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Germany stocks mixed at close of trade; DAX down 0.34%

Published 05/12/2015, 04:15 am
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.34%

Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Technology, Retail and Construction sectors led shares higher while losses in the Utilities, Basic Resources and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.34%, while the MDAX index gained 0.25%, and the TecDAX index declined 0.08%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 2.69% or 0.365 points to trade at 13.945 at the close. Meanwhile, Lufthansa AG VNA O.N. (DE:LHAG) added 2.48% or 0.335 points to end at 13.855 and Deutsche Boerse NA O.N. (DE:DB1Gn) was up 1.17% or 0.920 points to 79.540 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 4.31% or 0.525 points to trade at 11.655 at the close. E.ON SE NA (DE:EONGn) declined 2.02% or 0.180 points to end at 8.749 and Deutsche Telekom AG Na (DE:DTEGn) was down 1.70% or 0.280 points to 16.190.

The top performers on the MDAX were Gerry Weber Internat.O.N. (DE:GWIG) which rose 4.89% to 13.935, Fielmann AG O.N. (DE:FIEG) which was up 1.84% to settle at 65.340 and Kion Group AG (DE:KGX) which gained 1.79% to close at 46.62.

The worst performers were Kabel Deutschland Holding AG O.N. (DE:KD8Gn) which was down 4.98% to 108.800 in late trade, Aurubis AG (DE:NAFG) which lost 2.16% to settle at 57.560 and Wacker Chemie O.N. (DE:WCHG) which was down 2.04% to 78.380 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE:COPMa) which rose 6.30% to 34.780, Nemetschek AG O.N. (DE:NEKG) which was up 3.09% to settle at 44.805 and SMA Solar Technology AG (DE:S92G) which gained 2.17% to close at 45.500.

The worst performers were Draegerwerk VZO O.N. (DE:DRWG_p) which was down 5.05% to 65.570 in late trade, Jenoptik AG O.N. (DE:JENG) which lost 3.71% to settle at 14.155 and Carl Zeiss Meditec AG (DE:AFXG) which was down 3.15% to 26.175 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 406 to 285 and 36 ended unchanged.

Shares in Kabel Deutschland Holding AG O.N. (DE:KD8Gn) fell to 52-week lows; falling 4.98% or 5.700 to 108.800. Shares in Nemetschek AG O.N. (DE:NEKG) rose to 52-week highs; rising 3.09% or 1.345 to 44.805.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.15% to 20.60.

Gold for February delivery was up 2.37% or 25.10 to $1086.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.56% or 1.05 to hit $40.03 a barrel, while the January Brent oil contract fell 1.43% or 0.62 to trade at $43.22 a barrel.

EUR/USD was down 0.52% to 1.0885, while EUR/GBP fell 0.23% to 0.7208.

The US Dollar Index was up 0.49% at 98.30.

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