Germany shares mixed at close of trade; DAX up 0.08%

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Germany shares mixed at close of trade; DAX up 0.08%
Credit: © Reuters.

Investing.com – Germany equities were mixed at the close on Tuesday, as gains in the Basic Resources , Food & Beverages and Telecoms sectors propelled shares higher while losses in the Software , Financial Services and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.08%, while the MDAX index gained 0.34%, and the TecDAX index fell 0.48%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 6.04% or 0.690 points to trade at 12.115 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 2.99% or 0.425 points to end at 14.660 and Volkswagen AG VZO O.N. (DE: VOWG_p ) was up 2.32% or 3.30 points to 145.50 in late trade.

Biggest losers included Deutsche Boerse AG (DE: DB1Gn ), which lost 2.07% or 1.910 points to trade at 90.300 in late trade. BASF SE NA O.N. (DE: BASFN ) declined 0.98% or 0.890 points to end at 90.110 and Beiersdorf AG O.N. (DE: BEIG ) shed 0.98% or 0.900 points to 91.100.

The top performers on the MDAX were Covestro AG (DE: 1COV ) which rose 8.15% to 78.000, Airbus Group SE (F: AIRG ) which was up 2.76% to settle at 83.390 and Axel Springer SE (DE: SPRGn ) which gained 1.58% to close at 58.490.

The worst performers were Fuchs Petrolub AG VZO Pref (DE: FPEG_p ) which was down 6.09% to 46.910 in late trade, Stroeer SE (DE: SAXG ) which lost 3.04% to settle at 55.090 and Kion Group AG (DE: KGX ) which was down 2.35% to 65.70 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 2.98% to 13.140, Dialog Semiconductor (DE: DLGS ) which was up 2.93% to settle at 39.550 and Aixtron SE (DE: AIXGn ) which gained 2.68% to close at 11.290.

The worst performers were GFT Technologies AG (DE: GFTG ) which was down 12.42% to 13.575 in late trade, Nemetschek AG O.N. (DE: NEKG ) which lost 3.54% to settle at 75.430 and Cancom SE O.N. (DE: COKG ) which was down 3.20% to 62.980 at the close.

Declining stocks outnumbered rising ones by 394 to 353 and 41 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.25% to 12.54.

In commodities trading, Gold Futures for December delivery was down 0.28% or 3.55 to $1277.35 a troy ounce. Meanwhile, Crude oil for delivery in December rose 1.04% or 0.54 to hit $52.44 a barrel, while the December Brent oil contract rose 1.48% or 0.85 to trade at $58.22 a barrel.

EUR/USD was up 0.12% to 1.1763, while EUR/GBP rose 0.75% to 0.8969.

The US Dollar Index Futures was up 0.10% at 93.81.

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