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Germany stocks mixed at close of trade; DAX up 0.25%

Published 10/09/2018, 12:15 PM
Updated 10/09/2018, 12:16 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.25%
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BASFN
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SAPG
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SAXG
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Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Food & Beverages, Software and Basic Resources sectors led shares higher while losses in the Retail, Chemicals and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.25%, while the MDAX index declined 0.31%, and the TecDAX index added 0.81%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 1.72% or 1.760 points to trade at 103.800 at the close. Meanwhile, Commerzbank AG O.N. (DE:CBKG) added 1.16% or 0.099 points to end at 8.641 and Deutsche Lufthansa AG (DE:LHAG) was up 1.03% or 0.200 points to 19.645 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 2.54% or 0.460 points to trade at 17.670 at the close. Covestro AG (DE:1COV) declined 2.10% or 1.400 points to end at 65.360 and BASF SE NA O.N. (DE:BASFN) was down 1.25% or 0.930 points to 73.290.

The top performers on the MDAX were Puma SE (DE:PUMG) which rose 4.59% to 444.00, Osram Licht AG (DE:OSRn) which was up 2.32% to settle at 33.13 and Schaeffler AG Pref (DE:SHA_p) which gained 1.63% to close at 10.08.

The worst performers were Metro AG (DE:MEOG) which was down 18.19% to 4.670 in late trade, Stroeer SE (DE:SAXG) which lost 3.88% to settle at 47.080 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 3.16% to 28.760 at the close.

The top performers on the TecDAX were Wirecard AG (DE:WDIG) which rose 9.47% to 182.300, SMA Solar Technology AG (DE:S92G) which was up 5.32% to settle at 19.600 and Isra Vision O.N. (DE:ISRG) which gained 3.77% to close at 41.25.

The worst performers were RIB Software AG Na (DE:RIB) which was down 4.21% to 15.470 in late trade, Cancom SE O.N. (DE:COKG) which lost 4.02% to settle at 34.360 and SLM Solutions Group AG (DE:AM3D) which was down 3.63% to 16.44 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 389 to 306 and 81 ended unchanged.

Shares in Covestro AG (DE:1COV) fell to 52-week lows; down 2.10% or 1.400 to 65.360. Shares in BASF SE NA O.N. (DE:BASFN) fell to 52-week lows; falling 1.25% or 0.930 to 73.290. Shares in Metro AG (DE:MEOG) fell to all time lows; down 18.19% or 1.038 to 4.670. Shares in Stroeer SE (DE:SAXG) fell to 52-week lows; losing 3.88% or 1.900 to 47.080. Shares in Jungheinrich AG O.N.VZO (DE:JUNG_p) fell to 52-week lows; falling 3.16% or 0.940 to 28.760. Shares in RIB Software AG Na (DE:RIB) fell to 52-week lows; falling 4.21% or 0.680 to 15.470. Shares in SLM Solutions Group AG (DE:AM3D) fell to 52-week lows; losing 3.63% or 0.62 to 16.44.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 16.85.

Gold Futures for December delivery was up 0.24% or 2.90 to $1191.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.69% or 0.51 to hit $74.80 a barrel, while the December Brent oil contract rose 0.94% or 0.79 to trade at $84.70 a barrel.

EUR/USD was down 0.10% to 1.1481, while EUR/GBP fell 0.44% to 0.8740.

The US Dollar Index Futures was up 0.02% at 95.46.

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