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Germany stocks mixed at close of trade; DAX up 0.82%

Published 10/23/2020, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.82%
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Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Industrials, Chemicals and Media sectors led shares higher while losses in the Retail, Financial Services and Construction sectors led shares lower.

At the close in Frankfurt, the DAX added 0.82%, while the MDAX index added 0.33%, and the TecDAX index fell 0.76%.

The best performers of the session on the DAX were MTU Aero Engines NA O.N. (DE:MTXGn), which rose 6.71% or 10.65 points to trade at 169.30 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 3.17% or 4.05 points to end at 131.90 and Linde PLC (DE:LINI) was up 2.24% or 4.350 points to 198.800 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 0.89% or 0.82 points to trade at 91.66 at the close. Vonovia SE (DE:VNAn) declined 0.60% or 0.34 points to end at 56.52 and Deutsche Post AG NA O.N. (DE:DPWGn) was down 0.31% or 0.125 points to 40.600.

The top performers on the MDAX were Deutsche Lufthansa AG (DE:LHAG) which rose 5.59% to 8.494, Airbus Group SE (DE:AIRG) which was up 5.52% to settle at 68.00 and Fraport AG (DE:FRAG) which gained 5.16% to close at 35.885.

The worst performers were HelloFresh SE (DE:HFGG) which was down 5.25% to 46.90 in late trade, TeamViewer AG (DE:TMV) which lost 2.83% to settle at 40.19 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.69% to 383.400 at the close.

The top performers on the TecDAX were Freenet AG NA (DE:FNTGn) which rose 1.02% to 16.645, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 0.70% to settle at 26.780 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 0.63% to close at 2.221.

The worst performers were TeamViewer AG (DE:TMV) which was down 2.83% to 40.19 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 2.69% to settle at 383.400 and New Work SE (DE:NWOn) which was down 2.58% to 226.50 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 432 to 248 and 71 ended unchanged.

Shares in Merck KGaA (DE:MRCG) rose to all time highs; gaining 3.17% or 4.05 to 131.90.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.53% to 30.10.

Gold Futures for December delivery was up 0.02% or 0.35 to $1904.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.97% or 0.80 to hit $39.84 a barrel, while the December Brent oil contract fell 1.74% or 0.74 to trade at $41.72 a barrel.

EUR/USD was up 0.30% to 1.1852, while EUR/GBP rose 0.73% to 0.9095.

The US Dollar Index Futures was down 0.15% at 92.828.

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