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Germany stocks mixed at close of trade; DAX down 1.01%

Published 10/27/2020, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 1.01%
DE40
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ALVG
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CONG
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MRCG
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TKAG
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RHMG
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RWEG
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MTXGn
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PV
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QIA
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UTDI
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1U1
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CXPHX
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CXPIX
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CXPRX
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CXPSX
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CXPTX
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CXPUX
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MDAXI
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TECDAX
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BNRGn
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V1XI
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COP1n
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PSMGn
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DHER
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VAR1
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HFGG
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Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Retail, Software and Utilities sectors led shares higher while losses in the Insurance, Technology and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.01% to hit a new 3-months low, while the MDAX index declined 0.19%, and the TecDAX index climbed 0.02%.

The best performers of the session on the DAX were Delivery Hero AG (DE:DHER), which rose 3.22% or 2.98 points to trade at 95.58 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 2.98% or 3.90 points to end at 134.78 and RWE AG ST O.N. (DE:RWEG) was up 1.64% or 0.545 points to 33.685 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 3.60% or 5.80 points to trade at 155.20 at the close. Continental AG O.N. (DE:CONG) declined 2.88% or 2.82 points to end at 95.22 and Allianz SE VNA O.N. (DE:ALVG) was down 2.81% or 4.51 points to 156.11.

The top performers on the MDAX were Brenntag AG (DE:BNRGn) which rose 6.15% to 57.260, HelloFresh SE (DE:HFGG) which was up 4.90% to settle at 48.78 and Qiagen NV (DE:QIA) which gained 3.25% to close at 42.545.

The worst performers were Prosiebensat 1 Media AG (DE:PSMGn) which was down 6.99% to 10.1750 in late trade, Thyssenkrupp AG O.N. (DE:TKAG) which lost 6.05% to settle at 4.175 and Rheinmetall AG (DE:RHMG) which was down 6.34% to 65.560 at the close.

The top performers on the TecDAX were Qiagen NV (DE:QIA) which rose 3.25% to 42.545, CompuGroup Medical AG O.N. (DE:COP1n) which was up 2.94% to settle at 75.200 and Varta AG (DE:VAR1) which gained 2.43% to close at 105.500.

The worst performers were Drillisch AG (DE:DRIG) which was down 3.20% to 18.155 in late trade, United Internet AG NA (DE:UTDI) which lost 3.02% to settle at 30.850 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 2.93% to 162.40 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 441 to 218 and 25 ended unchanged.

Shares in Merck KGaA (DE:MRCG) rose to all time highs; gaining 2.98% or 3.90 to 134.78. Shares in Brenntag AG (DE:BNRGn) rose to 5-year highs; gaining 6.15% or 3.320 to 57.260.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.36% to 34.81 a new 3-months high.

Gold Futures for December delivery was up 0.32% or 6.05 to $1911.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.41% or 0.93 to hit $39.49 a barrel, while the January Brent oil contract rose 2.03% or 0.83 to trade at $41.64 a barrel.

EUR/USD was up 0.23% to 1.1835, while EUR/GBP fell 0.09% to 0.9056.

The US Dollar Index Futures was down 0.27% at 92.793.

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