Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Germany stocks mixed at close of trade; DAX up 0.28%

Published 08/24/2016, 12:15 PM
Updated 08/24/2016, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.28%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Transportation & Logistics, Construction and Industrials sectors led shares higher while losses in the Food & Beverages, Basic Resources and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.28%, while the MDAX index declined 0.20%, and the TecDAX index added 0.24%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 3.20% or 0.189 points to trade at 6.087 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.34% or 0.290 points to end at 12.685 and Lufthansa AG VNA O.N. (DE:LHAG) was up 2.24% or 0.235 points to 10.715 in late trade.

The worst performers of the session were Deutsche Boerse AG (DE:DB1Gn), which fell 2.37% or 1.790 points to trade at 73.860 at the close. Vonovia SE (DE:VNAn) declined 1.16% or 0.42 points to end at 35.66 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 0.62% or 0.095 points to 15.300.

The top performers on the MDAX were K+S AG NA O.N. (DE:SDFGn) which rose 1.99% to 18.155, RTL Group SA (DE:RRTL) which was up 1.74% to settle at 79.420 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 1.54% to close at 8.69.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 3.66% to 5.88 in late trade, Suedzucker AG (DE:SZUG) which lost 2.57% to settle at 22.410 and STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 1.44% to 48.620 at the close.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The top performers on the TecDAX were Jenoptik AG (DE:JENG) which rose 4.15% to 16.170, SMA Solar Technology AG (DE:S92G) which was up 3.16% to settle at 31.650 and Wirecard AG (DE:WDIG) which gained 1.25% to close at 42.915.

The worst performers were Suess Microtec NA O.N. (DE:SMHNn) which was down 1.26% to 6.340 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 1.12% to settle at 54.630 and Xing AG (DE:OBCGn) which was down 1.09% to 186.450 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 459 to 411 and 25 ended unchanged.

Shares in Jenoptik AG (DE:JENG) rose to 5-year highs; up 4.15% or 0.645 to 16.170.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 17.92.

Gold for December delivery was down 1.10% or 14.85 to $1331.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.85% or 1.37 to hit $46.73 a barrel, while the October Brent oil contract fell 1.82% or 0.91 to trade at $49.05 a barrel.

EUR/USD was down 0.40% to 1.1261, while EUR/GBP fell 0.74% to 0.8502.

The US Dollar Index was up 0.26% at 94.75.

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.