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Stock Market

Germany stocks mixed at close of trade; DAX down 0.33%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Chemicals, Industrials and Consumer&Cyclical sectors

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Chemicals, Industrials and Consumer&Cyclical sectors led shares higher while losses in the Software, Media and Retail sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.33%, while the MDAX index climbed 0.65%, and the TecDAX index fell 1.54%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 5.40% or 2.510 points to trade at 48.990 at the close. Meanwhile, Fresenius SE&Co KGAA O.N. (DE:FREG) added 3.16% or 1.400 points to end at 45.670 and Deutsche Lufthansa AG (DE:LHAG) was up 1.36% or 0.300 points to 22.430 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 13.32% or 22.300 points to trade at 145.100 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 1.53% or 0.400 points to end at 25.690 and SAP SE (DE:SAPG) was down 1.09% or 0.980 points to 88.830.

The top performers on the MDAX were Norma Group AG NA O.N. (DE:NOEJ) which rose 4.91% to 47.000, Freenet AG NA (DE:FNTGn) which was up 4.09% to settle at 18.6000 and Nemetschek AG O.N. (DE:NEKG) which gained 3.39% to close at 112.800.

The worst performers were Delivery Hero AG (DE:DHER) which was down 2.24% to 32.36 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 1.78% to settle at 15.7400 and Morphosys AG O.N. (DE:MORG) which was down 1.66% to 95.0500 at the close.

The top performers on the TecDAX were Bilfinger SE O.N. (DE:GBFG) which rose 4.16% to 28.0600, Corestate Capital Holding SA (DE:CCAG) which was up 3.70% to settle at 33.6500 and Isra Vision O.N. (DE:ISRG) which gained 2.90% to close at 30.20.

The worst performers were Dr. Hoenle AG O.N. (DE:HNLG) which was down 5.81% to 48.600 in late trade, Tele Columbus AG (DE:TC1n) which lost 4.59% to settle at 2.60 and Hapag Lloyd AG (DE:HLAG) which was down 2.89% to 22.1400 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 371 to 292 and 112 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.07% to 17.52.

Gold Futures for February delivery was up 0.06% or 0.85 to $1309.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.78% or 1.48 to hit $54.79 a barrel, while the April Brent oil contract rose 1.85% or 1.13 to trade at $62.33 a barrel.

EUR/USD was down 0.11% to 1.1418, while EUR/GBP fell 0.03% to 0.8742.

The US Dollar Index Futures was up 0.09% at 95.600.