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

Published 02/16/2022, 01:15 PM
Updated 02/16/2022, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.28%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Financial Services, Chemicals and Insurance sectors led shares higher while losses in the Transportation & Logistics, Retail and Media sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.28%, while the MDAX index added 0.20%, and the TecDAX index lost 0.70%.

The best performers of the session on the DAX were MTU Aero Engines NA O.N. (DE:MTXGn), which rose 4.99% or 10.00 points to trade at 210.60 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) added 2.10% or 0.780 points to end at 37.880 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 1.78% or 1.040 points to 59.480 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 4.68% or 4.29 points to trade at 87.36 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 2.45% or 1.280 points to end at 50.930 and Porsche Automobil Holding SE (DE:PSHG_p) was down 2.01% or 1.800 points to 87.760.

The top performers on the MDAX were Fraport AG (DE:FRAG) which rose 4.20% to 67.460, Wacker Chemie O.N. (DE:WCHG) which was up 2.94% to settle at 134.65 and Aurubis AG (DE:NAFG) which gained 2.91% to close at 102.750.

The worst performers were TeamViewer AG (DE:TMV) which was down 3.46% to 14.81 in late trade, Scout24 AG (DE:G24n) which lost 2.40% to settle at 52.140 and Befesa SA (DE:BFSA) which was down 2.25% to 65.10 at the close.

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The top performers on the TecDAX were Varta AG (DE:VAR1) which rose 1.76% to 93.440, Siltronic AG (DE:WAFGn) which was up 0.91% to settle at 110.650 and Freenet AG NA (DE:FNTGn) which gained 0.51% to close at 25.460.

The worst performers were Suse SA (DE:SUSEG) which was down 3.70% to 26.00 in late trade, TeamViewer AG (DE:TMV) which lost 3.46% to settle at 14.81 and Vantage Towers AG (DE:VTWRn) which was down 2.24% to 29.24 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 372 to 336 and 65 ended unchanged.

Shares in Aurubis AG (DE:NAFG) rose to all time highs; up 2.91% or 2.910 to 102.750. Shares in Freenet AG NA (DE:FNTGn) rose to 3-years highs; gaining 0.51% or 0.130 to 25.460.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.60% to 25.80.

Gold Futures for April delivery was up 0.83% or 15.45 to $1871.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.05% or 1.89 to hit $93.96 a barrel, while the April Brent oil contract rose 1.98% or 1.85 to trade at $95.13 a barrel.

EUR/USD was up 0.15% to 1.1373, while EUR/GBP fell 0.15% to 0.8373.

The US Dollar Index Futures was down 0.19% at 95.810.

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