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Germany stocks lower at close of trade; DAX down 3.96%

Published 02/24/2022, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 3.96%
DE40
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DBKGn
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CONG
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CBKG
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DTEGn
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RHMG
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FNTGn
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RWEG
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NDXG
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AIXGn
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CXPPX
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CXPRX
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CXPSX
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MDAXI
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TECDAX
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V1XI
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EVTG
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S92G
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O2Dn
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1COV
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UN0k
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HFGG
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KBX
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ENR1n
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Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Software, Retail and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX lost 3.96% to hit a new 6-months low, while the MDAX index unchanged 0%, and the TecDAX index unchanged 0%.

The best performers of the session on the DAX were Siemens Energy AG (DE:ENR1n), which rose 7.38% or 1.34 points to trade at 19.48 at the close. Meanwhile, HelloFresh SE (DE:HFGG) unchanged 0% or 0 points to end at 47.46 and RWE AG ST O.N. (DE:RWEG) was up 0.45% or 0.170 points to 37.710 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which unchanged 0% or 0 points to trade at 12.874 at the close. Covestro AG (DE:1COV) unchanged 0% or 0 points to end at 51.760 and Continental AG O.N. (DE:CONG) was down 7.48% or 6.34 points to 78.45.

The top performers on the MDAX were Aixtron SE (DE:AIXGn) which rose 7.73% to 17.500, Rheinmetall AG (DE:RHMG) which was up 3.38% to settle at 100.050 and Evotec AG O.N. (DE:EVTG) which unchanged 0% to close at 24.990.

The worst performers were Uniper SE (DE:UN01) which was unchanged 0% to 36.690 in late trade, Commerzbank AG O.N. (DE:CBKG) which unchanged 0% to settle at 8.598 and Knorr-Bremse AG (DE:KBX) which was unchanged 0% to 87.84 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which unchanged 0% to 12.200, SMA Solar Technology AG (DE:S92G) which was unchanged 0% to settle at 28.160 and Aixtron SE (DE:AIXGn) which gained 7.73% to close at 17.500.

The worst performers were Freenet AG NA (DE:FNTGn) which was down 6.19% to 22.870 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which unchanged 0% to settle at 2.561 and Deutsche Telekom AG Na (DE:DTEGn) which was down 5.40% to 15.586 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 618 to 113 and 40 ended unchanged.

Shares in Covestro AG (DE:1COV) unchanged to 52-week lows; unchanged 0% or 0 to 51.760. Shares in Continental AG O.N. (DE:CONG) fell to 52-week lows; falling 7.48% or 6.34 to 78.45. Shares in Uniper SE (DE:UN01) unchanged to 52-week lows; unchanged 0% or 0 to 36.690. Shares in Rheinmetall AG (DE:RHMG) rose to 52-week highs; up 3.38% or 3.270 to 100.050. Shares in Knorr-Bremse AG (DE:KBX) unchanged to 52-week lows; unchanged 0% or 0 to 87.84.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0% to 34.69 a new 52-week high.

Gold Futures for April delivery was up 0.63% or 12.05 to $1911.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.68% or 3.32 to hit $93.53 a barrel, while the May Brent oil contract rose 2.10% or 1.95 to trade at $94.94 a barrel.

EUR/USD was unchanged 0% to 1.1312, while EUR/GBP unchanged 0% to 0.8321.

The US Dollar Index Futures was up 0.10% at 96.112.

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