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Germany stocks mixed at close of trade

Published 01/29/2015, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade
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Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Telecom, Utilities and Technology sectors led shares higher while losses in the Basic Resources, Industrial and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.25%, while the MDAX index fell 0.35%, and the TecDAX index declined 0.74%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (XETRA:DBKGn), which rose 2.56% or 0.645 points to trade at 25.795 at the close. Meanwhile, Deutsche Telekom AG Na (XETRA:DTEGn) added 1.67% or 0.255 points to end at 15.490 and Infineon Technologies AG NA O.N. (XETRA:IFXGn) was up 1.51% or 0.149 points to 9.999 in late trade.

The worst performers of the session were Fresenius SE & Co KGAA O.N. (XETRA:FREG), which fell 1.71% or 0.880 points to trade at 50.520 at the close. Thyssenkrupp AG O.N. (XETRA:TKAG) declined 1.63% or 0.375 points to end at 22.625 and Siemens AG NA (XETRA:SIEGn) was down 1.49% or 1.420 points to 93.600.

The top performers on the MDAX were DMG Mori Seiki AG (XETRA:GILG) which rose 2.88% to 29.305, Norma Group AG NA O.N. (XETRA:NOEJ) which was up 2.29% to settle at 44.020 and Deutsche Wohnen AG Inh (XETRA:DWNG) which gained 1.67% to close at 23.420.

The worst performers were Gerry Weber Internat.O.N. (XETRA:GWIG) which was down 2.89% to 33.990 in late trade, Hochtief AG (XETRA:HOTG) which lost 2.80% to settle at 61.830 and Kloeckner & Co SE NA (XETRA:KCOGn) which was down 2.39% to 9.108 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (XETRA:NEKG) which rose 2.47% to 88.380, Telefonica Deutschland Holding AG (XETRA:O2Dn) which was up 1.05% to settle at 4.891 and Software AG O.N. (XETRA:SOWG) which gained 0.70% to close at 23.145.

The worst performers were BB Biotech AG (XETRA:BIONn) which was down 4.91% to 244.150 in late trade, Adva Optical Networking SE (XETRA:ADAG) which lost 4.64% to settle at 2.837 and SMA Solar Technology AG (XETRA:S92G) which was down 4.35% to 10.455 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 419 to 313 and 21 ended unchanged.

Shares in Deutsche Telekom AG Na (XETRA:DTEGn) rose to 5-year highs; rising 1.67% or 0.255 to 15.490. Shares in Infineon Technologies AG NA O.N. (XETRA:IFXGn) rose to 5-year highs; rising 1.51% or 0.149 to 9.999. Shares in DMG Mori Seiki AG (XETRA:GILG) rose to all time highs; up 2.88% or 0.820 to 29.305. Shares in Norma Group AG NA O.N. (XETRA:NOEJ) rose to all time highs; gaining 2.29% or 0.985 to 44.020. Shares in SMA Solar Technology AG (XETRA:S92G) fell to all time lows; down 4.35% or 0.475 to 10.455.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 20.38.

Gold for April delivery was down 2.43% or 31.30 to $1255.90 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March fell 1.28% or 0.57 to hit $43.88 a barrel, while the March Brent Oil contract rose 0.15% or 0.07 to trade at $48.55 a barrel.

EUR/USD was down 0.03% to 1.1286, while EUR/GBP rose 0.63% to 0.7503.

The US Dollar Index was up 0.33% at 95.20.

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