• Date of publication: 15 October 2020
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  • everything-for-business.com
  • Germany shares lower at close of trade; DAX down 2.49%

    Synopsis

    The German stock market ended Thursday trading lower on the back of negative dynamics from the sectors of transport and logistics, telecommunications and software.

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Description

At the close in Frankfurt, the DAX fell 2.49%, the MDAX lost 1.53% and the TecDAX lost 2.22%.

The best performer of the session on the DAX was Bayer AG NA (DE: BAYGN), which fell 0.66% or 0.29 points to hit 43.98 at the close. Meanwhile, Vonovia SE (DE: VNAn) shed 0.78% or 0.46 points to close at 58.80, while Deutsche Wohnen AG (DE: DWNG) sank 1.24% or 0.560 points to 44.690 item at the end of the auction.

The worst participants in the session were Fresenius SE & Co KGAA O.N. (DE: FREG), which fell 4.22% or 1,600 points to hit 36.315 at the close. BASF SE NA O.N. (DE: BASFN) shed 3.93% or 2.140 points to hit 52.310, while Merck KGaA (DE: MRCG) sank 3.75% or 4.82 points to 123.78.

The top gainers on MDAX were HelloFresh SE (DE: HFGG), which rose 1.19% to 51.05, Aroundtown Property Holdings PLC (DE: AT1), which rose 0.98% to 4.524, and Metro Wholesale & Food Specialist AG (DE: B4B). ), which rose 0.21% to close at 8.5060.

The worst performers were Duerr AG (DE: DUEG), which fell 4.75% to 27,300 in late trading, Stroeer SE (DE: SAXG), which lost 4.59% to 64,400, and Cancom SE O.N. (DE: COKG), which at the close was down 4.44% to 43.940.

Top TecDAX members were Morphosys AG O.N. (DE: MORG), which did not change 0.00% to 102,800, Varta AG (DE: VAR1), which fell 0.34% to 119,000, and Draegerwerk VZO O.N. (DE: DRWG_p), which shed 0.82% to close at 72.900.

The worst performers were LPKF Laser & Electronics (DE: LPKG), which fell 5.45% to 19.240 at the close of trading, Eckert & Ziegler AG O.N. (DE: EUZG), which shed 5.45% to 43.760, and Cancom SE O.N. (DE: COKG), which at the close was down 4.44% to 43.940.

On the Frankfurt Stock Exchange, the number of securities that fell (566) exceeded the number of submitters (107), and ended unchanged - 68.

Bayer AG NA (DE: BAYGN) Slides To 5-Year Low; loses 0.66%, or 0.29, to 43.98.

The DAX Volatility Index, which measures the implied volatility of DAX options, rose 14.94% to 28.77.

Gold Futures for December delivery rose 0.00%, or 0.05, to $ 1907.35 a troy ounce. Elsewhere in the commodity trading sector, crude for November delivery fell 0.78%, or 0.32, to $ 40.72 a barrel, while December Brent fell 0.81%, or 0.35 to $ 42.97 a barrel.

The euro / dollar rate fell 0.37% to 1.1702, while the euro / pound rate rose 0.39% to 0.9060.

The US Dollar Index Futures was up 0.47% at 93.802.