Germany stocks lower at close of trade; DAX down 0.30%

Germany stocks lower at close of trade; DAX down 0.30%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction, Technology and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.30% to hit a new 6-months low, while the MDAX index fell 0.10%, and the TecDAX index declined 0.31%.

The best performers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 9.00% or 0.62 points to trade at 7.49 at the close. Meanwhile, Sartorius AG VZO O.N. (ETR:SATG_p) added 3.83% or 8.50 points to end at 230.30 and Continental AG O.N. (ETR:CONG) was up 1.79% or 1.06 points to 60.26 in late trade.

The worst performers of the session were Covestro AG (ETR:1COV), which fell 3.41% or 1.66 points to trade at 47.00 at the close. Mercedes Benz Group AG (ETR:MBGn) declined 2.82% or 1.63 points to end at 56.21 and MTU Aero Engines NA O.N. (ETR:MTXGn) was down 2.75% or 4.95 points to 174.95.

The top performers on the MDAX were Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) which rose 6.68% to 37.04, Befesa SA (ETR:BFSA) which was up 4.00% to settle at 28.06 and Delivery Hero AG (ETR:DHER) which gained 2.89% to close at 23.67.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 4.89% to 15.97 in late trade, Nordex SE O.N. (ETR:NDXG) which lost 4.35% to settle at 10.10 and Hensoldt Ag (ETR:HAGG) which was down 3.34% to 27.18 at the close.

The top performers on the TecDAX were Cancom SE O.N. (ETR:COKG) which rose 4.31% to 23.22, Sartorius AG VZO O.N. (ETR:SATG_p) which was up 3.83% to settle at 230.30 and Morphosys AG O.N. (ETR:MORG) which gained 3.27% to close at 29.66.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 4.89% to 15.97 in late trade, Nordex SE O.N. (ETR:NDXG) which lost 4.35% to settle at 10.10 and Atoss Software AG (ETR:AOFG) which was down 4.08% to 200.00 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 355 to 278 and 101 ended unchanged.

Shares in Mercedes Benz Group AG (ETR:MBGn) fell to 52-week lows; losing 2.82% or 1.63 to 56.21.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.44% to 19.88.

Gold Futures for December delivery was down 0.31% or 6.25 to $1,991.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.78% or 0.65 to hit $83.86 a barrel, while the December Brent oil contract rose 0.85% or 0.75 to trade at $88.68 a barrel.

EUR/USD was unchanged 0.27% to 1.06, while EUR/GBP unchanged 0.13% to 0.87.

The US Dollar Index Futures was down 0.18% at 106.23.

Begin trading today! Create an account by completing our form

Privacy Notice

At One Financial Markets we are committed to safeguarding your privacy.

Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.

Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.

Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.

By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Back to top

Office network

One Financial Markets is the trading name of Axi Financial Services (UK) Ltd, a company registered in England with company number 6050593. Axi Financial Services (UK) Ltd is authorised and regulated by the Financial Conduct Authority in the UK (under firm reference number 466201)

The information on this site is not directed at residents of the United States, Belgium, Poland or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

www.onefinancialmarkets.com is owned and operated by Axi Financial Services (UK) Ltd.

Award winning broker
We have been presented with a number of awards that recognise the quality of our service and dedication to our clients :

Best FSA Regulated Broker
Saudi Money Expo

Best Education Product
Saudi Money Expo

Best Broker - Online Trading
IAIR Awards

Best Institutional Broker
Saudi Money Expo

Best FX Services Broker
CN Forex

Top International
FX Broker 2015

Saudi Money Expo

Broker of the Year
Online Trading – Middle East

IAIR Awards

Best Forex
Customer Service 2018

JFEX Awards

We accept the following payment methods: