Germany stocks lower at close of trade; DAX down 0.33%
2022.06.01 20:21
Germany stocks lower at close of trade; DAX down 0.33%
Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Retail, Construction and Transportation & Logistics sectors led shares lower.
At the close in Frankfurt, the DAX declined 0.33%, while the MDAX index lost 0.55%, and the TecDAX index lost 0.99%.
The best performers of the session on the DAX were Porsche Automobil Holding SE (ETR:PSHG_p), which rose 4.05% or 3.08 points to trade at 79.22 at the close. Meanwhile, Bayerische Motoren Werke AG (ETR:BMWG) added 2.11% or 1.70 points to end at 82.33 and Volkswagen AG VZO O.N. (ETR:VOWG_p) was up 2.02% or 3.12 points to 157.80 in late trade.
The worst performers of the session were Zalando SE (ETR:ZALG), which fell 6.58% or 2.49 points to trade at 35.36 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 5.86% or 22.00 points to end at 353.60 and Deutsche Post AG NA O.N. (ETR:DPWGn) was down 3.18% or 1.23 points to 37.28.
The top performers on the MDAX were Lanxess AG (ETR:LXSG) which rose 3.48% to 44.88, Varta AG (ETR:VAR1) which was up 2.64% to settle at 84.86 and Wacker Chemie O.N. (ETR:WCHG) which gained 2.31% to close at 170.40.
The worst performers were LEG Immobilien AG (ETR:LEGn) which was down 4.09% to 91.94 in late trade, Tag Immobilien AG (ETR:TEGG) which lost 3.98% to settle at 16.18 and Uniper SE (ETR:UN01) which was down 2.83% to 23.36 at the close.
The top performers on the TecDAX were Verbio Vereinigte Bioenergie AG (ETR:VBKG) which rose 3.37% to 51.60, Varta AG (ETR:VAR1) which was up 2.64% to settle at 84.86 and Siltronic AG (ETR:WAFGn) which gained 1.44% to close at 91.85.
The worst performers were Sartorius AG VZO O.N. (ETR:SATG_p) which was down 5.86% to 353.60 in late trade, Eckert & Ziegler AG O.N. (ETR:EUZG) which lost 3.56% to settle at 41.74 and Morphosys AG O.N. (ETR:MORG) which was down 2.96% to 20.00 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 407 to 287 and 73 ended unchanged.
Shares in LEG Immobilien AG (ETR:LEGn) fell to 52-week lows; losing 4.09% or 3.92 to 91.94.
The DAX volatility index, which measures the implied volatility of DAX options, was up 0.47% to 23.56.
Gold Futures for August delivery was up 0.20% or 3.70 to $1,852.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 2.04% or 2.34 to hit $117.01 a barrel, while the August Brent oil contract rose 1.98% or 2.29 to trade at $117.89 a barrel.
EUR/USD was down 0.83% to 1.06, while EUR/GBP unchanged 0.15% to 0.85.
The US Dollar Index Futures was up 0.83% at 102.61.
