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Germany stocks mixed at close of trade; DAX down 0.50%

Published 08/13/2020, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.50%

Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Retail, Utilities and Telecoms sectors led shares higher while losses in the Insurance, Industrials and Media sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.50%, while the MDAX index declined 0.26%, and the TecDAX index added 0.60%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 2.20% or 0.740 points to trade at 34.405 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 1.71% or 4.50 points to end at 268.15 and Deutsche Telekom AG Na (DE:DTEGn) was up 1.10% or 0.167 points to 15.310 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 10.56% or 0.170 points to trade at 1.440 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 2.26% or 0.187 points to end at 8.073 and Deutsche Wohnen AG (DE:DWNG) was down 1.93% or 0.860 points to 43.670.

The top performers on the MDAX were Varta AG (DE:VAR1) which rose 7.44% to 128.500, Delivery Hero AG (DE:DHER) which was up 4.28% to settle at 102.95 and United Internet AG NA (DE:UTDI) which gained 4.04% to close at 42.480.

The worst performers were Thyssenkrupp AG O.N. (DE:TKAG) which was down 16.17% to 6.220 in late trade, K+S AG NA O.N. (DE:SDFGn) which lost 9.32% to settle at 6.282 and Cancom SE O.N. (DE:COKG) which was down 6.39% to 47.880 at the close.

The top performers on the TecDAX were Varta AG (DE:VAR1) which rose 7.44% to 128.500, Drillisch AG (DE:DRIG) which was up 6.51% to settle at 26.980 and United Internet AG NA (DE:UTDI) which gained 4.04% to close at 42.480.

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The worst performers were Wirecard AG (DE:WDIG) which was down 10.56% to 1.440 in late trade, Nordex SE O.N. (DE:NDXG) which lost 6.98% to settle at 10.530 and Cancom SE O.N. (DE:COKG) which was down 6.39% to 47.880 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 398 to 262 and 90 ended unchanged.

Shares in Varta AG (DE:VAR1) rose to all time highs; up 7.44% or 8.900 to 128.500. Shares in United Internet AG NA (DE:UTDI) rose to 52-week highs; rising 4.04% or 1.650 to 42.480. Shares in Varta AG (DE:VAR1) rose to all time highs; gaining 7.44% or 8.900 to 128.500. Shares in United Internet AG NA (DE:UTDI) rose to 52-week highs; up 4.04% or 1.650 to 42.480.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.21% to 24.20.

Gold Futures for December delivery was up 0.97% or 18.90 to $1967.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.27% or 0.54 to hit $42.13 a barrel, while the October Brent oil contract fell 1.30% or 0.59 to trade at $44.84 a barrel.

EUR/USD was up 0.31% to 1.1818, while EUR/GBP fell 0.03% to 0.9035.

The US Dollar Index Futures was down 0.22% at 93.198.

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