Germany's stock market closed lower; DAX 30 fell 1.00%

01.12.2016

The German Stock Market finished Thursday session lower amid negative dynamics of the financial services, utilities and technology sectors.

At the close of the Frankfurt Stock Exchange, DAX 30 fell 1.00%, MDAX index fell 1.12%, and TecDAX index fell 1.25%.

The leaders of growth among DAX 30 index components were the shares of Commerzbank AG (DE: CBKG), which rose 0.151 p (2.30%), closing at 6.724. The quotes of Deutsche Bank AG (DE: DBKGn) increased by 0.270 p (1.82%), to 15.130. Shares of Deutsche Lufthansa AG (DE: LHAG) rose 0.070 p (0.57%), closing at 12.295.

The worst results came from Vonovia SE (DE: VNAn), the price of which has fallen by 0.99 p (3.27%), to 29.43. Shares of Deutsche Boerse AG Z.UMT (DE: DB11) fell 1.89 p (2.48%) to 74.36, and Merck KGaA (DE: MRCG) shares decreased in price by 2.170 p (2.30%) to 92.370.

The leaders of growth among the MDAX index components were the shares of K + S AG NA O.N. (DE: SDFGn), which rose 4.94% to reach 20.090, Aareal Bank (DE: ARLG), which gained 2.20%, to close at 34.220, and shares of Aurubis AG (DE: NAFG), which rose 1.95% to 50.940.

The worst performers were shares of Kion Group AG (DE: KGX), which fell in price by 7.14%, closing at 49.66, shares of Steinhoff International Holdings NV (DE: SNHG), which lost 4.64% to 4.32, and the shares of Deutsche Wohnen AG (DE: DWNG) – down 3.68% to 27.990.

The leaders of growth among the TecDAX index components were the shares of Slm Solution G (DE: AM3D), up 4.43% to 31.70, Siltronic AG (DE: WAFGn), up 2.85% to 38.935 and Aixtron SE (F: AIXC) shares, which rose 2.07% to 3.840.

Leaders of falling were the shares of STRATEC Biomedical AG (DE: SBSG), down 5.67% to 41.450, S & T AG (F: SANT1), down 4.01% to 9.023, and SMA Solar Technology AG (DE: S92G) down 3.00%, to 22.150.

On the Frankfurt Stock Exchange, the number of cheapened securities (607) exceeded the number closed in positive territory (301), and the quotes of 26 shares remained virtually unchanged.

In the Forex market, EUR/USD pair rose 0.35% to 1.0628, and EUR/GBP fell 0.31%, reaching 0.8441.

The USD Index fell 0.35% to 101.27.

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