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Germany stocks mixed at close of trade; DAX down 0.52%

Published 10/17/2018, 12:15 PM
Updated 10/17/2018, 12:16 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.52%
DE40
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DBKGn
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FMEG
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MRCG
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FREG
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TECDAX
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SAXG
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TTKG
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HNLG
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DWNG
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DUEG
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Food & Beverages, Financial Services and Retail sectors led shares higher while losses in the Pharmaceuticals & Healthcare, Media and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.52%, while the MDAX index fell 0.12%, and the TecDAX index climbed 0.32%.

The best performers of the session on the DAX were Merck KGaA (DE:MRCG), which rose 2.97% or 2.66 points to trade at 92.30 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 2.73% or 1.08 points to end at 40.68 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.68% or 0.162 points to 9.781 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (DE:FMEG), which fell 16.32% or 13.990 points to trade at 71.730 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 8.50% or 5.860 points to end at 63.100 and Covestro AG (DE:1COV) was down 2.93% or 1.840 points to 61.000.

The top performers on the MDAX were LEG Immobilien AG (DE:LEGn) which rose 3.40% to 99.800, Deutsche Wohnen AG (DE:DWNG) which was up 2.65% to settle at 41.060 and Talanx AG NA O.N. (DE:TLXGn) which gained 2.43% to close at 30.300.

The worst performers were Duerr AG (DE:DUEG) which was down 9.58% to 30.000 in late trade, Stroeer SE (DE:SAXG) which lost 3.60% to settle at 45.580 and Schaeffler AG Pref (DE:SHA_p) which was down 3.17% to 10.07 at the close.

The top performers on the TecDAX were Dr. Hoenle AG O.N. (DE:HNLG) which rose 8.10% to 69.400, Shop Apotheke Europe NV (DE:SAEG) which was up 6.90% to settle at 48.000 and Tele Columbus AG (DE:TC1n) which gained 4.93% to close at 3.52.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 5.47% to 16.94 in late trade, Takkt AG O.N. (DE:TTKG) which lost 3.61% to settle at 12.300 and Stroeer SE (DE:SAXG) which was down 3.60% to 45.580 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 363 to 344 and 70 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (DE:FMEG) fell to 52-week lows; falling 16.32% or 13.990 to 71.730. Shares in Covestro AG (DE:1COV) fell to 52-week lows; losing 2.93% or 1.840 to 61.000. Shares in Duerr AG (DE:DUEG) fell to 5-year lows; losing 9.58% or 3.180 to 30.000. Shares in Takkt AG O.N. (DE:TTKG) fell to 3-years lows; losing 3.61% or 0.460 to 12.300.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.73% to 17.16.

Gold Futures for December delivery was down 0.09% or 1.10 to $1229.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.56% or 1.84 to hit $70.08 a barrel, while the December Brent oil contract fell 1.63% or 1.33 to trade at $80.08 a barrel.

EUR/USD was down 0.31% to 1.1538, while EUR/GBP rose 0.05% to 0.8782.

The US Dollar Index Futures was up 0.30% at 95.06.

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