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Germany stocks mixed at close of trade; DAX up 0.36%

Published 01/08/2018, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.36%
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Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Technology, Financial Services and Construction sectors led shares higher while losses in the Food & Beverages, Basic Resources and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.36% to hit a new 1-month high, while the MDAX index fell 0.01%, and the TecDAX index climbed 1.09%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 1.35% or 0.330 points to trade at 24.690 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 1.32% or 1.170 points to end at 89.670 and Deutsche Boerse AG (DE:DB1Gn) was up 1.26% or 1.240 points to 99.700 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 0.97% or 0.150 points to trade at 15.340 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 0.56% or 0.140 points to end at 24.900 and Merck KGaA (DE:MRCG) was down 0.49% or 0.46 points to 93.06.

The top performers on the MDAX were Stroeer SE (DE:SAXG) which rose 2.65% to 64.000, Osram Licht AG (F:OSRn) which was up 1.75% to settle at 78.920 and Tag Immobilien AG (DE:TEGG) which gained 1.28% to close at 16.630.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 10.68% to 0.53 in late trade, Suedzucker AG (DE:SZUG) which lost 4.89% to settle at 17.295 and Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was down 1.61% to 45.140 at the close.

The top performers on the TecDAX were Wirecard AG (DE:WDIG) which rose 6.50% to 105.950, Evotec AG O.N. (DE:EVTG) which was up 3.72% to settle at 14.500 and Xing AG (DE:OBCGn) which gained 3.62% to close at 286.00.

The worst performers were Adva Optical Networking SE (DE:ADAG) which was down 2.88% to 7.080 in late trade, Qiagen NV (DE:QGEN) which lost 2.13% to settle at 26.610 and Jenoptik AG (DE:JENG) which was down 1.38% to 28.680 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 496 to 237 and 81 ended unchanged.

Shares in Osram Licht AG (F:OSRn) rose to all time highs; up 1.75% or 1.360 to 78.920. Shares in Tag Immobilien AG (DE:TEGG) rose to 5-year highs; rising 1.28% or 0.210 to 16.630. Shares in Wirecard AG (DE:WDIG) rose to all time highs; up 6.50% or 6.470 to 105.950. Shares in Xing AG (DE:OBCGn) rose to all time highs; gaining 3.62% or 10.00 to 286.00.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.89% to 12.52.

Gold Futures for February delivery was down 0.36% or 4.70 to $1317.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.15% or 0.09 to hit $61.53 a barrel, while the March Brent oil contract rose 0.10% or 0.07 to trade at $67.69 a barrel.

EUR/USD was down 0.46% to 1.1974, while EUR/GBP fell 0.40% to 0.8826.

The US Dollar Index Futures was up 0.32% at 92.04.

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