2 months ago
Stock Market

Germany stocks mixed at close of trade; DAX down 0.17%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Utilities, Transportation&Logistics and Financial Services

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Utilities, Transportation&Logistics and Financial Services sectors led shares higher while losses in the Chemicals, Food&Beverages and Construction sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.17%, while the MDAX index climbed 0.41%, and the TecDAX index gained 0.60%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 5.11% or 1.005 points to trade at 20.655 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 3.33% or 0.710 points to end at 22.000 and Wirecard AG (DE:WDIG) was up 1.98% or 3.100 points to 160.000 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 2.08% or 0.960 points to trade at 45.230 at the close. BASF SE NA O.N. (DE:BASFN) declined 1.83% or 1.180 points to end at 63.160 and Linde PLC (DE:LINI) was down 1.73% or 2.450 points to 139.400.

The top performers on the MDAX were Metro AG (DE:CECG) which rose 5.43% to 4.002, Kion Group AG (DE:KGX) which was up 3.21% to settle at 47.89 and Freenet AG NA (DE:FNTGn) which gained 2.60% to close at 17.7250.

The worst performers were Lanxess AG (DE:LXSG) which was down 2.41% to 47.420 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 2.28% to settle at 86.44 and Hochtief AG (DE:HOTG) which was down 1.62% to 127.30 at the close.

The top performers on the TecDAX were Heidelberger Druckmaschinen O.N. (DE:HDDG) which rose 14.43% to 1.9750, S&T AG (DE:SANT1) which was up 7.96% to settle at 20.08 and Metro AG ST O.N. (DE:CECG) which gained 5.87% to close at 3.989.

The worst performers were Jenoptik AG (DE:JENGn) which was down 2.44% to 26.360 in late trade, Krones AG O.N. (DE:KRNG) which lost 2.27% to settle at 75.400 and Baywa AG Vink. NA O.N. (DE:BYWGnx) which was down 2.26% to 23.750 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 354 to 332 and 89 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.60% to 18.17.

Gold Futures for February delivery was up 0.07% or 0.95 to $1284.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.81% or 0.96 to hit $52.05 a barrel, while the March Brent oil contract fell 1.67% or 1.03 to trade at $60.47 a barrel.

EUR/USD was up 0.29% to 1.1391, while EUR/GBP fell 0.52% to 0.8719.

The US Dollar Index Futures was down 0.23% at 95.743.