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Germany stocks mixed at close of trade; DAX down 0.43%

Published 09/13/2016, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.43%

Investing.com – Germany stocks were mixed after the close on Tuesday, as gains in the Technology, Food & Beverages and Chemicals sectors led shares higher while losses in the Utilities, Insurance and Basic Resources sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.43% to hit a new 1-month low, while the MDAX index declined 0.49%, and the TecDAX index climbed 0.33%.

The best performers of the session on the DAX were Linde AG O.N. (DE:LING), which rose 4.62% or 6.400 points to trade at 144.850 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 1.33% or 0.190 points to end at 14.505 and Adidas AG NA O.N. (DE:ADSGN) was up 1.27% or 1.850 points to 148.050 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 2.89% or 0.201 points to trade at 6.749 at the close. Commerzbank AG O.N. (DE:CBKG) declined 2.06% or 0.130 points to end at 6.173 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.95% or 0.260 points to 13.040.

The top performers on the MDAX were Kuka AG (DE:KU2G) which rose 1.87% to 85.190, Covestro AG (DE:1COV) which was up 1.30% to settle at 42.570 and Suedzucker AG (DE:SZUG) which gained 1.26% to close at 22.590.

The worst performers were Fraport AG (DE:FRAG) which was down 2.44% to 48.720 in late trade, Steinhoff International Holdings NV (DE:SNHG) which lost 2.13% to settle at 5.02 and Salzgitter AG (DE:SZGG) which was down 2.06% to 27.310 at the close.

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The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 3.51% to 31.830, United Internet AG NA (DE:UTDI) which was up 2.67% to settle at 38.600 and Xing AG (DE:OBCGn) which gained 1.54% to close at 184.600.

The worst performers were RIB Software AG Na (DE:RIB) which was down 3.97% to 10.650 in late trade, Siltronic AG (DE:WAFGn) which lost 3.67% to settle at 21.415 and Cancom SE O.N. (DE:COKG) which was down 1.34% to 42.630 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 512 to 365 and 25 ended unchanged.

Shares in E.ON SE NA (DE:EONGn) fell to all time lows; falling 2.89% or 0.201 to 6.749.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.69% to 21.21 a new 1-month high.

Gold for December delivery was up 0.13% or 1.75 to $1327.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.59% or 1.20 to hit $45.09 a barrel, while the November Brent oil contract fell 2.09% or 1.01 to trade at $47.31 a barrel.

EUR/USD was up 0.09% to 1.1245, while EUR/GBP rose 1.20% to 0.8525.

The US Dollar Index was up 0.24% at 95.35.

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