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Germany stocks mixed at close of trade

Published 02/11/2015, 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 Wednesday, as gains in the Technology, Utilities and Financial Services sectors led shares higher while losses in the Food & Beverage, Transportation & Logistics and Telecom sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.02% to hit a new all time high, while the MDAX index lost 0.22%, and the TecDAX index added 0.30%.

The best performers of the session on the DAX were RWE AG ST O.N. (XETRA:RWEG), which rose 1.28% or 0.295 points to trade at 23.405 at the close. Meanwhile, Adidas AG NA O.N. (XETRA:ADSGN) added 1.28% or 0.800 points to end at 63.510 and K & S AG NA O.N. (XETRA:SDFGN) was up 0.90% or 0.250 points to 28.060 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (XETRA:DPWGn), which fell 1.71% or 0.485 points to trade at 27.795 at the close. Continental AG O.N. (XETRA:CONG) declined 1.08% or 2.200 points to end at 202.250 and Deutsche Telekom AG Na (XETRA:DTEGn) was down 0.86% or 0.135 points to 15.640.

The top performers on the MDAX were Kuka AG (XETRA:KU2G) which rose 4.73% to 67.750, A.Springer AG VNA (XETRA:SPRGn) which was up 1.24% to settle at 56.400 and Deutsche Annington Immobilien SE (XETRA:ANNGn) which gained 1.12% to close at 31.48.

The worst performers were Gerresheimer AG (XETRA:GXId) which was down 5.52% to 46.730 in late trade, Osram Licht (XETRA:OSRn) which lost 3.41% to settle at 39.198 and Wincor Nixdorf O.N. (XETRA:WING) which was down 3.07% to 40.360 at the close.

The top performers on the TecDAX were Stratec Biomedical (XETRA:SBSG) which rose 3.51% to 44.045, Kontron AG O.N. (XETRA:KBCG) which was up 3.22% to settle at 6.090 and LPKF Laser & Electronics (XETRA:LPKG) which gained 3.18% to close at 9.962.

The worst performers were SMA Solar Technology AG (XETRA:S92G) which was down 3.16% to 12.105 in late trade, QSC AG NA O.N. (XETRA:QSCG) which lost 1.43% to settle at 1.993 and PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 1.06% to 12.100 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 393 to 332 and 25 ended unchanged.

Shares in Deutsche Post AG NA O.N. (XETRA:DPWGn) fell to all time highs; losing 1.71% or 0.485 to 27.795. Shares in Continental AG O.N. (XETRA:CONG) fell to all time highs; falling 1.08% or 2.200 to 202.250. Shares in Deutsche Telekom AG Na (XETRA:DTEGn) fell to 5-year highs; losing 0.86% or 0.135 to 15.640. Shares in Kontron AG O.N. (XETRA:KBCG) rose to 52-week highs; rising 3.22% or 0.190 to 6.090.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.10% to 20.88.

Gold for April delivery was down 0.70% or 8.60 to $1223.60 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March fell 0.92% or 0.46 to hit $49.56 a barrel, while the April Brent Oil contract fell 2.01% or 1.16 to trade at $56.34 a barrel.

EUR/USD was down 0.31% to 1.1284, while EUR/GBP fell 0.15% to 0.7411.

The US Dollar Index was up 0.37% at 95.20.

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