3 months ago
Stock Market

Germany stocks mixed at close of trade; DAX down 0.29%

Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Transportation&Logistics, Industrials and Retail sectors

Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Transportation&Logistics, Industrials and Retail sectors led shares higher while losses in the Pharmaceuticals&Healthcare, Utilities and Software sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.29%, while the MDAX index added 0.05%, and the TecDAX index declined 0.72%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 1.88% or 0.355 points to trade at 19.260 at the close. Meanwhile, Covestro AG (DE:1COV) added 1.77% or 0.760 points to end at 43.670 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 1.73% or 0.430 points to 25.270 in late trade.

The worst performers of the session were Fresenius SE&Co KGAA O.N. (DE:FREG), which fell 2.38% or 1.000 points to trade at 41.000 at the close. Merck KGaA (DE:MRCG) declined 2.02% or 1.94 points to end at 94.26 and Deutsche Boerse AG (DE:DB1Gn) was down 1.81% or 1.900 points to 102.800.

The top performers on the MDAX were Zalando SE (DE:ZALG) which rose 5.54% to 23.81, Norma Group AG NA O.N. (DE:NOEJ) which was up 5.37% to settle at 44.340 and Osram Licht AG (DE:OSRn) which gained 3.95% to close at 39.52.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 5.08% to 91.650 in late trade, Morphosys AG O.N. (DE:MORG) which lost 3.50% to settle at 93.7500 and Freenet AG NA (DE:FNTGn) which was down 3.15% to 16.9300 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 11.20% to 10.620, CompuGroup Medical AG O.N. (DE:COPMa) which was up 8.58% to settle at 41.780 and Isra Vision O.N. (DE:ISRG) which gained 4.14% to close at 23.90.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 11.03% to 0.11 in late trade, Pfeiffer Vacuum Technology O.N. (DE:PV) which lost 6.35% to settle at 107.70 and Medigene NA O.N. (DE:MDG1k) which was down 4.04% to 7.355 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 471 to 236 and 68 ended unchanged.

Shares in Medigene NA O.N. (DE:MDG1k) fell to 52-week lows; losing 4.04% or 0.310 to 7.355.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.91% to 21.29.

Gold Futures for February delivery was up 0.08% or 1.00 to $1252.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 5.00% or 2.51 to hit $47.69 a barrel, while the February Brent oil contract fell 3.81% or 2.27 to trade at $57.34 a barrel.

EUR/USD was up 0.19% to 1.1369, while EUR/GBP fell 0.11% to 0.8985.

The US Dollar Index Futures was down 0.08% at 96.472.