3 weeks ago
Stock Market

Germany stocks mixed at close of trade; DAX up 0.42%

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Technology, Consumer&Cyclical and Basic Resources

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Technology, Consumer&Cyclical and Basic Resources sectors led shares higher while losses in the Food&Beverages, Financial Services and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.42% to hit a new 3-months high, while the MDAX index lost 0.01%, and the TecDAX index gained 0.32%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 3.04% or 4.46 points to trade at 151.18 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 3.04% or 6.20 points to end at 210.30 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 2.59% or 0.510 points to 20.170 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 3.16% or 1.630 points to trade at 49.970 at the close. Vonovia SE (DE:VNAn) declined 1.46% or 0.64 points to end at 43.13 and Merck KGaA (DE:MRCG) was down 0.91% or 0.88 points to 95.32.

The top performers on the MDAX were Hella KGaA Hueck&Co (DE:HLE) which rose 4.31% to 40.70, Zalando SE (DE:ZALG) which was up 4.13% to settle at 27.26 and Schaeffler AG Pref (DE:SHA_p) which gained 2.80% to close at 7.99.

The worst performers were Duerr AG (DE:DUEG) which was down 1.63% to 33.860 in late trade, Siltronic AG (DE:WAFGn) which lost 1.44% to settle at 89.200 and Rocket Internet (DE:RKET) which was down 1.30% to 21.22 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 8.05% to 9.530, VTG AG O.N. (DE:VT9G) which was up 7.07% to settle at 53.000 and Steinhoff International Holdings NV (DE:SNHG) which gained 6.72% to close at 0.13.

The worst performers were Corestate Capital Holding SA (DE:CCAG) which was down 6.32% to 30.4000 in late trade, JOST Werke AG (DE:JSTG) which lost 3.30% to settle at 29.3000 and Rhoen Klinikum AG (DE:RHKG) which was down 3.07% to 24.000 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 397 to 305 and 80 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.93% to 15.72.

Gold Futures for April delivery was down 0.29% or 3.85 to $1328.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 3.23% or 1.85 to hit $55.41 a barrel, while the May Brent oil contract fell 3.32% or 2.23 to trade at $65.02 a barrel.

EUR/USD was up 0.09% to 1.1352, while EUR/GBP rose 0.06% to 0.8677.

The US Dollar Index Futures was up 0.01% at 96.375.