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

  • Stock Market News
Germany shares mixed at close of trade; DAX down 0.29%
Credit: © Reuters. – Germany equities were mixed at the close on Tuesday, as gains in the Transportation & Logistics , Industrials and Retail sectors propelled 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 biggest gainers 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. 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.

Biggest losers included Fresenius SE & Co KGAA O.N. (DE: FREG ), which lost 2.38% or 1.000 points to trade at 41.000 in late trade. Merck KGaA (DE: MRCG ) declined 2.02% or 1.94 points to end at 94.26 and Deutsche Boerse AG (DE: DB1Gn ) shed 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.

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

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

In commodities trading, Gold Futures for February delivery was up 0.06% or 0.80 to $1252.60 a troy ounce. Meanwhile, Crude oil for delivery in February fell 4.94% or 2.48 to hit $47.72 a barrel, while the February Brent oil contract fell 3.76% or 2.24 to trade at $57.37 a barrel.

EUR/USD was up 0.19% to 1.1368, while EUR/GBP fell 0.13% to 0.8983.

The US Dollar Index Futures was down 0.08% at 96.477.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or