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Germany stocks mixed at close of trade; DAX down 0.07%

Published 07/12/2019, 01:15 PM
Updated 07/12/2019, 01:16 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.07%
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Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Chemicals, Construction and Industrials sectors led shares higher while losses in the Food & Beverages, Pharmaceuticals & Healthcare and Software sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.07%, while the MDAX index climbed 0.22%, and the TecDAX index declined 0.49%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 2.56% or 1.030 points to trade at 41.260 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.50% or 0.165 points to end at 6.756 and Continental AG O.N. (DE:CONG) was up 2.24% or 2.58 points to 117.80 in late trade.

The worst performers of the session were Fresenius SE & Co KGAA O.N. (DE:FREG), which fell 2.29% or 1.090 points to trade at 46.480 at the close. Fresenius Medical Care KGAA ST (DE:FMEG) declined 1.33% or 0.940 points to end at 69.700 and Wirecard AG (DE:WDIG) was down 1.30% or 1.900 points to 144.400.

The top performers on the MDAX were Lanxess AG (DE:LXSG) which rose 2.18% to 54.280, Kion Group AG (DE:KGX) which was up 1.85% to settle at 51.62 and Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which gained 1.62% to close at 35.200.

The worst performers were Fielmann AG (DE:FIEG) which was down 4.11% to 63.000 in late trade, Jungheinrich AG O.N.VZO (DE:JUNG_p) which lost 2.68% to settle at 23.960 and Drillisch AG (DE:DRIG) which was down 2.23% to 30.660 at the close.

The top performers on the TecDAX were Jenoptik AG (DE:JENGn) which rose 1.46% to 24.350, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 1.30% to settle at 124.60 and Morphosys AG O.N. (DE:MORG) which gained 0.89% to close at 91.150.

The worst performers were CompuGroup Medical AG O.N. (DE:COPMa) which was down 2.87% to 69.400 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 2.48% to settle at 6.300 and Drillisch AG (DE:DRIG) which was down 2.23% to 30.660 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 330 to 322 and 105 ended unchanged.

Shares in Medigene NA O.N. (DE:MDG1k) fell to 3-years lows; down 2.48% or 0.160 to 6.300.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.22% to 13.79.

Gold Futures for August delivery was up 0.42% or 5.85 to $1412.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.27% or 0.16 to hit $60.36 a barrel, while the September Brent oil contract rose 0.44% or 0.29 to trade at $66.81 a barrel.

EUR/USD was up 0.13% to 1.1266, while EUR/GBP fell 0.22% to 0.8967.

The US Dollar Index Futures was down 0.20% at 96.475.

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