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Germany stocks mixed at close of trade; DAX down 0.02%

Published 12/27/2017, 12:15 PM
Updated 12/27/2017, 12:36 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.02%
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Basic Resources, Food & Beverages and Industrials sectors led shares higher while losses in the Insurance, Technology and Retail sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.02%, while the MDAX index climbed 0.59%, and the TecDAX index gained 0.06%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 0.88% or 0.36 points to trade at 41.34 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 0.61% or 0.55 points to end at 90.83 and Thyssenkrupp AG O.N. (DE:TKAG) was up 0.48% or 0.115 points to 24.045 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 1.50% or 0.245 points to trade at 16.070 at the close. Prosiebensat 1 Media AG (DE:PSMGn) declined 0.81% or 0.235 points to end at 28.745 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 0.80% or 1.35 points to 167.65.

The top performers on the MDAX were Krones AG O.N. (DE:KRNG) which rose 3.89% to 112.200, Salzgitter AG (DE:SZGG) which was up 2.08% to settle at 47.615 and Uniper SE (DE:UN01) which gained 1.78% to close at 25.465.

The worst performers were Hella KGaA Hueck & Co (DE:HLE) which was down 1.02% to 52.41 in late trade, Kion Group AG (DE:KGX) which lost 1.00% to settle at 72.90 and Wacker Chemie O.N. (DE:WCHG) which was down 0.62% to 161.25 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 7.47% to 14.035, RIB Software AG Na (DE:RIB) which was up 3.94% to settle at 24.795 and Medigene NA O.N. (DE:MDG1k) which gained 2.58% to close at 13.110.

The worst performers were Aixtron SE (DE:AIXGn) which was down 5.77% to 11.505 in late trade, Qiagen NV (DE:QGEN) which lost 1.80% to settle at 26.515 and Dialog Semiconductor (DE:DLGS) which was down 1.18% to 25.100 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 418 to 373 and 23 ended unchanged.

Shares in Salzgitter AG (DE:SZGG) rose to 5-year highs; rising 2.08% or 0.970 to 47.615.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.39% to 13.27.

Gold Futures for February delivery was up 0.26% or 3.30 to $1290.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.70% or 0.42 to hit $59.55 a barrel, while the March Brent oil contract fell 0.81% or 0.54 to trade at $65.92 a barrel.

EUR/USD was up 0.35% to 1.1900, while EUR/GBP rose 0.17% to 0.8881.

The US Dollar Index Futures was down 0.27% at 92.59.

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