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Germany stocks mixed at close of trade; DAX down 0.05%

Published 05/12/2020, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.05%
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Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Transportation & Logistics, Utilities and Telecoms sectors led shares higher while losses in the Basic Resources, Insurance and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.05%, while the MDAX index declined 0.19%, and the TecDAX index climbed 0.54%.

The best performers of the session on the DAX were Deutsche Post AG NA O.N. (DE:DPWGn), which rose 3.59% or 0.960 points to trade at 27.705 at the close. Meanwhile, E.ON SE NA (DE:EONGn) added 3.38% or 0.308 points to end at 9.408 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 2.22% or 0.141 points to 6.506 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 5.05% or 4.620 points to trade at 86.820 at the close. Allianz SE VNA O.N. (DE:ALVG) declined 2.64% or 4.13 points to end at 152.16 and Heidelbergcement AG O.N. (DE:HEIG) was down 1.52% or 0.640 points to 41.510.

The top performers on the MDAX were Prosiebensat 1 Media AG (DE:PSMGn) which rose 13.33% to 11.0500, Bechtle AG (DE:BC8G) which was up 4.83% to settle at 156.300 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 4.12% to close at 293.000.

The worst performers were Thyssenkrupp AG O.N. (DE:TKAG) which was down 15.21% to 4.115 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 6.32% to settle at 86.000 and Airbus Group SE (DE:AIRG) which was down 5.82% to 51.32 at the close.

The top performers on the TecDAX were Bechtle AG (DE:BC8G) which rose 4.83% to 156.300, Sartorius AG VZO O.N. (DE:SATG_p) which was up 4.12% to settle at 293.000 and Siltronic AG (DE:WAFGn) which gained 3.63% to close at 81.000.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 6.53% to 7.010 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 6.32% to settle at 86.000 and RIB Software AG Na (DE:RIB) which was down 5.05% to 27.460 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 364 to 297 and 79 ended unchanged.

Shares in Bechtle AG (DE:BC8G) rose to all time highs; gaining 4.83% or 7.200 to 156.300. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; rising 4.12% or 11.600 to 293.000. Shares in Bechtle AG (DE:BC8G) rose to all time highs; rising 4.83% or 7.200 to 156.300. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; gaining 4.12% or 11.600 to 293.000.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.54% to 30.63 a new 1-month low.

Gold Futures for June delivery was up 0.56% or 9.45 to $1707.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 7.91% or 1.91 to hit $26.05 a barrel, while the July Brent oil contract rose 2.16% or 0.64 to trade at $30.27 a barrel.

EUR/USD was up 0.43% to 1.0853, while EUR/GBP rose 0.92% to 0.8837.

The US Dollar Index Futures was down 0.32% at 99.950.

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