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Germany stocks mixed at close of trade; DAX down 1.05%

Published 05/13/2015, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 1.05%
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Food & Beverages, Financial Services and Basic Resources sectors led shares higher while losses in the Telecoms, Transportation & Logistics and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX declined 1.05%, while the MDAX index declined 0.10%, and the TecDAX index added 0.15%.

The best performers of the session on the DAX were Commerzbank AG O.N. (XETRA:CBKG), which rose 1.82% or 0.225 points to trade at 12.585 at the close. Meanwhile, Lufthansa AG VNA O.N. (XETRA:LHAG) added 0.55% or 0.075 points to end at 13.610 and Continental AG O.N. (XETRA:CONG) was up 0.17% or 0.350 points to 210.100 in late trade.

The worst performers of the session were Deutsche Telekom AG Na (XETRA:DTEGn), which fell 3.58% or 0.595 points to trade at 16.005 at the close. Deutsche Post AG NA O.N. (XETRA:DPWGn) declined 3.07% or 0.875 points to end at 27.590 and K & S AG NA O.N. (XETRA:SDFGN) was down 2.94% or 0.885 points to 29.195.

The top performers on the MDAX were Gagfah SA Nom. (XETRA:GFJG) which rose 2.50% to 18.450, Leoni AG NA O.N. (XETRA:LEOGn) which was up 2.36% to settle at 58.110 and Kion Group AG (XETRA:KGX) which gained 2.07% to close at 42.37.

The worst performers were Tui AG NA (XETRA:TUIGn) which was down 4.54% to 16.705 in late trade, Krones AG O.N. (XETRA:KRNG) which lost 3.76% to settle at 94.830 and Hugo Boss AG NA O.N. (XETRA:BOSSn) which was down 3.64% to 103.100 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 8.11% to 14.800, CompuGroup Medical AG O.N. (XETRA:COPMa) which was up 5.18% to settle at 26.900 and Aixtron SE NA O.N. (XETRA:AIXGn) which gained 3.41% to close at 6.799.

The worst performers were LPKF Laser & Electronics (XETRA:LPKG) which was down 14.26% to 9.020 in late trade, Telefonica Deutschland Holding AG (XETRA:O2Dn) which lost 5.45% to settle at 5.184 and Cancom SE O.N. (XETRA:COKG) which was down 3.32% to 36.110 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 427 to 311 and 39 ended unchanged.

Shares in LPKF Laser & Electronics (XETRA:LPKG) fell to 52-week lows; falling 14.26% or 1.500 to 9.020.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 22.52.

Gold for June delivery was up 1.85% or 22.10 to $1214.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.81% or 0.49 to hit $61.24 a barrel, while the July Brent oil contract rose 1.44% or 0.97 to trade at $68.35 a barrel.

EUR/USD was up 1.37% to 1.1366, while EUR/GBP rose 0.92% to 0.7222.

The US Dollar Index was down 1.15% at 93.61.

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