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Germany stocks lower at close of trade; DAX down 1.77%

Published 11/12/2018, 12:15 PM
Updated 11/12/2018, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.77%
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Investing.com – Germany stocks were lower after the close on Monday, as losses in the Technology, Software and Retail sectors led shares lower.

At the close in Frankfurt, the DAX declined 1.77%, while the MDAX index declined 1.39%, and the TecDAX index lost 3.70%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 0.50% or 0.21 points to trade at 42.17 at the close. Meanwhile, Deutsche Boerse AG (DE:DB1Gn) added 0.45% or 0.500 points to end at 111.650 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was up 0.39% or 0.38 points to 97.34 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 7.34% or 1.335 points to trade at 16.855 at the close. SAP SE (DE:SAPG) declined 5.53% or 5.265 points to end at 89.905 and Wirecard AG (DE:WDIG) was down 3.62% or 5.700 points to 151.700.

The top performers on the MDAX were Prosiebensat 1 Media AG (DE:PSMGn) which rose 2.24% to 17.3500, RTL Group SA (DE:RRTL) which was up 1.53% to settle at 52.950 and MTU Aero Engines NA O.N. (DE:MTXGn) which gained 1.26% to close at 184.90.

The worst performers were Metro AG (DE:MEOG) which was down 6.08% to 4.342 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 5.95% to settle at 124.800 and Wacker Chemie O.N. (DE:WCHG) which was down 5.80% to 84.52 at the close.

The top performers on the TecDAX were HelloFresh SE (DE:HFGG) which rose 2.88% to 11.06, TLG Immobilien AG (DE:TLGG) which was up 2.54% to settle at 24.24 and Nordex SE O.N. (DE:NDXG) which gained 1.16% to close at 9.580.

The worst performers were S&T AG (DE:SANT1) which was down 15.72% to 18.61 in late trade, Zooplus AG (DE:ZO1G) which lost 8.76% to settle at 126.10 and Aixtron SE NA O.N. (DE:AIXGn) which was down 8.32% to 9.2600 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 539 to 174 and 71 ended unchanged.

Shares in Zooplus AG (DE:ZO1G) fell to 52-week lows; losing 8.76% or 12.10 to 126.10.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.48% to 17.18.

Gold Futures for December delivery was down 0.21% or 2.50 to $1203.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.20% or 0.72 to hit $60.91 a barrel, while the January Brent oil contract rose 1.34% or 0.94 to trade at $71.12 a barrel.

EUR/USD was down 0.74% to 1.1252, while EUR/GBP rose 0.19% to 0.8752.

The US Dollar Index Futures was up 0.56% at 97.28.

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