

The DAX volatility index, which measures the implied volatility of DAX options, was up 9.15% to 25.29.

Gold Futures for April delivery was up 0.19% or 3.35 to $1807.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.67% or 2.41 to hit $92.68 a barrel, while the April Brent oil contract rose 2.49% or 2.27 to trade at $93.38 a barrel.

EUR/USD was up 0.20% to 1.1460, while EUR/GBP rose 0.58% to 0.8459.

The US Dollar Index Futures was up 0.00% at 95.380.

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