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Germany stocks mixed at close of trade; DAX down 0.04%

Published 07/09/2020, 01:15 PM
Updated 07/09/2020, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.04%

© Reuters. Germany stocks mixed at close of trade; DAX down 0.04%

Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Software, Technology and Pharmaceuticals & Healthcare sectors led shares higher while losses in the Food & Beverages, Insurance and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.04%, while the MDAX index lost 0.76%, and the TecDAX index added 0.76%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 4.74% or 6.090 points to trade at 134.630 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 2.66% or 0.560 points to end at 21.650 and Merck KGaA (DE:MRCG) was up 1.86% or 2.02 points to 110.62 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 10.74% or 0.298 points to trade at 2.480 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 3.28% or 0.296 points to end at 8.722 and Daimler AG NA O.N. (DE:DAIGn) was down 2.91% or 1.085 points to 36.200.

The top performers on the MDAX were TeamViewer AG (DE:TMV) which rose 3.71% to 53.62, Gerresheimer AG (DE:GXIG) which was up 2.61% to settle at 92.400 and Software AG (DE:SOWGn) which gained 1.57% to close at 37.600.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 6.70% to 2.479 in late trade, Duerr AG (DE:DUEG) which lost 5.36% to settle at 21.880 and Commerzbank AG O.N. (DE:CBKG) which was down 4.42% to 4.350 at the close.

The top performers on the TecDAX were SAP SE (DE:SAPG) which rose 4.74% to 134.630, TeamViewer AG (DE:TMV) which was up 3.71% to settle at 53.62 and Infineon Technologies AG NA O.N. (DE:IFXGn) which gained 2.66% to close at 21.650.

The worst performers were Wirecard AG (DE:WDIG) which was down 10.74% to 2.480 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 6.70% to settle at 2.479 and Aixtron SE (DE:AIXGn) which was down 3.34% to 11.225 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 448 to 215 and 78 ended unchanged.

Shares in SAP SE (DE:SAPG) rose to all time highs; gaining 4.74% or 6.090 to 134.630. Shares in TeamViewer AG (DE:TMV) rose to all time highs; gaining 3.71% or 1.92 to 53.62. Shares in Gerresheimer AG (DE:GXIG) rose to all time highs; gaining 2.61% or 2.350 to 92.400. Shares in Software AG (DE:SOWGn) rose to 52-week highs; up 1.57% or 0.580 to 37.600. Shares in SAP SE (DE:SAPG) rose to all time highs; gaining 4.74% or 6.090 to 134.630. Shares in TeamViewer AG (DE:TMV) rose to all time highs; rising 3.71% or 1.92 to 53.62.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.77% to 32.66.

Gold Futures for August delivery was down 0.87% or 15.75 to $1804.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 2.67% or 1.09 to hit $39.81 a barrel, while the September Brent oil contract fell 1.94% or 0.84 to trade at $42.45 a barrel.

EUR/USD was down 0.32% to 1.1293, while EUR/GBP fell 0.33% to 0.8951.

The US Dollar Index Futures was up 0.33% at 96.688.

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