Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

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

Published 08/25/2020, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.04%
DE40
-
ADSGN
-
DHLn
-
MUVGn
-
RWEG
-
MTXGn
-
MORG
-
1U1
-
CXPDX
-
CXPIX
-
CXPLX
-
CXPNX
-
CXPVX
-
CXPYX
-
MDAXI
-
TECDAX
-
V1XI
-
EVDG
-
NWOn
-
BC8G
-
JENGn
-
EVKn
-
ZALG
-
WAFGn
-
1COVG
-
AT1
-
HFGG
-

Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Media, Transportation & Logistics and Insurance sectors led shares higher while losses in the Consumer & Cyclical, Financial Services and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.04%, while the MDAX index lost 0.10%, and the TecDAX index gained 0.45%.

The best performers of the session on the DAX were MTU Aero Engines NA O.N. (DE:MTXGn), which rose 2.16% or 3.30 points to trade at 156.25 at the close. Meanwhile, Deutsche Post AG NA O.N. (DE:DPWGn) added 1.19% or 0.460 points to end at 39.255 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 1.08% or 2.60 points to 243.50 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 1.36% or 0.560 points to trade at 40.580 at the close. Adidas AG (DE:ADSGN) declined 1.10% or 2.84 points to end at 256.36 and RWE AG ST O.N. (DE:RWEG) was down 1.07% or 0.360 points to 33.205.

The top performers on the MDAX were CTS Eventim AG (DE:EVDG) which rose 4.76% to 38.260, Siltronic AG (DE:WAFGn) which was up 3.00% to settle at 78.320 and Zalando SE (DE:ZALG) which gained 2.91% to close at 72.92.

The worst performers were Aroundtown Property Holdings PLC (DE:AT1) which was down 5.38% to 4.871 in late trade, HelloFresh SE (DE:HFGG) which lost 3.91% to settle at 43.20 and Evonik Industries AG (DE:EVKn) which was down 2.56% to 24.380 at the close.

The top performers on the TecDAX were New Work SE (DE:NWOn) which rose 4.13% to 264.50, Siltronic AG (DE:WAFGn) which was up 3.00% to settle at 78.320 and Bechtle AG (DE:BC8G) which gained 2.48% to close at 169.200.

The worst performers were Jenoptik AG (DE:JENGn) which was down 2.08% to 23.500 in late trade, Morphosys AG O.N. (DE:MORG) which lost 1.08% to settle at 105.700 and Drillisch AG (DE:DRIG) which was down 0.97% to 24.460 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 368 to 302 and 80 ended unchanged.

Shares in Deutsche Post AG NA O.N. (DE:DPWGn) rose to 52-week highs; up 1.19% or 0.460 to 39.255. Shares in Zalando SE (DE:ZALG) rose to all time highs; up 2.91% or 2.06 to 72.92.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.12% to 24.28.

Gold Futures for December delivery was down 0.80% or 15.60 to $1923.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.81% or 0.77 to hit $43.39 a barrel, while the November Brent oil contract rose 1.58% or 0.72 to trade at $46.36 a barrel.

EUR/USD was up 0.23% to 1.1814, while EUR/GBP fell 0.25% to 0.9000.

The US Dollar Index Futures was down 0.15% at 93.153.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.