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Germany stocks mixed at close of trade; DAX down 0.52%

Published 03/08/2019, 02:15 PM
Updated 03/08/2019, 02:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.52%

© Reuters. Germany stocks mixed at close of trade; DAX down 0.52%

Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Financial Services, Software and Food & Beverages sectors led shares higher while losses in the Basic Resources, Retail and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.52%, while the MDAX index declined 0.57%, and the TecDAX index climbed 0.08%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 5.10% or 6.000 points to trade at 123.650 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 2.52% or 1.12 points to end at 45.49 and Merck KGaA (DE:MRCG) was up 2.03% or 1.90 points to 95.34 in late trade.

The worst performers of the session were Thyssenkrupp AG O.N. (DE:TKAG), which fell 2.58% or 0.325 points to trade at 12.285 at the close. Bayer AG NA (DE:BAYGN) declined 2.32% or 1.65 points to end at 69.49 and Adidas AG (DE:ADSGN) was down 2.32% or 5.00 points to 210.60.

The top performers on the MDAX were Tag Immobilien AG (DE:TEGG) which rose 3.25% to 21.600, LEG Immobilien AG (DE:LEGn) which was up 2.81% to settle at 102.250 and Grand City Properties SA (DE:GYC) which gained 2.41% to close at 22.06.

The worst performers were Salzgitter AG (DE:SZGG) which was down 4.99% to 26.660 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 3.70% to settle at 15.2300 and Leoni AG (DE:LEOGn) which was down 3.44% to 21.910 at the close.

The top performers on the TecDAX were Wirecard AG (DE:WDIG) which rose 5.10% to 123.650, Drillisch AG (DE:DRIG) which was up 1.57% to settle at 36.320 and Xing AG (DE:OBCGn) which gained 1.51% to close at 302.50.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 9.60% to 6.78 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 5.47% to settle at 8.295 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 5.09% to 46.220 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 492 to 204 and 86 ended unchanged.

Shares in Thyssenkrupp AG O.N. (DE:TKAG) fell to 5-year lows; down 2.58% or 0.325 to 12.285. Shares in Vonovia SE (DE:VNAn) rose to all time highs; gaining 2.52% or 1.12 to 45.49. Shares in SLM Solutions Group AG (DE:AM3D) fell to all time lows; losing 9.60% or 0.72 to 6.78.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.51% to 15.32.

Gold Futures for April delivery was up 1.02% or 13.15 to $1299.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.55% or 0.88 to hit $55.78 a barrel, while the May Brent oil contract fell 1.39% or 0.92 to trade at $65.38 a barrel.

EUR/USD was up 0.43% to 1.1240, while EUR/GBP rose 1.06% to 0.8644.

The US Dollar Index Futures was down 0.36% at 97.278.

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