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Germany stocks mixed at close of trade; DAX down 0.38%

Published 06/09/2021, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.38%
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Pharmaceuticals & Healthcare, Media and Technology sectors led shares higher while losses in the Retail, Insurance and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.38%, while the MDAX index gained 0.06%, and the TecDAX index gained 0.71%.

The best performers of the session on the DAX were Merck KGaA (DE:MRCG), which rose 2.70% or 4.07 points to trade at 154.97 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) added 0.98% or 0.440 points to end at 45.305 and MTU Aero Engines NA O.N. (DE:MTXGn) was up 0.91% or 1.90 points to 209.90 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 3.29% or 1.860 points to trade at 54.680 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 2.16% or 0.265 points to end at 12.020 and Delivery Hero AG (DE:DHER) was down 1.51% or 1.70 points to 110.55.

The top performers on the MDAX were Aixtron SE (DE:AIXGn) which rose 7.97% to 18.398, Fraport AG (DE:FRAG) which was up 6.44% to settle at 61.950 and Morphosys AG O.N. (DE:MORG) which gained 3.01% to close at 70.110.

The worst performers were Zalando SE (DE:ZALG) which was down 4.36% to 93.80 in late trade, Commerzbank AG O.N. (DE:CBKG) which lost 1.49% to settle at 6.620 and Lanxess AG (DE:LXSG) which was down 1.47% to 61.470 at the close.

The top performers on the TecDAX were Aixtron SE (DE:AIXGn) which rose 7.97% to 18.398, S&T AG (DE:SANT1) which was up 5.94% to settle at 20.88 and Morphosys AG O.N. (DE:MORG) which gained 3.01% to close at 70.110.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 1.02% to 42.860 in late trade, SAP SE (DE:SAPG) which lost 0.84% to settle at 115.300 and Freenet AG NA (DE:FNTGn) which was down 0.58% to 22.440 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 362 to 312 and 80 ended unchanged.

Shares in Merck KGaA (DE:MRCG) rose to all time highs; gaining 2.70% or 4.07 to 154.97. Shares in Fraport AG (DE:FRAG) rose to 52-week highs; rising 6.44% or 3.750 to 61.950.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.17% to 18.59.

Gold Futures for August delivery was down 0.07% or 1.30 to $1893.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.74% or 0.52 to hit $69.53 a barrel, while the August Brent oil contract fell 0.47% or 0.34 to trade at $71.88 a barrel.

EUR/USD was up 0.07% to 1.2179, while EUR/GBP rose 0.36% to 0.8627.

The US Dollar Index Futures was up 0.07% at 90.135.

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