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Germany stocks mixed at close of trade; DAX up 0.63%

Published 04/24/2019, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.63%
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BAYGN
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Software, Technology and Financial Services sectors led shares higher while losses in the Basic Resources, Telecoms and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.63% to hit a new 6-months high, while the MDAX index declined 0.13%, and the TecDAX index added 2.16%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 12.04% or 12.260 points to trade at 114.100 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 8.22% or 10.150 points to end at 133.650 and Vonovia SE (DE:VNAn) was up 1.39% or 0.62 points to 45.27 in late trade.

The worst performers of the session were Bayer AG NA (DE:BAYGN), which fell 2.90% or 1.80 points to trade at 60.20 at the close. E.ON SE NA (DE:EONGn) declined 2.21% or 0.217 points to end at 9.603 and Covestro AG (DE:1COV) was down 1.95% or 1.020 points to 51.220.

The top performers on the MDAX were Fielmann AG (DE:FIEG) which rose 2.37% to 60.550, Nemetschek AG O.N. (DE:NEKG) which was up 1.92% to settle at 159.000 and Dialog Semiconductor (DE:DLGS) which gained 1.78% to close at 33.150.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 3.81% to 2.801 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 2.96% to settle at 14.2550 and Drillisch AG (DE:DRIG) which was down 2.75% to 32.500 at the close.

The top performers on the TecDAX were SAP SE (DE:SAPG) which rose 12.04% to 114.100, Wirecard AG (DE:WDIG) which was up 8.22% to settle at 133.650 and Nemetschek AG O.N. (DE:NEKG) which gained 1.92% to close at 159.000.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 4.49% to 8.72 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 3.81% to settle at 2.801 and Drillisch AG (DE:DRIG) which was down 2.75% to 32.500 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 379 to 317 and 82 ended unchanged.

Shares in SAP SE (DE:SAPG) rose to all time highs; rising 12.04% or 12.260 to 114.100. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; gaining 1.92% or 3.000 to 159.000. Shares in Dialog Semiconductor (DE:DLGS) rose to 52-week highs; up 1.78% or 0.580 to 33.150. Shares in SAP SE (DE:SAPG) rose to all time highs; rising 12.04% or 12.260 to 114.100. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; gaining 1.92% or 3.000 to 159.000.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.85% to 14.09.

Gold Futures for June delivery was up 0.40% or 5.15 to $1278.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.78% or 0.52 to hit $65.78 a barrel, while the June Brent oil contract fell 0.16% or 0.12 to trade at $74.39 a barrel.

EUR/USD was down 0.61% to 1.1156, while EUR/GBP fell 0.50% to 0.8632.

The US Dollar Index Futures was up 0.39% at 97.703.

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