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Germany stocks mixed at close of trade

Published 02/24/2015, 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 Tuesday, as gains in the Utilities, Basic Resources and Food & Beverage sectors led shares higher while losses in the Retail, Media and Software sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.67% to hit a new all time high, while the MDAX index fell 0.12%, and the TecDAX index added 0.04%.

The best performers of the session on the DAX were RWE AG ST O.N. (XETRA:RWEG), which rose 3.82% or 0.905 points to trade at 24.605 at the close. Meanwhile, E.ON SE NA (XETRA:EONGn) added 2.85% or 0.385 points to end at 13.895 and Deutsche Telekom AG Na (XETRA:DTEGn) was up 1.74% or 0.275 points to 16.095 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (XETRA:VOWG_p), which fell 1.12% or 2.550 points to trade at 226.100 at the close. Bay.Motoren Werke AG ST (XETRA:BMWG) declined 0.90% or 1.000 points to end at 110.650 and Adidas AG NA O.N. (XETRA:ADSGN) was down 0.45% or 0.310 points to 68.920.

The top performers on the MDAX were Salzgitter AG O.N. (XETRA:SZGG) which rose 3.94% to 27.550, Aurubis AG (XETRA:NAFG) which was up 2.73% to settle at 54.270 and STADA Arzneimittel VNA O.N. (XETRA:STAGn) which gained 2.58% to close at 28.650.

The worst performers were Metro AG ST O.N. (XETRA:MEOG) which was down 2.62% to 29.410 in late trade, Airbus Group (XETRA:AIRG) which lost 1.78% to settle at 51.861 and A.Springer AG VNA (XETRA:SPRGn) which was down 1.12% to 57.270 at the close.

The top performers on the TecDAX were Aixtron SE NA O.N. (XETRA:AIXGn) which rose 6.30% to 7.579, CompuGroup Medical AG O.N. (XETRA:COPMa) which was up 6.07% to settle at 28.655 and QSC AG NA O.N. (XETRA:QSCG) which gained 4.99% to close at 1.811.

The worst performers were Xing AG (XETRA:OBCGn) which was down 5.96% to 115.100 in late trade, SMA Solar Technology AG (XETRA:S92G) which lost 1.71% to settle at 11.795 and United Internet AG NA (XETRA:UTDI) which was down 1.69% to 39.635 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 429 to 304 and 33 ended unchanged.

Shares in Deutsche Telekom AG Na (XETRA:DTEGn) rose to 5-year highs; up 1.74% or 0.275 to 16.095. Shares in Aurubis AG (XETRA:NAFG) rose to 52-week highs; gaining 2.73% or 1.440 to 54.270. Shares in CompuGroup Medical AG O.N. (XETRA:COPMa) rose to all time highs; gaining 6.07% or 1.640 to 28.655.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.51% to 15.77 a new 1-month low.

Gold for April delivery was down 0.53% or 6.40 to $1194.40 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April rose 0.83% or 0.41 to hit $49.86 a barrel, while the April Brent Oil contract rose 0.82% or 0.48 to trade at $59.38 a barrel.

EUR/USD was down 0.17% to 1.1316, while EUR/GBP fell 0.12% to 0.7323.

The US Dollar Index was up 0.11% at 94.77.

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