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Germany stocks mixed at close of trade; DAX up 0.39%

Published 11/24/2017, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.39%
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BASFN
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Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Chemicals, Insurance and Software sectors led shares higher while losses in the Consumer & Cyclical, Pharmaceuticals & Healthcare and Construction sectors led shares lower.

At the close in Frankfurt, the DAX added 0.39%, while the MDAX index climbed 0.07%, and the TecDAX index lost 0.09%.

The best performers of the session on the DAX were BASF SE NA O.N. (DE:BASFN), which rose 2.91% or 2.690 points to trade at 95.100 at the close. Meanwhile, Continental AG O.N. (DE:CONG) added 1.33% or 2.85 points to end at 216.90 and Volkswagen AG VZO O.N. (DE:VOWG_p) was up 1.01% or 1.70 points to 169.45 in late trade.

The worst performers of the session were Fresenius SE & Co KGAA O.N. (DE:FREG), which fell 1.11% or 0.680 points to trade at 60.760 at the close. Adidas AG (DE:ADSGN) declined 0.96% or 1.75 points to end at 180.00 and Merck KGaA (DE:MRCG) was down 0.72% or 0.65 points to 89.15.

The top performers on the MDAX were Osram Licht AG (F:OSRn) which rose 1.82% to 71.218, Zalando SE (DE:ZALG) which was up 1.34% to settle at 42.85 and Covestro AG (DE:1COV) which gained 1.28% to close at 85.420.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 2.24% to 3.32 in late trade, Salzgitter AG (DE:SZGG) which lost 1.34% to settle at 43.410 and Leoni AG (DE:LEOGn) which was down 0.87% to 61.200 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 2.70% to 11.985, Nordex SE O.N. (DE:NDXG) which was up 2.59% to settle at 7.850 and Cancom SE O.N. (DE:COKG) which gained 1.81% to close at 68.500.

The worst performers were Slm Solution G (DE:AM3D) which was down 1.75% to 43.63 in late trade, Morphosys AG O.N. (DE:MORG) which lost 1.67% to settle at 79.970 and Adva Optical Networking SE (DE:ADAG) which was down 1.39% to 6.041 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 376 to 366 and 48 ended unchanged.

Shares in Fresenius SE & Co KGAA O.N. (DE:FREG) fell to 52-week lows; losing 1.11% or 0.680 to 60.760. Shares in Merck KGaA (DE:MRCG) fell to 52-week lows; down 0.72% or 0.65 to 89.15. Shares in Covestro AG (DE:1COV) rose to all time highs; rising 1.28% or 1.080 to 85.420. Shares in Cancom SE O.N. (DE:COKG) rose to all time highs; up 1.81% or 1.220 to 68.500.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.20% to 13.37.

Gold Futures for December delivery was down 0.30% or 3.83 to $1288.37 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.41% or 0.82 to hit $58.84 a barrel, while the January Brent oil contract rose 0.08% or 0.05 to trade at $63.60 a barrel.

EUR/USD was up 0.72% to 1.1936, while EUR/GBP rose 0.60% to 0.8956.

The US Dollar Index Futures was down 0.41% at 92.66.

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