Germany stocks lower at close of trade; DAX down 2.74%

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXMPECBJ0M3_M.jpg
© Reuters. Germany stocks lower at close of trade; DAX down 2.74%© Reuters. Germany stocks lower at close of trade; DAX down 2.74%

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

At the close in Frankfurt, the fell 2.74%, while the index lost 2.32%, and the index fell 2.85%.

The best performers of the session on the were RWE AG ST O.N. (DE:), which fell 1.00% or 0.320 points to trade at 31.600 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:) fell 1.05% or 0.082 points to end at 7.747 and Vonovia SE (DE:) was down 1.21% or 0.62 points to 50.60 in late trade.

The worst performers of the session were Wirecard AG (DE:), which fell 4.48% or 6.300 points to trade at 134.300 at the close. Deutsche Lufthansa AG (DE:) declined 4.33% or 0.625 points to end at 13.800 and Adidas AG (DE:) was down 4.15% or 13.00 points to 300.00.

The top performers on the MDAX were Gerresheimer AG (DE:) which rose 0.21% to 70.900, Freenet AG NA (DE:) which was down 0.52% to settle at 19.955 and Osram Licht AG (DE:) which lost 0.63% to close at 45.45.

The worst performers were Varta AG (DE:) which was down 5.47% to 77.700 in late trade, Siltronic AG (DE:) which lost 5.20% to settle at 89.620 and K+S AG NA O.N. (DE:) which was down 4.68% to 8.276 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:) which rose 0.08% to 12.520, S&T AG (DE:) which was down 0.31% to settle at 25.50 and Freenet AG NA (DE:) which lost 0.52% to close at 19.955.

The worst performers were Varta AG (DE:) which was down 5.47% to 77.700 in late trade, Siltronic AG (DE:) which lost 5.20% to settle at 89.620 and Wirecard AG (DE:) which was down 4.48% to 134.300 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 622 to 70 and 58 ended unchanged.

Shares in K+S AG NA O.N. (DE:) fell to 5-year lows; falling 4.68% or 0.406 to 8.276.

The , which measures the implied volatility of DAX options, was up 30.65% to 17.69 a new 1-month high.

Gold Futures for February delivery was up 0.44% or 6.95 to $1578.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.62% or 1.42 to hit $52.77 a barrel, while the April Brent oil contract fell 2.70% or 1.62 to trade at $58.27 a barrel.

EUR/USD was down 0.07% to 1.1015, while EUR/GBP rose 0.08% to 0.8434.

The US Dollar Index Futures was up 0.12% at 97.770.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.