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Germany stocks lower at close of trade; DAX down 3.8500%

Published 03/01/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 3.8500%
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CONG
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CBKG
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AIR
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RHMG
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SY1G
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EUZG
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Retail, Industrials and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX declined 3.8500% to hit a new 52-week low, while the MDAX index lost 2.7900%, and the TecDAX index lost 1.5100%.

The best performers of the session on the DAX were Symrise AG Inh. O.N. (DE:SY1G), which rose 4.2700% or 4.55000019 points to trade at 111.05000305 at the close. Meanwhile, Beiersdorf AG O.N. (DE:BEIG) added 3.1600% or 2.85999990 points to end at 93.27999878 and Sartorius AG VZO O.N. (DE:SATG_p) was up 1.9500% or 7.69999981 points to 401.89999390 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 9.9900% or 7.67000008 points to trade at 69.12999725 at the close. Zalando SE (DE:ZALG) declined 9.2500% or 5.51000023 points to end at 54.06999969 and Airbus Group SE (DE:AIRG) was down 9.1500% or 10.53999996 points to 104.62000275.

The top performers on the MDAX were Rheinmetall AG (DE:RHMG) which rose 17.0100% to 156.85000610, Scout24 AG (DE:G24n) which was up 4.4100% to settle at 54.50000000 and Aurubis AG (DE:NAFG) which gained 0.5200% to close at 105.59999847.

The worst performers were Commerzbank AG O.N. (DE:CBKG) which was down 11.6400% to 6.65700006 in late trade, AUTO1 Group SE (DE:AG1G) which lost 8.7500% to settle at 11.78999996 and Uniper SE (DE:UN01) which was down 8.0900% to 26.19499969 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 1.9500% to 401.89999390, Nordex SE O.N. (DE:NDXG) which was up 1.2600% to settle at 16.11000061 and Carl Zeiss Meditec AG (DE:AFXG) which gained 0.5000% to close at 141.55000305.

The worst performers were Jenoptik AG (DE:JENGn) which was down 7.7700% to 29.89999962 in late trade, Eckert & Ziegler AG O.N. (DE:EUZG) which lost 6.1100% to settle at 62.20000076 and TeamViewer AG (DE:TMV) which was down 5.5700% to 13.56000042 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 537 to 171 and 57 ended unchanged.

Shares in Continental AG O.N. (DE:CONG) fell to 52-week lows; down 9.9900% or 7.67000008 to 69.12999725. Shares in Zalando SE (DE:ZALG) fell to 52-week lows; falling 9.2500% or 5.51000023 to 54.06999969. Shares in Rheinmetall AG (DE:RHMG) rose to all time highs; up 17.0100% or 22.79999924 to 156.85000610. Shares in AUTO1 Group SE (DE:AG1G) fell to all time lows; losing 8.7500% or 1.13000000 to 11.78999996. Shares in Aurubis AG (DE:NAFG) rose to all time highs; gaining 0.5200% or 0.55000001 to 105.59999847. Shares in Uniper SE (DE:UN01) fell to 52-week lows; down 8.0900% or 2.30500007 to 26.19499969.

The DAX volatility index, which measures the implied volatility of DAX options, was up 14.2500% to 39.04000092 a new 52-week high.

Gold Futures for April delivery was up 2.0300% or 38.54999924 to $1939.25000000 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 9.0900% or 8.69999981 to hit $104.41999817 a barrel, while the May Brent oil contract rose 8.0400% or 7.88000011 to trade at $105.84999847 a barrel.

EUR/USD was down 0.9894% to 1.11080003, while EUR/GBP fell 0.1735% to 0.83434999.

The US Dollar Index Futures was up 0.8100% at 97.47699738.

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