Germany stocks lower at close of trade; DAX down 1.13%
Investing.com
Published May 02, 2022 01:15PM ET
Germany stocks lower at close of trade; DAX down 1.13%
Investing.com – Germany stocks were lower after the close on Monday, as losses in the Construction, Technology and Industrials sectors led shares lower.
At the close in Frankfurt, the DAX fell 1.13%, while the MDAX index lost 1.90%, and the TecDAX index fell 2.14%.
The best performers of the session on the DAX were HelloFresh SE (ETR:HFGG), which rose 3.50% or 1.42 points to trade at 42.00 at the close. Meanwhile, Delivery Hero AG (ETR:DHER) added 1.89% or 0.64 points to end at 34.48 and Covestro AG (ETR:1COV) was up 0.29% or 0.12 points to 41.41 in late trade.
The worst performers of the session were Mercedes Benz Group AG (ETR:MBGn), which fell 7.27% or 4.88 points to trade at 62.22 at the close. BASF SE NA O.N. (ETR:BASFN) declined 5.90% or 2.97 points to end at 47.44 and Vonovia SE (ETR:VNAn) was down 5.45% or 2.07 points to 35.93.
The top performers on the MDAX were Wacker Chemie O.N. (ETR:WCHG) which rose 2.50% to 155.95, Hypoport AG (ETR:HYQGn) which was up 2.26% to settle at 271.00 and Lanxess AG (ETR:LXSG) which gained 1.08% to close at 37.49.
The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 7.32% to 70.70 in late trade, Siemens Energy AG (ETR:ENR1n) which lost 6.73% to settle at 17.19 and Varta AG (ETR:VAR1) which was down 5.52% to 84.82 at the close.
The top performers on the TecDAX were S&T AG (ETR:SANT1) which rose 1.11% to 16.38, Morphosys AG O.N. (ETR:MORG) which was up 0.99% to settle at 20.50 and Freenet AG NA (ETR:FNTGn) which gained 0.53% to close at 26.45.
The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 7.32% to 70.70 in late trade, Nagarro SE (ETR:NA9n) which lost 6.38% to settle at 126.20 and Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was down 6.12% to 63.65 at the close.
Get The News You Want
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 547 to 163 and 55 ended unchanged.
Shares in BASF SE NA O.N. (ETR:BASFN) fell to 52-week lows; losing 5.90% or 2.97 to 47.44. Shares in Vonovia SE (ETR:VNAn) fell to 3-years lows; losing 5.45% or 2.07 to 35.93. Shares in Siemens Energy AG (ETR:ENR1n) fell to all time lows; down 6.73% or 1.24 to 17.19.
The DAX volatility index, which measures the implied volatility of DAX options, was up 12.95% to 33.66 a new 1-month high.
Gold Futures for June delivery was down 2.47% or 47.15 to $1,864.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.19% or 0.20 to hit $104.89 a barrel, while the July Brent oil contract rose 0.21% or 0.23 to trade at $107.37 a barrel.
EUR/USD was unchanged 0.35% to 1.05, while EUR/GBP unchanged 0.29% to 0.84.
The US Dollar Index Futures was up 0.69% at 103.67.
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.