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Germany stocks mixed at close of trade; DAX up 0.75%

Published 09/06/2017, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.75%
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Food & Beverages, Chemicals and Consumer & Cyclical sectors led shares higher while losses in the Utilities, Construction and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.75%, while the MDAX index declined 0.02%, and the TecDAX index climbed 0.26%.

The best performers of the session on the DAX were Daimler AG NA O.N. (DE:DAIGn), which rose 3.17% or 1.980 points to trade at 64.400 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 1.63% or 2.10 points to end at 131.20 and Bayerische Motoren Werke AG (DE:BMWG) was up 1.57% or 1.260 points to 81.760 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 1.47% or 0.140 points to trade at 9.398 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 0.34% or 0.085 points to end at 25.065 and Heidelbergcement AG O.N. (DE:HEIG) was down 0.28% or 0.230 points to 80.920.

The top performers on the MDAX were Hugo Boss AG NA O.N. (DE:BOSSn) which rose 3.80% to 74.010, Duerr AG (DE:DUEG) which was up 1.15% to settle at 100.000 and Deutsche Euroshop AG (DE:DEQGn) which gained 1.02% to close at 33.125.

The worst performers were Schaeffler AG Pref (DE:SHA_p) which was down 2.32% to 12.02 in late trade, Hannover Rueck SE (DE:HNRGn) which lost 1.26% to settle at 97.57 and Hochtief AG (DE:HOTG) which was down 1.08% to 147.05 at the close.

The top performers on the TecDAX were Software AG O.N. (DE:SOWG) which rose 4.82% to 38.785, Slm Solution G (DE:AM3D) which was up 4.34% to settle at 33.55 and Morphosys AG O.N. (DE:MORG) which gained 2.98% to close at 63.500.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 3.67% to 10.505 in late trade, Drillisch AG (DE:DRIG) which lost 1.41% to settle at 56.760 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 1.10% to 88.170 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 381 to 358 and 52 ended unchanged.

Shares in Hugo Boss AG NA O.N. (DE:BOSSn) rose to 52-week highs; rising 3.80% or 2.710 to 74.010.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.67% to 16.22.

Gold Futures for December delivery was up 0.02% or 0.22 to $1344.72 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.25% or 0.61 to hit $49.27 a barrel, while the November Brent oil contract rose 1.27% or 0.68 to trade at $54.06 a barrel.

EUR/USD was up 0.20% to 1.1937, while EUR/GBP fell 0.07% to 0.9135.

The US Dollar Index Futures was down 0.28% at 92.02.

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