Germany shares mixed at close of trade; DAX up 0.01%

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Germany shares mixed at close of trade; DAX up 0.01%
Credit: © Reuters. – Germany equities were mixed at the close on Wednesday, as gains in the Consumer & Cyclical , Basic Resources and Technology sectors propelled shares higher while losses in the Utilities , Transportation & Logistics and Food & Beverages sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.01%, while the MDAX index fell 0.16%, and the TecDAX index gained 0.68%.

The biggest gainers of the session on the DAX were Adidas AG (DE: ADSGN ), which rose 9.42% or 15.05 points to trade at 174.85 at the close. Lufthansa AG VNA O.N. (DE: LHAG ) added 2.88% or 0.395 points to end at 14.120 and Deutsche Bank AG NA O.N. (DE: DBKGn ) was up 1.85% or 0.320 points to 17.635 in late trade.

Biggest losers included E.ON SE NA (DE: EONGn ), which lost 3.63% or 0.268 points to trade at 7.108 in late trade. Deutsche Post AG NA O.N. (DE: DPWGn ) declined 2.75% or 0.885 points to end at 31.305 and Volkswagen AG VZO O.N. (DE: VOWG_p ) shed 1.21% or 1.75 points to 143.05.

The top performers on the MDAX were Deutsche Pfandbriefbank AG (DE: PBBG ) which rose 3.77% to 10.74, Stroeer SE (DE: SAXG ) which was up 2.92% to settle at 48.035 and Leoni AG (DE: LEOGn ) which gained 2.12% to close at 39.315.

The worst performers were Evonik Industries AG (DE: EVKn ) which was down 1.58% to 29.865 in late trade, Steinhoff International Holdings NV (DE: SNHG ) which lost 1.55% to settle at 4.51 and Suedzucker AG (DE: SZUG ) which was down 1.28% to 23.530 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (DE: SATG_p ) which rose 6.24% to 75.650, SMA Solar Technology AG (DE: S92G ) which was up 4.58% to settle at 26.395 and Pfeiffer Vacuum Technology O.N. (DE: PV ) which gained 2.77% to close at 105.85.

The worst performers were Adva Optical Networking SE (DE: ADAG ) which was down 1.81% to 10.280 in late trade, United Internet AG NA (DE: UTDI ) which lost 1.01% to settle at 39.180 and GFT Technologies AG (DE: GFTG ) which was down 0.63% to 18.030 at the close.

Declining stocks outnumbered rising ones by 385 to 343 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 1.76% to 14.20.

In commodities trading, Gold Futures for April delivery was down 0.60% or 7.35 to $1208.75 a troy ounce. Meanwhile, Crude oil for delivery in April fell 3.46% or 1.84 to hit $51.30 a barrel, while the May Brent oil contract fell 3.22% or 1.80 to trade at $54.12 a barrel.

EUR/USD was down 0.26% to 1.0539, while EUR/GBP rose 0.18% to 0.8677.

The US Dollar Index Futures was up 0.34% at 102.16.

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