Germany stocks lower at close of trade; DAX down 0.21%

Germany stocks lower at close of trade; DAX down 0.21%

Nov 05, 2018

Germany stocks were lower after the close on Monday, as losses in the Technology, Retail and Media sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.21%, while the MDAX index fell 0.91%, and the TecDAX index lost 0.77%.

The best performers of the session on the DAX were E.ON SE NA (DE:EONGn), which rose 1.23% or 0.106 points to trade at 8.746 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 0.98% or 0.660 points to end at 68.200 and RWE AG ST O.N. (DE:RWEG) was up 0.76% or 0.135 points to 17.825 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 3.88% or 0.720 points to trade at 17.845 at the close. Continental AG O.N. (DE:CONG) declined 2.82% or 4.20 points to end at 144.55 and Covestro AG (DE:1COV) was down 2.49% or 1.500 points to 58.660.

The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 17.10% to 106.63, Siemens Healthineers AG (DE:SHLG) which was up 2.85% to settle at 37.16 and Uniper SE (DE:UN01) which gained 2.16% to close at 26.000.

The worst performers were Siltronic AG (DE:WAFGn) which was down 5.05% to 80.180 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 4.15% to settle at 111.000 and Delivery Hero AG (DE:DHER) which was down 3.90% to 35.94 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE:DRWG_p) which rose 7.33% to 53.450, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 7.14% to settle at 120.00 and SMA Solar Technology AG (DE:S92G) which gained 1.84% to close at 21.080.

The worst performers were Grenke N AG (DE:GLJn) which was down 9.02% to 78.70 in late trade, RIB Software AG Na (DE:RIB) which lost 6.35% to settle at 14.150 and Aixtron SE NA O.N. (DE:AIXGn) which was down 6.04% to 10.8950 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 402 to 307 and 70 ended unchanged.

Shares in Grenke N AG (DE:GLJn) fell to 52-week lows; losing 9.02% or 7.80 to 78.70.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.25% to 19.69.

Gold Futures for December delivery was up 0.01% or 0.10 to $1231.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.35% or 0.22 to hit $63.36 a barrel, while the January Brent oil contract rose 0.43% or 0.31 to trade at $73.14 a barrel.

EUR/USD was up 0.04% to 1.1393, while EUR/GBP fell 0.31% to 0.8753.

The US Dollar Index Futures was down 0.11% at 96.24.

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