Germany shares mixed at close of trade; DAX up 0.41%

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Germany shares mixed at close of trade; DAX up 0.41%
Credit: © Reuters. – Germany equities were mixed at the close on Wednesday, as gains in the Construction , Technology and Industrials sectors propelled shares higher while losses in the Food & Beverages , Financial Services and Media sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.41% to hit a new 3-month high, while the MDAX index gained 0.13%, and the TecDAX index declined 0.05%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE: LHAG ), which rose 3.30% or 0.755 points to trade at 23.655 at the close. Commerzbank AG O.N. (DE: CBKG ) added 2.92% or 0.325 points to end at 11.455 and Deutsche Bank AG NA O.N. (DE: DBKGn ) was up 2.72% or 0.370 points to 13.995 in late trade.

Biggest losers included Vonovia SE (DE: VNAn ), which lost 1.52% or 0.55 points to trade at 35.70 in late trade. Beiersdorf AG O.N. (DE: BEIG ) declined 1.00% or 0.920 points to end at 91.090 and Fresenius SE & Co KGAA O.N. (DE: FREG ) shed 0.63% or 0.430 points to 67.500.

The top performers on the MDAX were Bilfinger SE O.N. (DE: GBFG ) which rose 4.25% to 34.955, Deutsche Pfandbriefbank AG (DE: PBBG ) which was up 2.38% to settle at 12.45 and Airbus Group SE (F: AIRG ) which gained 1.98% to close at 80.258.

The worst performers were Hella KGaA Hueck & Co (DE: HLE ) which was down 4.16% to 50.48 in late trade, Osram Licht AG (F: OSRn ) which lost 3.71% to settle at 64.367 and Deutsche Euroshop AG (DE: DEQGn ) which was down 2.46% to 31.380 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE: ADAG ) which rose 2.42% to 5.674, Aixtron SE (DE: AIXGn ) which was up 1.86% to settle at 10.960 and Telefonica Deutschland Holding AG (DE: O2Dn ) which gained 1.54% to close at 4.820.

The worst performers were CompuGroup Medical AG O.N. (DE: COPMa ) which was down 2.83% to 46.300 in late trade, GFT Technologies AG (DE: GFTG ) which lost 2.62% to settle at 15.800 and S&T AG (F: SANT1 ) which was down 1.90% to 18.000 at the close.

Advancing stocks outnumbered falling ones by 403 to 343 and 43 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.51% to 11.97.

In commodities trading, Gold Futures for December delivery was down 0.93% or 12.13 to $1289.57 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.40% or 0.21 to hit $52.09 a barrel, while the December Brent oil contract fell 0.69% or 0.40 to trade at $57.52 a barrel.

EUR/USD was down 0.34% to 1.1753, while EUR/GBP rose 0.08% to 0.8770.

The US Dollar Index Futures was up 0.37% at 93.15.

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