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Germany stocks mixed at close of trade; DAX up 0.37%

Published 03/29/2016, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.37%
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Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Financial Services, Telecoms and Technology sectors led shares higher while losses in the Basic Resources, Food & Beverages and Retail sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.37%, while the MDAX index climbed 0.70%, and the TecDAX index fell 0.04%.

The best performers of the session on the DAX were Fresenius SE & Co KGAA O.N. (DE:FREG), which rose 1.65% or 1.020 points to trade at 62.790 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 1.38% or 1.050 points to end at 77.030 and Linde AG O.N. (DE:LING) was up 1.33% or 1.700 points to 129.900 in late trade.

The worst performers of the session were K+S AG NA O.N. (DE:SDFGn), which fell 2.91% or 0.605 points to trade at 20.155 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.60% or 0.250 points to end at 15.365 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 1.57% or 1.800 points to 113.050.

The top performers on the MDAX were LEG Immobilien AG (DE:LEGn) which rose 2.57% to 81.520, Gerresheimer AG (DE:GXId) which was up 2.51% to settle at 69.100 and Vonovia SE (DE:VNAn) which gained 2.43% to close at 31.45.

The worst performers were Aurubis AG (DE:NAFG) which was down 1.13% to 42.685 in late trade, Salzgitter AG O.N. (DE:SZGG) which lost 1.04% to settle at 23.770 and Gerry Weber Internat.O.N. (DE:GWIG) which was down 0.97% to 12.750 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 3.92% to 42.795, Nordex SE O.N. (DE:NDXG) which was up 2.63% to settle at 23.380 and Adva Optical Networking SE (DE:ADAG) which gained 2.35% to close at 10.255.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 4.98% to 3.050 in late trade, Kontron AG O.N. (DE:KBCG) which lost 4.00% to settle at 2.979 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 4.00% to 98.690 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 448 to 400 and 21 ended unchanged.

Shares in LEG Immobilien AG (DE:LEGn) rose to all time highs; up 2.57% or 2.040 to 81.520.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.64% to 22.11.

Gold for June delivery was up 0.53% or 6.50 to $1228.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.12% or 1.23 to hit $38.16 a barrel, while the June Brent oil contract fell 2.62% or 1.07 to trade at $39.80 a barrel.

EUR/USD was up 0.05% to 1.1203, while EUR/GBP fell 0.17% to 0.7842.

The US Dollar Index was down 0.13% at 95.87.

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