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Germany stocks lower at close of trade; DAX down 2.17%

Published 10/23/2018, 12:15 PM
Updated 10/23/2018, 12:16 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 2.17%
DE40
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BAYGN
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LHAG
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FMEG
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IFXGn
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WDIG
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HOTG
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NDXG
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AIXGn
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HDDG
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1U1
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CXPHX
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CXPPX
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CXPRX
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MDAXI
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TECDAX
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V1XI
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SKBG
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EVTG
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JENGn
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OSRn
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WAFGn
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DHER
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LIN1
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DWSG
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Pharmaceuticals & Healthcare, Technology and Retail sectors led shares lower.

At the close in Frankfurt, the DAX declined 2.17% to hit a new 52-week low, while the MDAX index fell 2.61%, and the TecDAX index declined 3.42%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 0.80% or 0.560 points to trade at 70.560 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 0.28% or 0.050 points to end at 18.175 and Linde AG 1 (DE:LIN1) was up 0.05% or 0.1000 points to 219.0000 in late trade.

The worst performers of the session were Bayer AG NA (DE:BAYGN), which fell 9.52% or 7.29 points to trade at 69.25 at the close. Wirecard AG (DE:WDIG) declined 7.82% or 13.700 points to end at 161.600 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 3.42% or 0.610 points to 17.245.

The top performers on the MDAX were Hochtief AG (DE:HOTG) which rose 1.62% to 132.10, Osram Licht AG (DE:OSRn) which was up 0.53% to settle at 33.98 and Drillisch AG (DE:DRIG) which gained 0.10% to close at 38.840.

The worst performers were Siltronic AG (DE:WAFGn) which was down 8.17% to 85.380 in late trade, Delivery Hero AG (DE:DHER) which lost 7.69% to settle at 32.88 and Evotec AG O.N. (DE:EVTG) which was down 6.53% to 16.240 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 2.17% to 8.206, DWS Group GmbH & Co KgaA (DE:DWSG) which was up 1.56% to settle at 23.77 and Jenoptik AG (DE:JENGn) which gained 0.31% to close at 25.920.

The worst performers were Aixtron SE NA O.N. (DE:AIXGn) which was down 9.11% to 8.5840 in late trade, Koenig & Bauer AG ST O.N. (DE:SKBG) which lost 8.17% to settle at 44.080 and Heidelberger Druckmaschinen O.N. (DE:HDDG) which was down 7.31% to 1.9020 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 648 to 81 and 51 ended unchanged.

Shares in Bayer AG NA (DE:BAYGN) fell to 5-year lows; falling 9.52% or 7.29 to 69.25. Shares in Linde AG 1 (DE:LIN1) rose to all time highs; gaining 0.05% or 0.1000 to 219.0000. Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) fell to 52-week lows; losing 3.42% or 0.610 to 17.245. Shares in Siltronic AG (DE:WAFGn) fell to 52-week lows; falling 8.17% or 7.600 to 85.380. Shares in Koenig & Bauer AG ST O.N. (DE:SKBG) fell to 52-week lows; down 8.17% or 3.920 to 44.080. Shares in Heidelberger Druckmaschinen O.N. (DE:HDDG) fell to 52-week lows; down 7.31% or 0.1500 to 1.9020.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.54% to 19.00.

Gold Futures for December delivery was up 1.21% or 14.80 to $1236.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.29% or 2.97 to hit $66.20 a barrel, while the December Brent oil contract fell 4.38% or 3.50 to trade at $76.33 a barrel.

EUR/USD was up 0.17% to 1.1485, while EUR/GBP fell 0.10% to 0.8839.

The US Dollar Index Futures was down 0.18% at 95.58.

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