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Germany shares mixed at close of trade; DAX up 1.51%

Published 05/06/2019, 03:15 am
Updated 05/06/2019, 03:23 am
© Reuters.  Germany shares mixed at close of trade; DAX up 1.51%
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Investing.com – Germany equities were mixed at the close on Tuesday, as gains in the Basic Resources, Chemicals and Construction sectors propelled shares higher while losses in the Food & Beverages, Retail and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX rose 1.51%, while the MDAX index gained 0.60%, and the TecDAX index declined 0.08%.

The biggest gainers of the session on the DAX were Covestro AG (DE:1COV), which rose 4.81% or 1.890 points to trade at 41.180 at the close. Thyssenkrupp AG O.N. (DE:TKAG) added 4.52% or 0.525 points to end at 12.135 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 4.45% or 0.266 points to 6.241 in late trade.

Biggest losers included Beiersdorf AG O.N. (DE:BEIG), which lost 0.96% or 1.000 points to trade at 103.400 in late trade. Adidas AG (DE:ADSGN) declined 0.46% or 1.20 points to end at 258.00 and SAP SE (DE:SAPG) shed 0.07% or 0.080 points to 111.140.

The top performers on the MDAX were Leoni AG (DE:LEOGn) which rose 7.87% to 14.050, Lanxess AG (DE:LXSG) which was up 5.58% to settle at 47.150 and Hella KGaA Hueck & Co (DE:HLE) which gained 5.44% to close at 43.42.

The worst performers were Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.72% to 168.300 in late trade, Morphosys AG O.N. (DE:MORG) which lost 2.47% to settle at 82.7500 and Evotec AG O.N. (DE:EVTG) which was down 2.07% to 21.280 at the close.

The top performers on the TecDAX were Isra Vision O.N. (DE:ISRG) which rose 5.25% to 34.48, Drillisch AG (DE:DRIG) which was up 4.64% to settle at 27.540 and Siltronic AG (DE:WAFGn) which gained 3.22% to close at 62.200.

The worst performers were Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.72% to 168.300 in late trade, Morphosys AG O.N. (DE:MORG) which lost 2.47% to settle at 82.750 and Evotec AG O.N. (DE:EVTG) which was down 2.07% to 21.280 at the close.

Advancing stocks outnumbered falling ones by 457 to 217 and 93 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.24% to 16.82.

In commodities trading, Gold Futures for August delivery was up 0.03% or 0.45 to $1328.35 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.36% or 0.19 to hit $53.44 a barrel, while the August Brent oil contract rose 0.85% or 0.52 to trade at $61.80 a barrel.

EUR/USD was up 0.08% to 1.1248, while EUR/GBP fell 0.07% to 0.8868.

The US Dollar Index Futures was up 0.05% at 97.113.

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