Germany shares mixed at close of trade; DAX down 0.53%

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Germany shares mixed at close of trade; DAX down 0.53%
Credit: © Reuters. – Germany equities were mixed at the close on Wednesday, as gains in the Basic Resources , Utilities and Construction sectors propelled shares higher while losses in the Food & Beverages , Pharmaceuticals & Healthcare and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.53%, while the MDAX index gained 0.17%, and the TecDAX index declined 0.20%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 2.04% or 0.169 points to trade at 8.435 at the close. RWE AG ST O.N. (DE: RWEG ) added 0.94% or 0.145 points to end at 15.560 and Bayer AG NA (DE: BAYGN ) was up 0.33% or 0.35 points to 107.85 in late trade.

Biggest losers included Continental AG O.N. (DE: CONG ), which lost 1.52% or 3.10 points to trade at 200.20 in late trade. Fresenius Medical Care KGAA ST (DE: FMEG ) declined 1.40% or 1.110 points to end at 77.970 and Linde AG O.N. (DE: LING ) shed 1.16% or 1.85 points to 157.50.

The top performers on the MDAX were Steinhoff International Holdings NV (DE: SNHG ) which rose 1.97% to 4.55, Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was up 1.42% to settle at 31.130 and Evonik Industries AG (DE: EVKn ) which gained 1.22% to close at 30.805.

The worst performers were Hella KGaA Hueck & Co (DE: HLE ) which was down 2.45% to 40.29 in late trade, Stroeer SE (DE: SAXG ) which lost 1.75% to settle at 50.650 and Suedzucker AG (DE: SZUG ) which was down 1.52% to 20.990 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 6.79% to 12.660, Evotec AG O.N. (DE: EVTG ) which was up 3.95% to settle at 9.823 and S&T AG (F: SANT1 ) which gained 3.28% to close at 10.790.

The worst performers were Draegerwerk VZO O.N. (DE: DRWG_p ) which was down 5.05% to 91.890 in late trade, Qiagen NV (DE: QGEN ) which lost 1.87% to settle at 26.470 and SMA Solar Technology AG (DE: S92G ) which was down 1.43% to 23.405 at the close.

Advancing stocks outnumbered falling ones by 386 to 354 and 22 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 2.92% to 16.72 a new 1-month high.

In commodities trading, Gold Futures for June delivery was down 0.67% or 8.45 to $1249.95 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.51% or 0.26 to hit $51.29 a barrel, while the June Brent oil contract rose 0.63% or 0.34 to trade at $54.51 a barrel.

EUR/USD was down 0.11% to 1.0659, while EUR/GBP fell 0.42% to 0.8541.

The US Dollar Index Futures was up 0.11% at 100.53.

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