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Germany stocks mixed at close of trade; DAX up 0.04%

Published 07/02/2019, 01:15 PM
Updated 07/02/2019, 01:16 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.04%
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Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Utilities, Food & Beverages and Insurance sectors led shares higher while losses in the Basic Resources, Construction and Media sectors led shares lower.

At the close in Frankfurt, the DAX added 0.04% to hit a new 6-months high, while the MDAX index fell 0.27%, and the TecDAX index lost 0.09%.

The best performers of the session on the DAX were Henkel & Co KGaA AG Pref (DE:HNKG_p), which rose 3.76% or 3.24 points to trade at 89.34 at the close. Meanwhile, Beiersdorf AG O.N. (DE:BEIG) added 1.79% or 1.900 points to end at 108.050 and Vonovia SE (DE:VNAn) was up 1.70% or 0.72 points to 43.12 in late trade.

The worst performers of the session were Thyssenkrupp AG O.N. (DE:TKAG), which fell 2.36% or 0.305 points to trade at 12.595 at the close. BASF SE NA O.N. (DE:BASFN) declined 1.92% or 1.230 points to end at 62.730 and Continental AG O.N. (DE:CONG) was down 1.92% or 2.44 points to 124.90.

The top performers on the MDAX were Hannover Rueck SE (DE:HNRGn) which rose 1.82% to 145.60, Talanx AG NA O.N. (DE:TLXGn) which was up 1.76% to settle at 39.280 and Uniper SE (DE:UN01) which gained 1.35% to close at 27.030.

The worst performers were Grenke N AG (DE:GLJn) which was down 6.83% to 89.35 in late trade, Leoni AG (DE:LEOGn) which lost 5.99% to settle at 13.345 and Prosiebensat 1 Media AG (DE:PSMGn) which was down 3.60% to 13.6400 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 3.14% to 12.50, Aixtron SE NA O.N. (DE:AIXGn) which was up 1.39% to settle at 8.7240 and Nemetschek AG O.N. (DE:NEKG) which gained 1.34% to close at 56.800.

The worst performers were Jenoptik AG (DE:JENGn) which was down 4.51% to 27.550 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 2.83% to settle at 54.850 and SMA Solar Technology AG (DE:S92G) which was down 2.09% to 25.280 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 324 to 324 and 103 ended unchanged.

Shares in Beiersdorf AG O.N. (DE:BEIG) rose to all time highs; rising 1.79% or 1.900 to 108.050. Shares in Hannover Rueck SE (DE:HNRGn) rose to all time highs; rising 1.82% or 2.60 to 145.60. Shares in Talanx AG NA O.N. (DE:TLXGn) rose to all time highs; rising 1.76% or 0.680 to 39.280. Shares in Nemetschek AG O.N. (DE:NEKG) rose to 52-week highs; rising 1.34% or 0.750 to 56.800.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.99% to 13.00 a new 1-month low.

Gold Futures for August delivery was up 1.31% or 18.15 to $1407.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 3.25% or 1.92 to hit $57.17 a barrel, while the September Brent oil contract fell 2.77% or 1.80 to trade at $63.26 a barrel.

EUR/USD was up 0.08% to 1.1295, while EUR/GBP rose 0.36% to 0.8959.

The US Dollar Index Futures was down 0.15% at 96.268.

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