Germany shares mixed at close of trade; DAX up 0.40%

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Germany shares mixed at close of trade; DAX up 0.40%
Credit: © Reuters. – Germany equities were mixed at the close on Tuesday, as gains in the Transportation & Logistics , Construction and Industrials sectors propelled shares higher while losses in the Retail , Food & Beverages and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.40%, while the MDAX index lost 0.38%, and the TecDAX index declined 0.37%.

The biggest gainers of the session on the DAX were Deutsche Post AG NA O.N. (DE: DPWGn ), which rose 3.79% or 1.120 points to trade at 30.670 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 1.56% or 0.168 points to end at 10.936 and Heidelbergcement AG O.N. (DE: HEIG ) was up 1.35% or 0.960 points to 71.960 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 1.54% or 0.138 points to trade at 8.808 in late trade. Fresenius SE & Co KGAA O.N. (DE: FREG ) declined 1.06% or 0.740 points to end at 69.260 and Beiersdorf AG O.N. (DE: BEIG ) shed 0.74% or 0.740 points to 99.660.

The top performers on the MDAX were Schaeffler AG Pref (DE: SHA_p ) which rose 8.27% to 12.30, Duerr AG (DE: DUEG ) which was up 4.03% to settle at 38.950 and Norma Group AG NA O.N. (DE: NOEJ ) which gained 1.85% to close at 57.850.

The worst performers were Zalando SE (DE: ZALG ) which was down 5.56% to 45.34 in late trade, Osram Licht AG (DE: OSRn ) which lost 1.91% to settle at 38.95 and Fuchs Petrolub AG VZO Pref (DE: FPEG_p ) which was down 1.90% to 48.620 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 5.94% to 13.370, Xing AG (DE: OBCGn ) which was up 2.22% to settle at 299.00 and Nemetschek AG O.N. (DE: NEKG ) which gained 1.46% to close at 125.400.

The worst performers were Telefonica Deutschland Holding AG (DE: O2Dn ) which was down 3.87% to 3.655 in late trade, SMA Solar Technology AG (DE: S92G ) which lost 2.11% to settle at 34.380 and Cancom SE O.N. (DE: COKG ) which was down 1.60% to 44.260 at the close.

Advancing stocks outnumbered falling ones by 374 to 321 and 85 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 5.45% to 15.45.

In commodities trading, Gold Futures for December delivery was up 0.20% or 2.40 to $1220.10 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.48% or 0.33 to hit $69.34 a barrel, while the October Brent oil contract rose 0.96% or 0.71 to trade at $74.46 a barrel.

EUR/USD was up 0.34% to 1.1593, while EUR/GBP rose 0.34% to 0.8955.

The US Dollar Index Futures was down 0.23% at 94.97.

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