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Germany stocks mixed at close of trade; DAX down 0.24%

Published 28/11/2015, 04:15 am
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.24%

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

At the close in Frankfurt, the DAX lost 0.24%, while the MDAX index declined 0.21%, and the TecDAX index gained 0.47%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.62% or 0.475 points to trade at 13.600 at the close. Meanwhile, Bay.Motoren Werke AG ST (DE:BMWG) added 0.64% or 0.650 points to end at 101.500 and Continental AG O.N. (DE:CONG) was up 0.62% or 1.400 points to 225.550 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 3.42% or 0.385 points to trade at 10.870 at the close. E.ON SE NA (DE:EONGn) declined 2.50% or 0.231 points to end at 9.004 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 0.97% or 0.235 points to 23.995.

The top performers on the MDAX were Deutsche Euroshop AG O.N. (DE:DEQGn) which rose 0.93% to 41.080, Prosiebensat 1 Media AG (DE:PSMGn) which was up 0.88% to settle at 49.595 and MTU Aero Engines NA O.N. (DE:MTXGn) which gained 0.77% to close at 91.560.

The worst performers were Aareal Bank AG (DE:ARLG) which was down 3.61% to 31.675 in late trade, Evonik Industries AG (DE:EVKn) which lost 3.27% to settle at 33.015 and Gerry Weber Internat.O.N. (DE:GWIG) which was down 2.52% to 14.095 at the close.

The top performers on the TecDAX were Kontron AG O.N. (DE:KBCG) which rose 4.75% to 3.132, Nordex SE O.N. (DE:NDXG) which was up 3.58% to settle at 31.260 and Wirecard AG (DE:WDIG) which gained 2.11% to close at 45.765.

The worst performers were STRATEC Biomedical AG (DE:SBSG) which was down 4.01% to 52.430 in late trade, Adva Optical Networking SE (DE:ADAG) which lost 2.32% to settle at 10.950 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 1.95% to 70.820 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 354 to 333 and 30 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; rising 3.62% or 0.475 to 13.600. Shares in Nordex SE O.N. (DE:NDXG) rose to 5-year highs; up 3.58% or 1.080 to 31.260.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.94% to 20.36.

Gold for December delivery was down 1.23% or 13.20 to $1056.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.49% or 1.07 to hit $41.97 a barrel, while the January Brent oil contract fell 1.26% or 0.57 to trade at $44.88 a barrel.

EUR/USD was down 0.11% to 1.0599, while EUR/GBP rose 0.33% to 0.7049.

The US Dollar Index was up 0.23% at 100.09.

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