Germany stocks lower at close of trade; DAX down 0.36%

Germany stocks were lower after the close on Thursday, as losses in the Media, Transportation & Logistics and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.36%, while the MDAX index declined 0.89%, and the TecDAX index lost 0.38%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 2.20% or 0.77 points to trade at 35.55 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 0.39% or 0.330 points to end at 85.750 and Continental AG O.N. (DE:CONG) was up 0.29% or 0.60 points to 209.15 in late trade.

The worst performers of the session were Prosiebensat 1 Media AG (DE:PSMGn), which fell 5.95% or 2.450 points to trade at 38.735 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 3.40% or 1.120 points to end at 31.775 and Heidelbergcement AG O.N. (DE:HEIG) was down 2.73% or 2.4200 points to 86.1800.

Germany Stocks Today

The worst performers were Schaeffler AG Pref (DE:SHA_p) which was down 6.88% to 14.90 in late trade, RTL Group SA (DE:RRTL) which lost 6.34% to settle at 67.910 and Hannover Rueck SE (DE:HNRGn) which was down 5.12% to 108.50 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 3.99% to 45.000, Siltronic AG (DE:WAFGn) which was up 2.38% to settle at 75.290 and Evotec AG O.N. (DE:EVTG) which gained 2.17% to close at 12.685.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 4.90% to 13.390 in late trade, SMA Solar Technology AG (DE:S92G) which lost 4.14% to settle at 23.745 and Cancom SE O.N. (DE:COKG) which was down 3.64% to 52.910 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 473 to 291 and 18 ended unchanged.

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