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Germany stocks mixed at close of trade; DAX down 0.05%

Published 08/11/2022, 01:15 PM
Updated 08/11/2022, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.05%

Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Retail, Food & Beverages and Technology sectors led shares higher while losses in the Construction, Financial Services and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.05%, while the MDAX index gained 0.28%, and the TecDAX index added 1.18%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 4.53% or 19.20 points to trade at 443.00 at the close. Meanwhile, HelloFresh SE (ETR:HFGG) added 3.78% or 1.07 points to end at 29.39 and E.ON SE (ETR:EONGn) was up 3.02% or 0.27 points to 9.22 in late trade.

The worst performers of the session were Covestro AG (ETR:1COV), which fell 3.52% or 1.16 points to trade at 31.82 at the close. BASF SE NA O.N. (ETR:BASFN) declined 2.29% or 1.02 points to end at 43.42 and Continental AG O.N. (ETR:CONG) was down 2.03% or 1.36 points to 65.74.

The top performers on the MDAX were Stroeer SE (ETR:SAXG) which rose 8.06% to 46.10, K&S AG (ETR:SDFGn) which was up 3.29% to settle at 21.02 and Rational AG (ETR:RAAG) which gained 3.16% to close at 620.00.

The worst performers were Tag Immobilien AG (ETR:TEGG) which was down 4.00% to 10.79 in late trade, Evonik Industries AG (ETR:EVKn) which lost 2.55% to settle at 20.67 and Uniper SE (ETR:UN01) which was down 2.16% to 6.81 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 8.70% to 58.75, Sartorius AG VZO O.N. (ETR:SATG_p) which was up 4.53% to settle at 443.00 and CompuGroup Medical AG O.N. (ETR:COP1n) which gained 4.50% to close at 45.04.

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The worst performers were Kontron AG (ETR:KTN) which was down 2.55% to 16.42 in late trade, Bechtle AG (ETR:BC8G) which lost 2.02% to settle at 44.62 and Freenet AG NA (ETR:FNTGn) which was down 1.18% to 22.60 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 407 to 266 and 90 ended unchanged.

Shares in SMA Solar Technology AG (ETR:S92G) rose to 52-week highs; up 8.70% or 4.70 to 58.75.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.43% to 23.04 a new 1-month low.

Gold Futures for December delivery was down 0.45% or 8.15 to $1,805.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 2.80% or 2.57 to hit $94.50 a barrel, while the October Brent oil contract rose 2.38% or 2.32 to trade at $99.72 a barrel.

EUR/USD was unchanged 0.31% to 1.03, while EUR/GBP unchanged 0.37% to 0.85.

The US Dollar Index Futures was down 0.16% at 104.91.

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