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Germany stocks mixed at close of trade; DAX down 1.15%

Published 05/06/2020, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 1.15%
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Technology, Basic Resources and Retail sectors led shares higher while losses in the Software, Industrials and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.15%, while the MDAX index lost 0.15%, and the TecDAX index added 0.14%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 5.21% or 0.877 points to trade at 17.700 at the close. Meanwhile, Beiersdorf AG O.N. (DE:BEIG) added 2.26% or 2.010 points to end at 91.050 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 2.00% or 1.430 points to 72.820 in late trade.

The worst performers of the session were Bayerische Motoren Werke AG (DE:BMWG), which fell 5.73% or 3.070 points to trade at 50.535 at the close. Wirecard AG (DE:WDIG) declined 5.01% or 4.335 points to end at 82.215 and Deutsche Lufthansa AG (DE:LHAG) was down 3.83% or 0.312 points to 7.824.

The top performers on the MDAX were Dialog Semiconductor (DE:DLGS) which rose 13.25% to 33.555, Morphosys AG O.N. (DE:MORG) which was up 6.55% to settle at 102.025 and Aurubis AG (DE:NAFG) which gained 4.66% to close at 50.940.

The worst performers were Fraport AG (DE:FRAG) which was down 6.80% to 35.200 in late trade, Airbus Group SE (DE:AIRG) which lost 5.03% to settle at 53.67 and Prosiebensat 1 Media AG (DE:PSMGn) which was down 4.67% to 8.8140 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 13.25% to 33.555, Jenoptik AG (DE:JENGn) which was up 11.73% to settle at 21.140 and Morphosys AG O.N. (DE:MORG) which gained 6.55% to close at 102.025.

The worst performers were Wirecard AG (DE:WDIG) which was down 5.01% to 82.215 in late trade, Pfeiffer Vacuum Technology O.N. (DE:PV) which lost 4.31% to settle at 148.90 and Freenet AG NA (DE:FNTGn) which was down 4.11% to 15.765 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 389 to 274 and 76 ended unchanged.

Shares in Wirecard AG (DE:WDIG) fell to 52-week lows; falling 5.01% or 4.335 to 82.215. Shares in Wirecard AG (DE:WDIG) fell to 52-week lows; down 5.01% or 4.335 to 82.215.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.52% to 36.56.

Gold Futures for June delivery was down 1.39% or 23.75 to $1686.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 5.70% or 1.40 to hit $23.16 a barrel, while the July Brent oil contract fell 6.88% or 2.13 to trade at $28.84 a barrel.

EUR/USD was down 0.29% to 1.0807, while EUR/GBP rose 0.43% to 0.8750.

The US Dollar Index Futures was up 0.37% at 100.127.

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