Germany shares mixed at close of trade; DAX up 0.88%

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Germany shares mixed at close of trade; DAX up 0.88%
Credit: © Reuters. – Germany equities were mixed at the close on Thursday, as gains in the Construction , Technology and Basic Resources sectors propelled shares higher while losses in the Food & Beverages , Software and Retail sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.88%, while the MDAX index gained 0.29%, and the TecDAX index lost 1.47%.

The biggest gainers of the session on the DAX were Continental AG O.N. (DE: CONG ), which rose 4.02% or 6.10 points to trade at 158.00 at the close. Covestro AG (DE: 1COV ) added 3.77% or 2.660 points to end at 73.240 and Heidelbergcement AG O.N. (DE: HEIG ) was up 2.90% or 1.960 points to 69.560 in late trade.

Biggest losers included Merck KGaA (DE: MRCG ), which lost 0.69% or 0.60 points to trade at 86.70 in late trade. Deutsche Boerse AG (DE: DB1Gn ) declined 0.52% or 0.600 points to end at 115.550 and SAP SE (DE: SAPG ) shed 0.49% or 0.500 points to 101.640.

The top performers on the MDAX were Schaeffler AG Pref (DE: SHA_p ) which rose 6.33% to 11.76, Duerr AG (DE: DUEG ) which was up 5.50% to settle at 40.110 and Leoni AG (DE: LEOGn ) which gained 4.41% to close at 37.380.

The worst performers were Metro AG (DE: MEOG ) which was down 3.71% to 6.284 in late trade, Zalando SE (DE: ZALG ) which lost 3.05% to settle at 35.56 and Hugo Boss AG NA O.N. (DE: BOSSn ) which was down 1.95% to 67.360 at the close.

The top performers on the TecDAX were Siltronic AG (DE: WAFGn ) which rose 4.17% to 111.250, SMA Solar Technology AG (DE: S92G ) which was up 1.78% to settle at 29.660 and Dialog Semiconductor (DE: DLGS ) which gained 1.47% to close at 19.385.

The worst performers were Nemetschek AG O.N. (DE: NEKG ) which was down 12.79% to 127.500 in late trade, Wirecard AG (DE: WDIG ) which lost 4.55% to settle at 176.200 and Aixtron SE (DE: AIXGn ) which was down 2.56% to 9.978 at the close.

Advancing stocks outnumbered falling ones by 402 to 297 and 82 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.66% to 13.91 a new 1-month low.

In commodities trading, Gold Futures for December delivery was up 0.05% or 0.60 to $1208.90 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.31% or 0.22 to hit $70.55 a barrel, while the November Brent oil contract fell 0.78% or 0.62 to trade at $78.78 a barrel.

EUR/USD was up 0.62% to 1.1745, while EUR/GBP fell 0.06% to 0.8876.

The US Dollar Index Futures was down 0.45% at 93.70.

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