Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany shares mixed at close of trade; DAX down 0.51%

Published 11/07/2019, 03:15 am
Updated 11/07/2019, 03:15 am
© Reuters.  Germany shares mixed at close of trade; DAX down 0.51%

Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the Technology, Retail and Transportation & Logistics sectors propelled shares higher while losses in the Basic Resources, Insurance and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.51%, while the MDAX index fell 0.01%, and the TecDAX index gained 0.20%.

The biggest gainers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 1.65% or 1.100 points to trade at 67.740 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) added 1.42% or 0.222 points to end at 15.910 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 0.60% or 0.275 points to 46.115 in late trade.

Biggest losers included Daimler AG NA O.N. (DE:DAIGn), which lost 1.57% or 0.750 points to trade at 47.020 in late trade. Continental AG O.N. (DE:CONG) declined 1.53% or 1.84 points to end at 118.22 and E.ON SE NA (DE:EONGn) shed 1.33% or 0.129 points to 9.541.

The top performers on the MDAX were Morphosys AG O.N. (DE:MORG) which rose 2.93% to 89.7000, Drillisch AG (DE:DRIG) which was up 2.63% to settle at 32.040 and Commerzbank AG O.N. (DE:CBKG) which gained 2.51% to close at 6.417.

The worst performers were Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 3.80% to 24.840 in late trade, Kion Group AG (DE:KGX) which lost 3.73% to settle at 50.52 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.61% to 2.385 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 2.93% to 89.700, Drillisch AG (DE:DRIG) which was up 2.63% to settle at 32.040 and United Internet AG NA (DE:UTDI) which gained 1.79% to close at 29.060.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.61% to 2.385 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 2.02% to settle at 7.025 and Xing AG (DE:OBCGn) which was down 1.66% to 355.00 at the close.

Declining stocks outnumbered rising ones by 371 to 299 and 90 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.76% to 13.84.

In commodities trading, Gold Futures for August delivery was up 0.92% or 12.85 to $1413.35 a troy ounce. Meanwhile, Crude oil for delivery in August rose 3.82% or 2.21 to hit $60.04 a barrel, while the September Brent oil contract rose 3.87% or 2.48 to trade at $66.64 a barrel.

EUR/USD was up 0.45% to 1.1256, while EUR/GBP rose 0.13% to 0.8999.

The US Dollar Index Futures was down 0.39% at 96.713.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.