Germany stocks lower at close of trade; DAX down 0.31%

Investing.com

Published Jan 11, 2019 12:15PM ET

Germany stocks lower at close of trade; DAX down 0.31%

Germany stocks lower at close of trade; DAX down 0.31%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Industrials, Retail and Software sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.31%, while the MDAX index fell 0.18%, and the TecDAX index declined 0.54%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 2.86% or 1.15 points to trade at 41.30 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 1.72% or 0.335 points to end at 19.825 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 0.98% or 0.175 points to 18.105 in late trade.

The worst performers of the session were Fresenius SE & Co KGAA O.N. (DE:FREG), which fell 2.71% or 1.200 points to trade at 43.020 at the close. Continental AG O.N. (DE:CONG) declined 2.05% or 2.65 points to end at 126.50 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 1.89% or 2.74 points to 142.18.

The top performers on the MDAX were Hella KGaA Hueck & Co (DE:HLE) which rose 5.04% to 39.20, Deutsche Euroshop AG (DE:DEQGn) which was up 1.87% to settle at 26.180 and Deutsche Wohnen AG (DE:DWNG) which gained 1.70% to close at 41.990.

The worst performers were Kion Group AG (DE:KGX) which was down 4.24% to 44.71 in late trade, Drillisch AG (DE:DRIG) which lost 3.78% to settle at 38.680 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 3.46% to 114.300 at the close.

The top performers on the TecDAX were Rhoen Klinikum AG (DE:RHKG) which rose 3.44% to 22.880, Suedzucker AG (DE:SZUG) which was up 2.76% to settle at 13.030 and S&T AG (DE:SANT1) which gained 2.11% to close at 17.41.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 4.79% to 9.75 in late trade, Leoni AG (DE:LEOGn) which lost 4.52% to settle at 29.980 and Aumann AG (DE:AAGG) which was down 3.73% to 32.2500 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 372 to 322 and 83 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.92% to 19.85 a new 1-month low.

Gold Futures for February delivery was up 0.23% or 2.90 to $1290.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.64% or 0.86 to hit $51.73 a barrel, while the March Brent oil contract fell 1.65% or 1.02 to trade at $60.66 a barrel.

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EUR/USD was down 0.13% to 1.1482, while EUR/GBP fell 0.87% to 0.8939.

The US Dollar Index Futures was up 0.04% at 95.157.

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