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Germany stocks mixed at close of trade; DAX up 0.71%

Published 01/23/2018, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.71%
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Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Pharmaceuticals & Healthcare, Food & Beverages and Financial Services sectors led shares higher while losses in the Basic Resources, Media and Technology sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.71% to hit a new all time high, while the MDAX index declined 0.06%, and the TecDAX index declined 0.05%.

The best performers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 3.31% or 3.50 points to trade at 109.22 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) added 2.83% or 1.900 points to end at 69.100 and Deutsche Boerse AG (DE:DB1Gn) was up 2.81% or 2.780 points to 101.700 in late trade.

The worst performers of the session were Bayerische Motoren Werke AG (DE:BMWG), which fell 1.02% or 0.980 points to trade at 95.280 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 0.66% or 1.24 points to end at 187.26 and Prosiebensat 1 Media AG (DE:PSMGn) was down 0.56% or 0.170 points to 30.150.

The top performers on the MDAX were Metro AG (DE:MEOG) which rose 3.03% to 11.550, Norma Group AG NA O.N. (DE:NOEJ) which was up 2.88% to settle at 62.600 and Suedzucker AG (DE:SZUG) which gained 1.92% to close at 16.205.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 3.19% to 0.51 in late trade, Hella KGaA Hueck & Co (DE:HLE) which lost 1.90% to settle at 56.80 and Lanxess AG (DE:LXSG) which was down 1.70% to 72.760 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 4.65% to 84.450, Morphosys AG O.N. (DE:MORG) which was up 2.32% to settle at 83.950 and Qiagen NV (DE:QGEN) which gained 1.64% to close at 27.340.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 4.06% to 36.400 in late trade, Wirecard AG (DE:WDIG) which lost 3.67% to settle at 103.800 and Aixtron SE (DE:AIXGn) which was down 2.22% to 12.530 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 424 to 279 and 109 ended unchanged.

Shares in Deutsche Boerse AG (DE:DB1Gn) rose to 5-year highs; gaining 2.81% or 2.780 to 101.700. Shares in Norma Group AG NA O.N. (DE:NOEJ) rose to all time highs; rising 2.88% or 1.750 to 62.600. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; rising 4.65% or 3.750 to 84.450.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.14% to 12.77.

Gold Futures for February delivery was up 0.40% or 5.30 to $1337.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.27% or 0.81 to hit $64.38 a barrel, while the March Brent oil contract rose 1.12% or 0.77 to trade at $69.80 a barrel.

EUR/USD was up 0.19% to 1.2285, while EUR/GBP rose 0.22% to 0.8787.

The US Dollar Index Futures was down 0.16% at 90.01.

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