Germany stocks lower at close of trade; DAX down 0.23%

Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Construction , Transportation & Logistics and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.23%, while the MDAX index fell 0.74%, and the TecDAX index fell 0.22%.

The best performers of the session on the DAX were Munich Reinsurance (ETR:MUVGn ), which rose 2.94% or 14.10 points to trade at 494.00 at the close. Meanwhile, Hannover Rueck SE (ETR:HNRGn ) added 2.91% or 7.30 points to end at 258.00 and Deutsche Telekom AG Na (ETR:DTEGn ) was up 1.68% or 0.45 points to 27.20 in late trade.

The worst performers of the session were Rheinmetall AG (ETR:RHMG ), which fell 3.68% or 18.40 points to trade at 481.00 at the close. Siemens Energy AG (ETR:ENR1n ) declined 2.61% or 0.93 points to end at 34.69 and Deutsche Post AG NA O.N. (ETR:DHLn ) was down 2.34% or 0.90 points to 37.57.

The top performers on the MDAX were Talanx AG NA O.N. (ETR:TLXGn ) which rose 2.53% to 75.10, Redcare Pharmacy NV (ETR:RDC ) which was up 1.82% to settle at 139.50 and Aurubis AG (ETR:NAFG ) which gained 0.94% to close at 64.15.

The worst performers were Nordex SE O.N. (ETR:NDXG ) which was down 3.34% to 13.30 in late trade, Hensoldt Ag (ETR:HAGG ) which lost 3.28% to settle at 28.86 and Hypoport AG (ETR:HYQGn ) which was down 3.04% to 274.40 at the close.

The top performers on the TecDAX were Deutsche Telekom AG Na (ETR:DTEGn ) which rose 1.68% to 27.20, Siemens Healthineers AG (ETR:SHLG ) which was up 0.74% to settle at 51.92 and Atoss Software AG (ETR:AOFG ) which gained 0.45% to close at 133.80.

The worst performers were Nordex SE O.N. (ETR:NDXG ) which was down 3.34% to 13.30 in late trade, Hensoldt Ag (ETR:HAGG ) which lost 3.28% to settle at 28.86 and SMA Solar Technology AG (ETR:S92G ) which was down 3.20% to 16.65 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 361 to 253 and 33 ended unchanged.

Shares in Deutsche Telekom AG Na (ETR:DTEGn ) rose to all time highs; rising 1.68% or 0.45 to 27.20. Shares in Deutsche Telekom AG Na (ETR:DTEGn ) rose to all time highs; up 1.68% or 0.45 to 27.20. Shares in SMA Solar Technology AG (ETR:S92G ) fell to 5-year lows; losing 3.20% or 0.55 to 16.65.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.31% to 17.64.

Gold Futures for December delivery was up 0.64% or 16.85 to $2,642.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.98% or 2.18 to hit $75.42 a barrel, while the December Brent oil contract rose 3.02% or 2.31 to trade at $78.89 a barrel.

EUR/USD was unchanged 0.12% to 1.09, while EUR/GBP unchanged 0.01% to 0.84.

The US Dollar Index Futures was up 0.02% at 102.72.

Source: Investing.com