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Germany shares mixed at close of trade; DAX down 0.09%

Published 29/08/2018, 02:15 am
© Reuters.  Germany shares mixed at close of trade; DAX down 0.09%
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Investing.com – Germany equities were mixed at the close on Tuesday, as gains in the Basic Resources, Media and Industrials sectors propelled shares higher while losses in the Telecoms, Utilities and Construction sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.09%, while the MDAX index gained 0.39%, and the TecDAX index fell 0.09%.

The biggest gainers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 1.57% or 1.380 points to trade at 89.120 at the close. Bayerische Motoren Werke AG (DE:BMWG) added 1.44% or 1.200 points to end at 84.390 and Volkswagen AG VZO O.N. (DE:VOWG_p) was up 1.36% or 1.92 points to 143.38 in late trade.

Biggest losers included Covestro AG (DE:1COV), which lost 3.04% or 2.420 points to trade at 77.160 in late trade. E.ON SE NA (DE:EONGn) declined 1.60% or 0.152 points to end at 9.345 and Deutsche Bank AG NA O.N. (DE:DBKGn) shed 1.53% or 0.153 points to 9.861.

The top performers on the MDAX were Kion Group AG (DE:KGX) which rose 3.74% to 61.04, Axel Springer SE (DE:SPRGn) which was up 3.61% to settle at 63.100 and Osram Licht AG (DE:OSRn) which gained 3.12% to close at 39.39.

The worst performers were Fielmann AG (DE:FIEG) which was down 1.94% to 58.000 in late trade, Grand City Properties SA (DE:GYC) which lost 1.16% to settle at 23.96 and Rocket Internet (DE:RKET) which was down 1.11% to 30.36 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 2.79% to 75.650, Aixtron SE (DE:AIXGn) which was up 2.43% to settle at 11.570 and Jenoptik AG (DE:JENG) which gained 2.27% to close at 35.120.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 4.83% to 14.390 in late trade, RIB Software AG Na (DE:RIB) which lost 4.60% to settle at 20.760 and SMA Solar Technology AG (DE:S92G) which was down 2.86% to 31.200 at the close.

Declining stocks outnumbered rising ones by 364 to 343 and 75 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.14% to 14.55.

In commodities trading, Gold Futures for December delivery was down 0.12% or 1.40 to $1214.60 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.36% or 0.25 to hit $68.62 a barrel, while the November Brent oil contract rose 0.03% or 0.02 to trade at $76.52 a barrel.

EUR/USD was up 0.35% to 1.1719, while EUR/GBP rose 0.33% to 0.9092.

The US Dollar Index Futures was down 0.24% at 94.44.

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