Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks mixed at close of trade; DAX up 0.47%

Published 10/24/2016, 12:15 PM
Updated 10/24/2016, 12:15 PM
© Reuters. Germany stocks mixed at close of trade; DAX up 0.47%

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Insurance, Telecoms and Transportation & Logistics sectors led shares higher while losses in the Technology, Utilities and Software sectors led shares lower.

At the close in Frankfurt, the DAX added 0.47% to hit a new 6-months high, while the MDAX index added 0.38%, and the TecDAX index declined 0.83%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 3.19% or 0.194 points to trade at 6.269 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 2.11% or 2.600 points to end at 125.850 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.83% or 0.240 points to 13.360 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 1.22% or 0.083 points to trade at 6.700 at the close. Adidas AG NA O.N. (DE:ADSGN) declined 0.93% or 1.450 points to end at 155.200 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 0.83% or 0.135 points to 16.045.

The top performers on the MDAX were Fraport AG (DE:FRAG) which rose 2.95% to 54.430, Steinhoff International Holdings NV (DE:SNHG) which was up 2.19% to settle at 4.95 and Talanx AG NA O.N. (DE:TLXGn) which gained 1.82% to close at 28.490.

The worst performers were Fielmann AG (DE:FIEG) which was down 4.80% to 69.430 in late trade, Osram Licht AG (F:OSRn) which lost 1.59% to settle at 52.700 and Evonik Industries AG (DE:EVKn) which was down 1.23% to 27.680 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE:COKG) which rose 4.13% to 45.405, GFT Technologies AG (DE:GFTG) which was up 1.97% to settle at 17.625 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 1.62% to close at 42.395.

The worst performers were Aixtron SE (F:AIXC) which was down 16.66% to 4.842 in late trade, SMA Solar Technology AG (DE:S92G) which lost 13.28% to settle at 24.000 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 6.46% to 74.690 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 555 to 356 and 18 ended unchanged.

Shares in Aixtron SE (F:AIXC) fell to all time lows; losing 16.66% or 0.968 to 4.842. Shares in SMA Solar Technology AG (DE:S92G) fell to 52-week lows; down 13.28% or 3.675 to 24.000. Shares in CompuGroup Medical AG O.N. (DE:COPMa) rose to all time highs; rising 1.62% or 0.675 to 42.395.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.45% to 17.27.

Gold for December delivery was down 0.40% or 5.05 to $1262.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.44% or 0.73 to hit $50.12 a barrel, while the December Brent oil contract fell 1.39% or 0.72 to trade at $51.06 a barrel.

EUR/USD was up 0.04% to 1.0886, while EUR/GBP rose 0.45% to 0.8925.

The US Dollar Index was up 0.11% at 98.73.

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.