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Germany stocks lower at close of trade; DAX down 2.19%

Published 09/26/2016, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 2.19%
DE40
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DBKGn
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CBKG
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TKAG
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LXSG
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BEIG
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PSMGn
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SZUG
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CXPDX
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MDAXI
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TECDAX
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EVDG
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Investing.com – Germany stocks were lower after the close on Monday, as losses in the Insurance, Media and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX fell 2.19%, while the MDAX index lost 1.00%, and the TecDAX index declined 1.20%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which fell 0.26% or 0.055 points to trade at 21.080 at the close. Meanwhile, Vonovia SE (DE:VNAn) fell 0.67% or 0.23 points to end at 34.12 and Beiersdorf AG O.N. (DE:BEIG) was down 0.77% or 0.650 points to 83.600 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 7.54% or 0.860 points to trade at 10.550 at the close. Prosiebensat 1 Media AG (DE:PSMGn) declined 4.15% or 1.600 points to end at 36.925 and Commerzbank AG O.N. (DE:CBKG) was down 4.08% or 0.257 points to 6.046.

The top performers on the MDAX were Lanxess AG (DE:LXSG) which rose 8.14% to 52.660, Stroeer SE (DE:SAXG) which was up 3.55% to settle at 39.040 and Suedzucker AG (DE:SZUG) which gained 1.75% to close at 24.140.

The worst performers were K+S AG NA O.N. (DE:SDFGn) which was down 6.86% to 16.700 in late trade, Duerr AG (DE:DUEG) which lost 2.90% to settle at 76.060 and CTS Eventim AG (DE:EVDG) which was down 2.57% to 30.855 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 5.36% to 24.550, Nemetschek AG O.N. (DE:NEKG) which was up 0.39% to settle at 54.160 and Jenoptik AG (DE:JENG) which gained 0.25% to close at 15.995.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 3.03% to 33.715 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 2.53% to settle at 3.692 and GFT Technologies AG (DE:GFTG) which was down 2.35% to 18.320 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 701 to 178 and 29 ended unchanged.

Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) fell to all time lows; falling 7.54% or 0.860 to 10.550. Shares in Lanxess AG (DE:LXSG) rose to 52-week highs; up 8.14% or 3.965 to 52.660. Shares in K+S AG NA O.N. (DE:SDFGn) fell to 3-years lows; losing 6.86% or 1.230 to 16.700. Shares in Suedzucker AG (DE:SZUG) rose to 3-years highs; rising 1.75% or 0.415 to 24.140.

The DAX volatility index, which measures the implied volatility of DAX options, was up 21.54% to 19.04.

Gold for December delivery was up 0.10% or 1.30 to $1343.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 3.15% or 1.40 to hit $45.88 a barrel, while the December Brent oil contract rose 2.84% or 1.32 to trade at $47.80 a barrel.

EUR/USD was up 0.32% to 1.1263, while EUR/GBP rose 0.15% to 0.8680.

The US Dollar Index was down 0.30% at 95.12.

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