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Germany stocks lower at close of trade; DAX down 2.07%

Published 02/21/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 2.07%
DE40
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LHAG
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CONG
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PSHG_p
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BMWG
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LXSG
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WCHG
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QIA
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CXPCX
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CXPLX
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CXPNX
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MDAXI
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TECDAX
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V1XI
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EVTG
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DWNG
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JENGn
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SHLG
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KBX
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ENR1n
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NA9n
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AG1G
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SUSEG
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Investing.com – Germany stocks were lower after the close on Monday, as losses in the Chemicals, Transportation & Logistics and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX declined 2.07% to hit a new 6-months low, while the MDAX index declined 1.95%, and the TecDAX index lost 1.80%.

The best performers of the session on the DAX were Siemens Healthineers AG (DE:SHLG), which rose 0.23% or 0.12 points to trade at 53.10 at the close. Meanwhile, Siemens Energy AG (DE:ENR1n) fell 0.27% or 0.05 points to end at 18.37 and Qiagen NV (DE:QIA) was down 0.49% or 0.210 points to 42.930 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 3.91% or 3.42 points to trade at 84.09 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 3.24% or 3.090 points to end at 92.290 and Porsche Automobil Holding SE (DE:PSHG_p) was down 3.16% or 2.660 points to 81.560.

The top performers on the MDAX were AUTO1 Group SE (DE:AG1G) which fell 0.20% to 12.37, Deutsche Wohnen AG (DE:DWNG) which was down 0.28% to settle at 36.150 and Deutsche Lufthansa AG (DE:LHAG) which lost 0.35% to close at 7.508.

The worst performers were Lanxess AG (DE:LXSG) which was down 4.82% to 48.600 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 4.67% to settle at 124.65 and Knorr-Bremse AG (DE:KBX) which was down 4.29% to 87.84 at the close.

The top performers on the TecDAX were Siemens Healthineers AG (DE:SHLG) which rose 0.23% to 53.10, Qiagen NV (DE:QIA) which was down 0.49% to settle at 42.930 and Nagarro SE (DE:NA9n) which lost 0.79% to close at 125.50.

The worst performers were Suse SA (DE:SUSEG) which was down 4.00% to 24.00 in late trade, Jenoptik AG (DE:JENGn) which lost 3.99% to settle at 29.840 and Evotec AG O.N. (DE:EVTG) which was down 3.51% to 24.990 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 630 to 94 and 49 ended unchanged.

Shares in AUTO1 Group SE (DE:AG1G) fell to all time lows; down 0.20% or 0.03 to 12.37. Shares in Lanxess AG (DE:LXSG) fell to 52-week lows; losing 4.82% or 2.460 to 48.600. Shares in Suse SA (DE:SUSEG) fell to all time lows; falling 4.00% or 1.00 to 24.00. Shares in Evotec AG O.N. (DE:EVTG) fell to 52-week lows; losing 3.51% or 0.910 to 24.990.

The DAX volatility index, which measures the implied volatility of DAX options, was up 12.74% to 34.69 a new 52-week high.

Gold Futures for April delivery was up 0.07% or 1.30 to $1901.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.21% or 1.99 to hit $92.20 a barrel, while the May Brent oil contract rose 2.31% or 2.11 to trade at $93.50 a barrel.

EUR/USD was up 0.04% to 1.1325, while EUR/GBP fell 0.07% to 0.8323.

The US Dollar Index Futures was down 0.06% at 95.963.

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