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Germany stocks mixed at close of trade; DAX down 0.72%

Published 04/08/2015, 12:15 PM
Updated 04/08/2015, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.72%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Basic Resources, Retail and Financial Services sectors led shares higher while losses in the Telecoms, Utilities and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.72%, while the MDAX index gained 0.19%, and the TecDAX index lost 0.55%.

The best performers of the session on the DAX were Lufthansa AG VNA O.N. (XETRA:LHAG), which rose 1.80% or 0.225 points to trade at 12.700 at the close. Meanwhile, Adidas AG NA O.N. (XETRA:ADSGN) added 0.60% or 0.450 points to end at 75.000 and K & S AG NA O.N. (XETRA:SDFGN) was up 0.18% or 0.055 points to 31.450 in late trade.

The worst performers of the session were Bay.Motoren Werke AG ST (XETRA:BMWG), which fell 1.44% or 1.650 points to trade at 113.250 at the close. Daimler AG NA O.N. (XETRA:DAIGn) declined 1.33% or 1.160 points to end at 85.930 and Deutsche Telekom AG Na (XETRA:DTEGn) was down 1.27% or 0.220 points to 17.160.

The top performers on the MDAX were Wincor Nixdorf O.N. (XETRA:WING) which rose 7.97% to 46.600, Aurubis AG (XETRA:NAFG) which was up 1.82% to settle at 55.860 and LEG Immobilien AG (XETRA:LEGn) which gained 1.74% to close at 75.870.

The worst performers were Krones AG O.N. (XETRA:KRNG) which was down 0.79% to 100.150 in late trade, Evonik Industries AG (XETRA:EVKn) which lost 0.79% to settle at 34.470 and Leoni AG NA O.N. (XETRA:LEOGn) which was down 0.64% to 59.410 at the close.

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The top performers on the TecDAX were Adva Optical Networking SE (XETRA:ADAG) which rose 2.45% to 4.759, Pfeiffer Vacuum Technology O.N. (XETRA:PV) which was up 1.98% to settle at 84.020 and SMA Solar Technology AG (XETRA:S92G) which gained 1.91% to close at 12.835.

The worst performers were Nemetschek AG O.N. (XETRA:NEKG) which was down 5.18% to 113.400 in late trade, Evotec AG O.N. (XETRA:EVTG) which lost 2.33% to settle at 3.726 and Wirecard AG (XETRA:WDIG) which was down 2.15% to 39.135 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 385 to 351 and 37 ended unchanged.

Shares in LEG Immobilien AG (XETRA:LEGn) rose to all time highs; rising 1.74% or 1.300 to 75.870. Shares in Adva Optical Networking SE (XETRA:ADAG) rose to 52-week highs; rising 2.45% or 0.114 to 4.759.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 19.00.

Gold for June delivery was down 0.55% or 6.70 to $1203.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 4.59% or 2.48 to hit $51.50 a barrel, while the May Brent oil contract fell 3.48% or 2.06 to trade at $57.05 a barrel.

EUR/USD was up 0.02% to 1.0817, while EUR/GBP fell 0.74% to 0.7249.

The US Dollar Index was down 0.29% at 97.97.

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