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Germany stocks mixed at close of trade; DAX up 0.05%

Published 08/24/2017, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.05%
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Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Basic Resources, Utilities and Insurance sectors led shares higher while losses in the Consumer & Cyclical, Media and Software sectors led shares lower.

At the close in Frankfurt, the DAX added 0.05%, while the MDAX index declined 0.71%, and the TecDAX index lost 0.37%.

The best performers of the session on the DAX were Daimler AG NA O.N. (DE:DAIGn), which rose 1.45% or 0.880 points to trade at 61.650 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) added 1.12% or 0.790 points to end at 71.440 and Bayerische Motoren Werke AG (DE:BMWG) was up 0.86% or 0.680 points to 79.790 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 0.80% or 1.55 points to trade at 192.80 at the close. Prosiebensat 1 Media AG (DE:PSMGn) declined 0.79% or 0.260 points to end at 32.550 and SAP SE (DE:SAPG) was down 0.78% or 0.700 points to 88.580.

The top performers on the MDAX were STADA Arzneimittel VNA O.N. (DE:STAGn) which rose 3.00% to 80.340, Hugo Boss AG NA O.N. (DE:BOSSn) which was up 2.43% to settle at 72.110 and Aurubis AG (DE:NAFG) which gained 2.34% to close at 74.930.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 10.21% to 3.80 in late trade, CTS Eventim AG (DE:EVDG) which lost 3.20% to settle at 36.000 and Metro AG (DE:MEOG) which was down 2.18% to 9.161 at the close.

The top performers on the TecDAX were Aixtron SE (DE:AIXGn) which rose 2.18% to 7.765, Slm Solution G (DE:AM3D) which was up 2.02% to settle at 31.33 and Evotec AG O.N. (DE:EVTG) which gained 0.89% to close at 15.860.

The worst performers were Cancom SE O.N. (DE:COKG) which was down 1.93% to 57.880 in late trade, Jenoptik AG (DE:JENG) which lost 1.69% to settle at 22.980 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 1.67% to 89.570 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 414 to 349 and 31 ended unchanged.

Shares in STADA Arzneimittel VNA O.N. (DE:STAGn) rose to all time highs; gaining 3.00% or 2.340 to 80.340. Shares in Steinhoff International Holdings NV (DE:SNHG) fell to 52-week lows; losing 10.21% or 0.43 to 3.80. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; up 0.89% or 0.140 to 15.860.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.65% to 15.15.

Gold Futures for December delivery was down 0.13% or 1.65 to $1293.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.42% or 1.17 to hit $47.24 a barrel, while the October Brent oil contract fell 1.52% or 0.80 to trade at $51.77 a barrel.

EUR/USD was down 0.04% to 1.1803, while EUR/GBP fell 0.04% to 0.9222.

The US Dollar Index Futures was up 0.04% at 93.18.

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