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Germany shares mixed at close of trade; DAX down 0.52%

Published 18/10/2018, 03:15 am
Updated 18/10/2018, 03:15 am
© Reuters.  Germany shares mixed at close of trade; DAX down 0.52%

Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the Food & Beverages, Financial Services and Retail sectors propelled shares higher while losses in the Pharmaceuticals & Healthcare, Media and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.52%, while the MDAX index fell 0.12%, and the TecDAX index gained 0.32%.

The biggest gainers of the session on the DAX were Merck KGaA (DE:MRCG), which rose 2.97% or 2.66 points to trade at 92.30 at the close. Vonovia SE (DE:VNAn) added 2.73% or 1.08 points to end at 40.68 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.68% or 0.162 points to 9.781 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE:FMEG), which lost 16.32% or 13.990 points to trade at 71.730 in late trade. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 8.50% or 5.860 points to end at 63.100 and Covestro AG (DE:1COV) shed 2.93% or 1.840 points to 61.000.

The top performers on the MDAX were LEG Immobilien AG (DE:LEGn) which rose 3.40% to 99.800, Deutsche Wohnen AG (DE:DWNG) which was up 2.65% to settle at 41.060 and Talanx AG NA O.N. (DE:TLXGn) which gained 2.43% to close at 30.300.

The worst performers were Duerr AG (DE:DUEG) which was down 9.58% to 30.000 in late trade, Stroeer SE (DE:SAXG) which lost 3.60% to settle at 45.580 and Schaeffler AG Pref (DE:SHA_p) which was down 3.17% to 10.07 at the close.

The top performers on the TecDAX were Dr. Hoenle AG O.N. (DE:HNLG) which rose 8.10% to 69.400, Shop Apotheke Europe NV (DE:SAEG) which was up 6.90% to settle at 48.000 and Tele Columbus AG (DE:TC1n) which gained 4.93% to close at 3.52.

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The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 5.47% to 16.94 in late trade, Takkt AG O.N. (DE:TTKG) which lost 3.61% to settle at 12.300 and Stroeer SE (DE:SAXG) which was down 3.60% to 45.580 at the close.

Declining stocks outnumbered rising ones by 363 to 344 and 70 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.73% to 17.16.

In commodities trading, Gold Futures for December delivery was down 0.05% or 0.60 to $1230.40 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.56% or 1.84 to hit $70.08 a barrel, while the December Brent oil contract fell 1.62% or 1.32 to trade at $80.09 a barrel.

EUR/USD was down 0.31% to 1.1538, while EUR/GBP rose 0.05% to 0.8782.

The US Dollar Index Futures was up 0.30% at 95.06.

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