Germany shares mixed at close of trade; DAX down 0.73%

  • Stock Market News
Germany shares mixed at close of trade; DAX down 0.73%
Credit: © Reuters. – Germany equities were mixed at the close on Friday, as gains in the Food & Beverages , Technology and Consumer & Cyclical sectors propelled shares higher while losses in the Chemicals , Telecoms and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.73% to hit a new 1-month low, while the MDAX index added 0.09%, and the TecDAX index climbed 0.69%.

The biggest gainers of the session on the DAX were Adidas AG (DE: ADSGN ), which rose 2.07% or 3.40 points to trade at 167.75 at the close. Infineon Technologies AG NA O.N. (DE: IFXGn ) added 0.71% or 0.130 points to end at 18.485 and Lufthansa AG VNA O.N. (DE: LHAG ) was up 0.66% or 0.130 points to 19.925 in late trade.

Biggest losers included Bayer AG NA (DE: BAYGN ), which lost 4.15% or 4.90 points to trade at 113.20 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 1.90% or 0.300 points to end at 15.525 and Bayerische Motoren Werke AG (DE: BMWG ) shed 1.74% or 1.440 points to 81.280.

The top performers on the MDAX were Bilfinger SE O.N. (DE: GBFG ) which rose 3.34% to 34.300, Osram Licht AG (F: OSRn ) which was up 2.89% to settle at 70.013 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which gained 2.74% to close at 32.005.

The worst performers were Leoni AG (DE: LEOGn ) which was down 1.48% to 45.075 in late trade, GEA Group AG (DE: G1AG ) which lost 1.14% to settle at 35.830 and Schaeffler AG Pref (DE: SHA_p ) which was down 0.87% to 12.54 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE: ADAG ) which rose 3.08% to 9.029, Nemetschek AG O.N. (DE: NEKG ) which was up 2.89% to settle at 65.200 and Slm Solution G (DE: AM3D ) which gained 2.89% to close at 38.50.

The worst performers were S&T AG (F: SANT1 ) which was down 1.21% to 13.336 in late trade, Qiagen NV (DE: QGEN ) which lost 0.61% to settle at 29.125 and Medigene NA O.N. (DE: MDG1k ) which was down 0.54% to 11.065 at the close.

Declining stocks outnumbered rising ones by 357 to 352 and 21 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.91% to 16.49.

In commodities trading, Gold Futures for August delivery was down 0.18% or 2.26 to $1243.54 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.31% or 0.59 to hit $45.52 a barrel, while the September Brent oil contract rose 1.11% or 0.53 to trade at $48.16 a barrel.

EUR/USD was down 0.29% to 1.1408, while EUR/GBP fell 0.22% to 0.8779.

The US Dollar Index Futures was up 0.20% at 95.51.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or