Germany stocks lower at close of trade; DAX down 0.89%

Investing.com

Published Jun 15, 2017 12:15PM ET

Germany stocks lower at close of trade; DAX down 0.89%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Basic Resources, Telecoms and Technology sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.89%, while the MDAX index declined 1.13%, and the TecDAX index fell 1.38%.

The best performers of the session on the DAX were Deutsche Boerse AG (DE:DB1Gn), which rose 0.84% or 0.790 points to trade at 94.800 at the close. Meanwhile, Commerzbank AG O.N. (DE:CBKG) added 0.45% or 0.042 points to end at 9.342 and Bayer AG NA (DE:BAYGN) was up 0.12% or 0.15 points to 121.60 in late trade.

The worst performers of the session were Deutsche Telekom AG Na (DE:DTEGn), which fell 2.38% or 0.400 points to trade at 16.395 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 2.33% or 0.555 points to end at 23.315 and Adidas AG (DE:ADSGN) was down 2.22% or 3.95 points to 173.65.

The top performers on the MDAX were LEG Immobilien AG (DE:LEGn) which rose 0.76% to 84.590, Aareal Bank AG (DE:ARLG) which was up 0.39% to settle at 34.925 and Schaeffler AG Pref (DE:SHA_p) which gained 0.17% to close at 14.94.

The worst performers were Salzgitter AG (DE:SZGG) which was down 3.69% to 33.400 in late trade, Leoni AG (DE:LEOGn) which lost 3.20% to settle at 47.310 and Wacker Chemie O.N. (DE:WCHG) which was down 2.65% to 91.64 at the close.

The top performers on the TecDAX were Wirecard AG (DE:WDIG) which rose 0.42% to 59.350, Nordex SE O.N. (DE:NDXG) which was up 0.30% to settle at 11.765 and Slm Solution G (DE:AM3D) which gained 0.14% to close at 38.05.

The worst performers were Siltronic AG (DE:WAFGn) which was down 6.43% to 77.660 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 4.34% to settle at 10.900 and Dialog Semiconductor (DE:DLGS) which was down 3.82% to 39.980 at the close.

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Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 503 to 216 and 23 ended unchanged.

Shares in Deutsche Boerse AG (DE:DB1Gn) rose to 5-year highs; rising 0.84% or 0.790 to 94.800. Shares in Nordex SE O.N. (DE:NDXG) rose to 52-week lows; gaining 0.30% or 0.035 to 11.765.

The DAX volatility index, which measures the implied volatility of DAX options, was up 10.65% to 14.41.

Gold Futures for August delivery was down 1.57% or 20.05 to $1255.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.54% or 0.24 to hit $44.49 a barrel, while the August Brent oil contract fell 0.21% or 0.10 to trade at $46.90 a barrel.

EUR/USD was down 0.67% to 1.1143, while EUR/GBP fell 0.68% to 0.8740.

The US Dollar Index Futures was up 0.61% at 97.50.

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