Germany shares mixed at close of trade; DAX up 0.47%

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Germany shares mixed at close of trade; DAX up 0.47%
Credit: © Reuters. – Germany equities were mixed at the close on Monday, as gains in the Insurance , Telecoms and Transportation & Logistics sectors propelled shares higher while losses in the Technology , Utilities and Software sectors led shares lower.

At the close in Frankfurt, the DAX added 0.47% to hit a new 6-month high, while the MDAX index added 0.38%, and the TecDAX index lost 0.83%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 3.19% or 0.194 points to trade at 6.269 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 2.11% or 2.600 points to end at 125.850 and Deutsche Bank AG NA O.N. (DE: DBKGn ) was up 1.83% or 0.240 points to 13.360 in late trade.

Biggest losers included E.ON SE NA (DE: EONGn ), which lost 1.22% or 0.083 points to trade at 6.700 in late trade. Adidas AG NA O.N. (DE: ADSGN ) declined 0.93% or 1.450 points to end at 155.200 and Infineon Technologies AG NA O.N. (DE: IFXGn ) shed 0.83% or 0.135 points to 16.045.

The top performers on the MDAX were Fraport AG (DE: FRAG ) which rose 2.95% to 54.430, Steinhoff International Holdings NV (DE: SNHG ) which was up 2.19% to settle at 4.95 and Talanx AG NA O.N. (DE: TLXGn ) which gained 1.82% to close at 28.490.

The worst performers were Fielmann AG (DE: FIEG ) which was down 4.80% to 69.430 in late trade, Osram Licht AG (F: OSRn ) which lost 1.59% to settle at 52.700 and Evonik Industries AG (DE: EVKn ) which was down 1.23% to 27.680 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE: COKG ) which rose 4.13% to 45.405, GFT Technologies AG (DE: GFTG ) which was up 1.97% to settle at 17.625 and CompuGroup Medical AG O.N. (DE: COPMa ) which gained 1.62% to close at 42.395.

The worst performers were Aixtron SE (F: AIXC ) which was down 16.66% to 4.842 in late trade, SMA Solar Technology AG (DE: S92G ) which lost 13.28% to settle at 24.000 and Sartorius AG VZO O.N. (DE: SATG_p ) which was down 6.46% to 74.690 at the close.

Advancing stocks outnumbered falling ones by 555 to 356 and 18 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 5.45% to 17.27.

In commodities trading, Gold for December delivery was down 0.41% or 5.15 to $1262.55 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.44% or 0.73 to hit $50.12 a barrel, while the December Brent oil contract fell 1.39% or 0.72 to trade at $51.06 a barrel.

EUR/USD was up 0.03% to 1.0885, while EUR/GBP rose 0.43% to 0.8923.

The US Dollar Index was up 0.11% at 98.73.

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