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Germany stocks mixed at close of trade; DAX down 0.87%

Published 07/25/2018, 12:15 PM
Updated 07/25/2018, 12:16 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.87%
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Food & Beverages, Retail and Telecoms sectors led shares higher while losses in the Technology, Insurance and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.87%, while the MDAX index declined 0.18%, and the TecDAX index climbed 0.35%.

The best performers of the session on the DAX were Linde AG 1 (DE:LIN1), which rose 1.20% or 2.5000 points to trade at 210.1000 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 0.95% or 0.39 points to end at 41.51 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 0.59% or 0.170 points to 28.850 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 3.47% or 0.800 points to trade at 22.250 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 2.72% or 4.08 points to end at 145.92 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 2.53% or 2.75 points to 106.05.

The top performers on the MDAX were Rocket Internet (DE:RKET) which rose 2.69% to 30.50, Delivery Hero AG (DE:DHER) which was up 2.57% to settle at 51.85 and Deutsche Wohnen AG (DE:DWNG) which gained 1.38% to close at 41.870.

The worst performers were Duerr AG (DE:DUEG) which was down 3.39% to 35.600 in late trade, Schaeffler AG Pref (DE:SHA_p) which lost 2.80% to settle at 11.12 and Prosiebensat 1 Media AG (DE:PSMGn) which was down 2.41% to 22.3100 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 8.07% to 3.897, Drillisch AG (DE:DRIG) which was up 3.07% to settle at 52.000 and Carl Zeiss Meditec AG (DE:AFXG) which gained 2.13% to close at 67.100.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 6.20% to 28.75 in late trade, SMA Solar Technology AG (DE:S92G) which lost 2.45% to settle at 33.420 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.30% to 140.000 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 395 to 275 and 105 ended unchanged.

Shares in Rocket Internet (DE:RKET) rose to 52-week highs; gaining 2.69% or 0.80 to 30.50. Shares in Duerr AG (DE:DUEG) fell to 52-week lows; down 3.39% or 1.250 to 35.600. Shares in Delivery Hero AG (DE:DHER) rose to all time highs; up 2.57% or 1.30 to 51.85. Shares in Deutsche Wohnen AG (DE:DWNG) rose to all time highs; rising 1.38% or 0.570 to 41.870. Shares in SLM Solutions Group AG (DE:AM3D) fell to 52-week lows; falling 6.20% or 1.90 to 28.75. Shares in Carl Zeiss Meditec AG (DE:AFXG) rose to all time highs; gaining 2.13% or 1.400 to 67.100.

The DAX volatility index, which measures the implied volatility of DAX options, was up 10.54% to 16.67.

Gold Futures for August delivery was up 0.25% or 3.10 to $1228.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.43% or 0.98 to hit $69.50 a barrel, while the September Brent oil contract rose 0.87% or 0.64 to trade at $74.08 a barrel.

EUR/USD was down 0.09% to 1.1677, while EUR/GBP fell 0.06% to 0.8885.

The US Dollar Index Futures was down 0.04% at 94.35.

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