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Germany stocks mixed at close of trade; DAX down 0.36%

Published 03/17/2022, 02:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.36%
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Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Food & Beverages, Pharmaceuticals & Healthcare and Software sectors led shares higher while losses in the Construction, Technology and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.36%, while the MDAX index climbed 0.33%, and the TecDAX index climbed 0.31%.

The best performers of the session on the DAX were Symrise AG Inh. O.N. (DE:SY1G), which rose 2.41% or 2.45 points to trade at 104.25 at the close. Meanwhile, Qiagen NV (DE:QIA) added 1.97% or 0.84 points to end at 43.58 and Vonovia SE (DE:VNAn) was up 1.89% or 0.88 points to 47.32 in late trade.

The worst performers of the session were HelloFresh SE (DE:HFGG), which fell 3.66% or 1.46 points to trade at 38.38 at the close. Continental AG O.N. (DE:CONG) declined 2.87% or 1.97 points to end at 66.77 and Siemens Energy AG (DE:ENR1n) was down 2.44% or 0.52 points to 20.80.

The top performers on the MDAX were K&S AG (DE:SDFGn) which rose 6.67% to 25.59, Uniper SE (DE:UN01) which was up 4.34% to settle at 25.00 and Rheinmetall AG (DE:RHMG) which gained 4.29% to close at 163.00.

The worst performers were Thyssenkrupp AG O.N. (DE:TKAG) which was down 9.42% to 8.54 in late trade, Fraport AG (DE:FRAG) which lost 3.82% to settle at 50.40 and Talanx AG NA O.N. (DE:TLXGn) which was down 3.24% to 39.96 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 2.59% to 24.56, Qiagen NV (DE:QIA) which was up 1.97% to settle at 43.58 and Varta AG (DE:VAR1) which gained 1.93% to close at 94.88.

The worst performers were Suse SA (DE:SUSEG) which was down 7.03% to 25.14 in late trade, Infineon Technologies AG NA O.N. (DE:IFXGn) which lost 2.24% to settle at 29.87 and SMA Solar Technology AG (DE:S92G) which was down 1.15% to 37.72 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 386 to 301 and 81 ended unchanged.

Shares in K&S AG (DE:SDFGn) rose to 3-years highs; up 6.67% or 1.60 to 25.59. Shares in Rheinmetall AG (DE:RHMG) rose to all time highs; rising 4.29% or 6.70 to 163.00.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.04% to 33.05.

Gold Futures for April delivery was up 1.64% or 31.30 to $1,940.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 7.93% or 7.54 to hit $102.58 a barrel, while the May Brent oil contract rose 8.65% or 8.48 to trade at $106.50 a barrel.

EUR/USD was up 0.79% to 1.11, while EUR/GBP rose 0.70% to 0.84.

The US Dollar Index Futures was down 0.79% at 97.84.

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