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Germany stocks mixed at close of trade; DAX down 0.27%

Published 03/02/2020, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.27%

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

At the close in Frankfurt, the DAX fell 0.27% to hit a new 6-months low, while the MDAX index lost 0.07%, and the TecDAX index climbed 0.31%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 3.72% or 1.160 points to trade at 32.320 at the close. Meanwhile, Beiersdorf AG O.N. (DE:BEIG) added 2.09% or 1.980 points to end at 96.880 and Merck KGaA (DE:MRCG) was up 1.97% or 2.15 points to 111.20 in late trade.

The worst performers of the session were Deutsche Lufthansa AG (DE:LHAG), which fell 6.24% or 0.730 points to trade at 10.960 at the close. MTU Aero Engines NA O.N. (DE:MTXGn) declined 5.12% or 11.30 points to end at 209.40 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 3.96% or 0.312 points to 7.567.

The top performers on the MDAX were TeamViewer AG (DE:TMV) which rose 11.01% to 35.69, Varta AG (DE:VAR1) which was up 8.27% to settle at 73.300 and Uniper SE (DE:UN01) which gained 4.94% to close at 28.060.

The worst performers were Duerr AG (DE:DUEG) which was down 10.34% to 25.240 in late trade, Morphosys AG O.N. (DE:MORG) which lost 9.36% to settle at 98.075 and Qiagen NV (DE:QIA) which was down 4.22% to 31.800 at the close.

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The top performers on the TecDAX were TeamViewer AG (DE:TMV) which rose 11.01% to 35.69, Varta AG (DE:VAR1) which was up 8.27% to settle at 73.300 and United Internet AG NA (DE:UTDI) which gained 3.37% to close at 27.920.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 9.36% to 98.075 in late trade, New Work SE (DE:NWOn) which lost 5.33% to settle at 231.00 and Qiagen NV (DE:QIA) which was down 4.22% to 31.800 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 415 to 302 and 32 ended unchanged.

Shares in Deutsche Lufthansa AG (DE:LHAG) fell to 3-years lows; losing 6.24% or 0.730 to 10.960. Shares in TeamViewer AG (DE:TMV) rose to all time highs; gaining 11.01% or 3.54 to 35.69. Shares in TeamViewer AG (DE:TMV) rose to all time highs; up 11.01% or 3.54 to 35.69. Shares in New Work SE (DE:NWOn) fell to 52-week lows; falling 5.33% or 13.00 to 231.00.

The DAX volatility index, which measures the implied volatility of DAX options, was down 14.96% to 34.11.

Gold Futures for April delivery was up 1.90% or 29.75 to $1596.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 4.76% or 2.13 to hit $46.89 a barrel, while the May Brent oil contract rose 4.65% or 2.31 to trade at $51.98 a barrel.

EUR/USD was up 1.33% to 1.1172, while EUR/GBP rose 1.70% to 0.8726.

The US Dollar Index Futures was down 0.89% at 97.207.

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