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Germany stocks lower at close of trade; DAX down 0.19%

Published 06/28/2017, 12:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.19%
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Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Utilities, Basic Resources and Software sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.19%, while the MDAX index fell 0.29%, and the TecDAX index lost 1.09%.

The best performers of the session on the DAX were Lufthansa AG VNA O.N. (DE:LHAG), which rose 3.57% or 0.690 points to trade at 20.030 at the close. Meanwhile, Commerzbank AG O.N. (DE:CBKG) added 3.21% or 0.319 points to end at 10.260 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.42% or 0.220 points to 15.740 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 2.36% or 0.435 points to trade at 17.965 at the close. E.ON SE NA (DE:EONGn) declined 1.28% or 0.111 points to end at 8.574 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 1.20% or 1.50 points to 124.00.

The top performers on the MDAX were Aareal Bank AG (DE:ARLG) which rose 2.50% to 34.915, Schaeffler AG Pref (DE:SHA_p) which was up 1.84% to settle at 12.73 and STADA Arzneimittel VNA O.N. (DE:STAGn) which gained 1.80% to close at 61.000.

The worst performers were Hella KGaA Hueck & Co (DE:HLE) which was down 2.71% to 43.60 in late trade, Aurubis AG (DE:NAFG) which lost 2.03% to settle at 67.930 and Bilfinger SE O.N. (DE:GBFG) which was down 1.91% to 33.340 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 2.42% to 27.285, Nordex SE O.N. (DE:NDXG) which was up 1.26% to settle at 10.865 and S&T AG (F:SANT1) which gained 0.66% to close at 13.770.

The worst performers were Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 2.93% to 130.75 in late trade, Adva Optical Networking SE (DE:ADAG) which lost 2.58% to settle at 9.167 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 2.55% to 92.380 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 481 to 229 and 17 ended unchanged.

Shares in Lufthansa AG VNA O.N. (DE:LHAG) rose to 3-years highs; gaining 3.57% or 0.690 to 20.030. Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; rising 3.21% or 0.319 to 10.260.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.05% to 13.99.

Gold Futures for August delivery was up 0.26% or 3.28 to $1250.18 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.88% or 0.39 to hit $44.63 a barrel, while the September Brent oil contract rose 1.02% or 0.48 to trade at $47.40 a barrel.

EUR/USD was up 0.28% to 1.1372, while EUR/GBP fell 0.71% to 0.8786.

The US Dollar Index Futures was down 0.43% at 95.77.

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