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Germany stocks mixed at close of trade; DAX up 0.07%

Published 08/25/2023, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.07%

Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Food & Beverages, Utilities and Telecoms sectors led shares higher while losses in the Construction, Retail and Basic Resources sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.07%, while the MDAX index declined 0.39%, and the TecDAX index fell 0.15%.

The best performers of the session on the DAX were E.ON SE (ETR:EONGn), which rose 0.98% or 0.11 points to trade at 11.35 at the close. Meanwhile, Beiersdorf AG O.N. (ETR:BEIG) added 0.88% or 1.05 points to end at 120.95 and Symrise AG Inh. O.N. (ETR:SY1G) was up 0.76% or 0.70 points to 93.30 in late trade.

The worst performers of the session were Covestro AG (ETR:1COV), which fell 2.15% or 1.06 points to trade at 48.27 at the close. Continental AG O.N. (ETR:CONG) declined 1.43% or 0.98 points to end at 67.40 and Sartorius AG VZO O.N. (ETR:SATG_p) was down 1.25% or 4.40 points to 346.60.

The top performers on the MDAX were Stabilus (ETR:STM1) which rose 1.92% to 49.78, Redcare Pharmacy NV (ETR:RDC) which was up 1.40% to settle at 108.30 and Wacker Chemie O.N. (ETR:WCHG) which gained 1.15% to close at 132.10.

The worst performers were CTS Eventim AG (ETR:EVDG) which was down 1.93% to 55.95 in late trade, Delivery Hero AG (ETR:DHER) which lost 1.90% to settle at 34.38 and Evotec AG O.N. (ETR:EVTG) which was down 1.82% to 20.54 at the close.

The top performers on the TecDAX were Verbio Vereinigte Bioenergie AG (ETR:VBKG) which rose 2.64% to 41.57, ADTRAN Holdingsa Inc (ETR:QH9) which was up 2.29% to settle at 7.52 and CompuGroup Medical AG O.N. (ETR:COP1n) which gained 1.17% to close at 41.66.

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The worst performers were Nagarro SE (ETR:NA9n) which was down 2.67% to 74.60 in late trade, Siltronic AG (ETR:WAFGn) which lost 1.96% to settle at 72.60 and Evotec AG O.N. (ETR:EVTG) which was down 1.82% to 20.54 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 327 to 298 and 115 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.32% to 16.83.

Gold Futures for December delivery was down 0.43% or 8.45 to $1,938.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.54% or 0.43 to hit $79.48 a barrel, while the October Brent oil contract rose 0.79% or 0.66 to trade at $84.02 a barrel.

EUR/USD was unchanged 0.07% to 1.08, while EUR/GBP unchanged 0.01% to 0.86.

The US Dollar Index Futures was up 0.15% at 104.07.

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