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Germany stocks mixed at close of trade; DAX down 1.65%

Published 05/29/2020, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 1.65%
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Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Software, Retail and Consumer & Cyclical sectors led shares higher while losses in the Transportation & Logistics, Construction and Food & Beverages sectors led shares lower.

At the close in Frankfurt, the DAX fell 1.65%, while the MDAX index lost 0.93%, and the TecDAX index gained 0.40%.

The best performers of the session on the DAX were Henkel & Co KGaA AG Pref (DE:HNKG_p), which rose 0.83% or 0.66 points to trade at 80.07 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) fell 0.22% or 0.095 points to end at 43.140 and Vonovia SE (DE:VNAn) was down 0.35% or 0.18 points to 51.78 in late trade.

The worst performers of the session were Deutsche Lufthansa AG (DE:LHAG), which fell 6.43% or 0.628 points to trade at 9.142 at the close. E.ON SE NA (DE:EONGn) declined 5.88% or 0.594 points to end at 9.506 and Covestro AG (DE:1COV) was down 4.91% or 1.720 points to 33.290.

The top performers on the MDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 6.86% to 333.400, TeamViewer AG (DE:TMV) which was up 3.26% to settle at 45.76 and Bechtle AG (DE:BC8G) which gained 2.79% to close at 158.500.

The worst performers were Hugo Boss AG NA O.N. (DE:BOSSn) which was down 9.14% to 24.540 in late trade, Deutsche Pfandbriefbank AG (DE:PBBG) which lost 7.26% to settle at 6.20 and Duerr AG (DE:DUEG) which was down 7.23% to 21.300 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 6.86% to 333.400, TeamViewer AG (DE:TMV) which was up 3.26% to settle at 45.76 and Bechtle AG (DE:BC8G) which gained 2.79% to close at 158.500.

The worst performers were Jenoptik AG (DE:JENGn) which was down 3.30% to 21.660 in late trade, Freenet AG NA (DE:FNTGn) which lost 3.17% to settle at 15.588 and Dialog Semiconductor (DE:DLGS) which was down 2.82% to 35.510 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 487 to 196 and 58 ended unchanged.

Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; rising 6.86% or 21.400 to 333.400. Shares in Bechtle AG (DE:BC8G) rose to all time highs; rising 2.79% or 4.300 to 158.500. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; gaining 6.86% or 21.400 to 333.400. Shares in Bechtle AG (DE:BC8G) rose to all time highs; gaining 2.79% or 4.300 to 158.500.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.09% to 33.44.

Gold Futures for June delivery was up 1.35% or 23.20 to $1736.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.24% or 0.08 to hit $33.63 a barrel, while the August Brent oil contract fell 0.03% or 0.01 to trade at $36.02 a barrel.

EUR/USD was up 0.15% to 1.1093, while EUR/GBP rose 0.23% to 0.9010.

The US Dollar Index Futures was up 0.04% at 98.412.

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