Germany stocks lower at close of trade; DAX down 0.76%
2022.06.08 20:16
Germany stocks lower at close of trade; DAX down 0.76%
Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Transportation & Logistics, Construction and Telecoms sectors led shares lower.
At the close in Frankfurt, the DAX fell 0.76%, while the MDAX index lost 0.70%, and the TecDAX index fell 0.26%.
The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 2.30% or 8.60 points to trade at 383.10 at the close. Meanwhile, HelloFresh SE (ETR:HFGG) added 2.27% or 0.81 points to end at 36.47 and Puma SE (ETR:PUMG) was up 2.09% or 1.48 points to 72.38 in late trade.
The worst performers of the session were Deutsche Post AG NA O.N. (ETR:DPWGn), which fell 3.67% or 1.40 points to trade at 36.90 at the close. Deutsche Telekom AG Na (ETR:DTEGn) declined 2.45% or 0.47 points to end at 18.68 and Allianz SE VNA O.N. (ETR:ALVG) was down 2.33% or 4.58 points to 191.58.
The top performers on the MDAX were Gerresheimer AG (ETR:GXIG) which rose 3.42% to 72.60, Siltronic AG (ETR:WAFGn) which was up 2.39% to settle at 91.95 and Rheinmetall AG (ETR:RHMG) which gained 2.17% to close at 216.70.
The worst performers were Telefonica Deutschland Holding AG (ETR:O2Dn) which was down 9.54% to 2.71 in late trade, K&S AG (ETR:SDFGn) which lost 4.67% to settle at 25.10 and Befesa SA (ETR:BFSA) which was down 3.92% to 58.75 at the close.
The top performers on the TecDAX were Morphosys AG O.N. (ETR:MORG) which rose 5.45% to 21.30, Siltronic AG (ETR:WAFGn) which was up 2.39% to settle at 91.95 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 2.30% to close at 383.10.
The worst performers were Telefonica Deutschland Holding AG (ETR:O2Dn) which was down 9.54% to 2.71 in late trade, Deutsche Telekom AG Na (ETR:DTEGn) which lost 2.45% to settle at 18.68 and Freenet AG NA (ETR:FNTGn) which was down 2.43% to 24.10 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 344 to 333 and 88 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was down 1.27% to 21.85.
Gold Futures for August delivery was up 0.24% or 4.40 to $1,856.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 2.86% or 3.42 to hit $122.83 a barrel, while the August Brent oil contract rose 2.92% or 3.52 to trade at $124.09 a barrel.
EUR/USD was unchanged 0.23% to 1.07, while EUR/GBP rose 0.60% to 0.85.
The US Dollar Index Futures was up 0.14% at 102.46.
