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Germany shares mixed at close of trade; DAX down 0.05%

Published 09/02/2017, 04:15 am
© Reuters.  Germany shares mixed at close of trade; DAX down 0.05%
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Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the Food & Beverages, Financial Services and Utilities sectors propelled shares higher while losses in the Basic Resources, Construction and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.05%, while the MDAX index added 0.61%, and the TecDAX index climbed 0.49%.

The biggest gainers of the session on the DAX were Lufthansa AG VNA O.N. (DE:LHAG), which rose 3.28% or 0.395 points to trade at 12.450 at the close. RWE AG ST O.N. (DE:RWEG) added 2.91% or 0.355 points to end at 12.550 and Vonovia SE (DE:VNAn) was up 2.69% or 0.84 points to 32.20 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE:DBKGn), which lost 2.05% or 0.375 points to trade at 17.935 in late trade. Commerzbank AG O.N. (DE:CBKG) declined 1.70% or 0.134 points to end at 7.736 and BASF SE NA O.N. (DE:BASFN) shed 1.63% or 1.450 points to 87.550.

The top performers on the MDAX were GEA Group AG (DE:G1AG) which rose 3.85% to 40.165, Alstria Office Reit-Ag (DE:AOXG) which was up 2.66% to settle at 11.400 and Metro AG ST O.N. (DE:MEOG) which gained 2.48% to close at 30.735.

The worst performers were Salzgitter AG (DE:SZGG) which was down 2.09% to 36.130 in late trade, K+S AG NA O.N. (DE:SDFGn) which lost 1.81% to settle at 22.525 and Bilfinger SE O.N. (DE:GBFG) which was down 1.43% to 36.810 at the close.

The top performers on the TecDAX were Alix Resources Corp (F:37N2) which rose 8.33% to 0.039, Jenoptik AG (DE:JENG) which was up 5.61% to settle at 19.115 and S&T AG (F:SANT1) which gained 2.13% to close at 9.000.

The worst performers were Siltronic AG (DE:WAFGn) which was down 2.03% to 48.300 in late trade, Evotec AG O.N. (DE:EVTG) which lost 1.57% to settle at 6.830 and GFT Technologies AG (DE:GFTG) which was down 0.95% to 19.350 at the close.

Advancing stocks outnumbered falling ones by 409 to 344 and 27 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.16% to 16.59.

In commodities trading, Gold Futures for April delivery was up 0.66% or 8.15 to $1244.25 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.44% or 0.23 to hit $52.40 a barrel, while the April Brent oil contract rose 0.47% or 0.26 to trade at $55.31 a barrel.

EUR/USD was up 0.23% to 1.0704, while EUR/GBP fell 0.06% to 0.8537.

The US Dollar Index Futures was down 0.29% at 100.10.

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