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Germany stocks mixed at close of trade; DAX down 0.98%

Published 05/15/2015, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.98%
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Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Food & Beverages, Financial Services and Retail sectors led shares higher while losses in the Basic Resources, Telecoms and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.98%, while the MDAX index added 0.12%, and the TecDAX index added 0.04%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (XETRA:IFXGn), which rose 0.40% or 0.045 points to trade at 11.390 at the close. Meanwhile, Fresenius Medical Care KGAA ST (XETRA:FMEG) added 0.26% or 0.200 points to end at 76.200 and Deutsche Post AG NA O.N. (XETRA:DPWGn) was up 0.02% or 0.005 points to 28.145 in late trade.

The worst performers of the session were K & S AG NA O.N. (XETRA:SDFGN), which fell 2.77% or 0.820 points to trade at 28.730 at the close. Bay.Motoren Werke AG ST (XETRA:BMWG) declined 2.49% or 2.600 points to end at 102.000 and Volkswagen AG VZO O.N. (XETRA:VOWG_p) was down 2.33% or 5.150 points to 215.700.

The top performers on the MDAX were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which rose 3.70% to 14.705, Tag Immobilien AG (XETRA:TEGG) which was up 2.57% to settle at 12.155 and Wacker Chemie O.N. (XETRA:WCHG) which gained 1.73% to close at 108.800.

The worst performers were Salzgitter AG O.N. (XETRA:SZGG) which was down 3.43% to 34.365 in late trade, Duerr AG O.N. (XETRA:DUEG) which lost 1.50% to settle at 91.110 and Gerry Weber Internat.O.N. (XETRA:GWIG) which was down 1.47% to 29.530 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 9.12% to 16.565, Adva Optical Networking SE (XETRA:ADAG) which was up 3.46% to settle at 5.831 and Draegerwerk VZO O.N. (XETRA:DRWG_p) which gained 1.98% to close at 98.880.

The worst performers were Nemetschek AG O.N. (XETRA:NEKG) which was down 2.43% to 110.250 in late trade, Kontron AG O.N. (XETRA:KBCG) which lost 2.12% to settle at 4.530 and Telefonica Deutschland Holding AG (XETRA:O2Dn) which was down 1.77% to 5.100 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 381 to 343 and 44 ended unchanged.

Shares in Adva Optical Networking SE (XETRA:ADAG) rose to 3-years highs; up 3.46% or 0.195 to 5.831.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.50% to 21.67.

Gold for June delivery was down 0.19% or 2.30 to $1222.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.73% or 0.44 to hit $59.44 a barrel, while the July Brent oil contract fell 0.20% or 0.14 to trade at $66.56 a barrel.

EUR/USD was up 0.19% to 1.1430, while EUR/GBP rose 0.23% to 0.7248.

The US Dollar Index was down 0.04% at 93.37.

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