Germany stocks lower at close of trade; DAX down 0.65%
Investing.com
Published Dec 05, 2019 01:15PM ET
Germany stocks lower at close of trade; DAX down 0.65%
Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Chemicals, Industrials and Consumer & Cyclical sectors led shares lower.
At the close in Frankfurt, the DAX lost 0.65%, while the MDAX index declined 0.33%, and the TecDAX index fell 0.16%.
The best performers of the session on the DAX were MTU Aero Engines NA O.N. (DE:MTXGn), which rose 2.41% or 6.10 points to trade at 259.10 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 0.63% or 0.65 points to end at 104.00 and Bayerische Motoren Werke AG (DE:BMWG) was up 0.07% or 0.050 points to 72.810 in late trade.
The worst performers of the session were Siemens AG Class N (DE:SIEGn), which fell 1.53% or 1.80 points to trade at 116.14 at the close. Beiersdorf AG O.N. (DE:BEIG) declined 1.38% or 1.450 points to end at 103.900 and Linde PLC (DE:LINI) was down 1.24% or 2.300 points to 182.600.
The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 4.06% to 82.440, MTU Aero Engines NA O.N. (DE:MTXGn) which was up 2.41% to settle at 259.10 and Talanx AG NA O.N. (DE:TLXGn) which gained 2.30% to close at 43.560.
The worst performers were Knorr-Bremse AG (DE:KBX) which was down 2.47% to 86.01 in late trade, Hella KGaA Hueck & Co (DE:HLE) which lost 2.03% to settle at 48.36 and Leoni AG (DE:LEOGn) which was down 1.43% to 11.055 at the close.
The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 4.06% to 82.440, Jenoptik AG (DE:JENGn) which was up 1.45% to settle at 26.560 and Isra Vision O.N. (DE:ISRG) which gained 1.40% to close at 40.50.
The worst performers were New Work SE (DE:NWOn) which was down 1.58% to 281.00 in late trade, SLM Solutions Group AG (DE:AM3D) which lost 1.36% to settle at 15.98 and Drillisch AG (DE:DRIG) which was down 0.95% to 22.840 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 390 to 290 and 76 ended unchanged.
Shares in MTU Aero Engines NA O.N. (DE:MTXGn) rose to all time highs; gaining 2.41% or 6.10 to 259.10. Shares in MTU Aero Engines NA O.N. (DE:MTXGn) rose to all time highs; rising 2.41% or 6.10 to 259.10. Shares in Talanx AG NA O.N. (DE:TLXGn) rose to all time highs; rising 2.30% or 0.980 to 43.560.
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The DAX volatility index, which measures the implied volatility of DAX options, was up 1.37% to 16.24.
Gold Futures for February delivery was up 0.22% or 3.25 to $1483.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.10% or 0.06 to hit $58.49 a barrel, while the February Brent oil contract rose 0.54% or 0.34 to trade at $63.34 a barrel.
EUR/USD was up 0.24% to 1.1103, while EUR/GBP fell 0.19% to 0.8436.
The US Dollar Index Futures was down 0.26% at 97.350.
Written By: Investing.com
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