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Germany stocks mixed at close of trade; DAX down 0.51%

Published 07/10/2019, 01:15 PM
Updated 07/10/2019, 01:16 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.51%
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Technology, Retail and Transportation & Logistics sectors led shares higher while losses in the Basic Resources, Insurance and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.51%, while the MDAX index declined 0.01%, and the TecDAX index climbed 0.20%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 1.65% or 1.100 points to trade at 67.740 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 1.42% or 0.222 points to end at 15.910 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 0.60% or 0.275 points to 46.115 in late trade.

The worst performers of the session were Daimler AG NA O.N. (DE:DAIGn), which fell 1.57% or 0.750 points to trade at 47.020 at the close. Continental AG O.N. (DE:CONG) declined 1.53% or 1.84 points to end at 118.22 and E.ON SE NA (DE:EONGn) was down 1.33% or 0.129 points to 9.541.

The top performers on the MDAX were Morphosys AG O.N. (DE:MORG) which rose 2.93% to 89.7000, Drillisch AG (DE:DRIG) which was up 2.63% to settle at 32.040 and Commerzbank AG O.N. (DE:CBKG) which gained 2.51% to close at 6.417.

The worst performers were Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 3.80% to 24.840 in late trade, Kion Group AG (DE:KGX) which lost 3.73% to settle at 50.52 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.61% to 2.385 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 2.93% to 89.700, Drillisch AG (DE:DRIG) which was up 2.63% to settle at 32.040 and United Internet AG NA (DE:UTDI) which gained 1.79% to close at 29.060.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.61% to 2.385 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 2.02% to settle at 7.025 and Xing AG (DE:OBCGn) which was down 1.66% to 355.00 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 371 to 299 and 90 ended unchanged.

Shares in Continental AG O.N. (DE:CONG) fell to 5-year lows; losing 1.53% or 1.84 to 118.22. Shares in Telefonica Deutschland Holding AG (DE:O2Dn) fell to all time lows; down 2.61% or 0.064 to 2.385. Shares in Telefonica Deutschland Holding AG (DE:O2Dn) fell to all time lows; falling 2.61% or 0.064 to 2.385. Shares in Medigene NA O.N. (DE:MDG1k) fell to 52-week lows; down 2.02% or 0.145 to 7.025.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.76% to 13.84.

Gold Futures for August delivery was up 0.92% or 12.85 to $1413.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 3.80% or 2.20 to hit $60.03 a barrel, while the September Brent oil contract rose 3.82% or 2.45 to trade at $66.61 a barrel.

EUR/USD was up 0.45% to 1.1256, while EUR/GBP rose 0.14% to 0.9000.

The US Dollar Index Futures was down 0.39% at 96.718.

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