Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Germany stocks mixed at close of trade; DAX up 0.08%

Published 10/24/2017, 12:15 PM
Updated 10/24/2017, 12:20 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.08%

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

At the close in Frankfurt, the DAX rose 0.08%, while the MDAX index climbed 0.34%, and the TecDAX index lost 0.48%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 6.04% or 0.690 points to trade at 12.115 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.99% or 0.425 points to end at 14.660 and Volkswagen AG VZO O.N. (DE:VOWG_p) was up 2.32% or 3.30 points to 145.50 in late trade.

The worst performers of the session were Deutsche Boerse AG (DE:DB1Gn), which fell 2.07% or 1.910 points to trade at 90.300 at the close. BASF SE NA O.N. (DE:BASFN) declined 0.98% or 0.890 points to end at 90.110 and Beiersdorf AG O.N. (DE:BEIG) was down 0.98% or 0.900 points to 91.100.

The top performers on the MDAX were Covestro AG (DE:1COV) which rose 8.15% to 78.000, Airbus Group SE (F:AIRG) which was up 2.76% to settle at 83.390 and Axel Springer SE (DE:SPRGn) which gained 1.58% to close at 58.490.

The worst performers were Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was down 6.09% to 46.910 in late trade, Stroeer SE (DE:SAXG) which lost 3.04% to settle at 55.090 and Kion Group AG (DE:KGX) which was down 2.35% to 65.70 at the close.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 2.98% to 13.140, Dialog Semiconductor (DE:DLGS) which was up 2.93% to settle at 39.550 and Aixtron SE (DE:AIXGn) which gained 2.68% to close at 11.290.

The worst performers were GFT Technologies AG (DE:GFTG) which was down 12.42% to 13.575 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 3.54% to settle at 75.430 and Cancom SE O.N. (DE:COKG) which was down 3.20% to 62.980 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 394 to 353 and 41 ended unchanged.

Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; up 6.04% or 0.690 to 12.115. Shares in Covestro AG (DE:1COV) rose to all time highs; gaining 8.15% or 5.880 to 78.000. Shares in Airbus Group SE (F:AIRG) rose to all time highs; rising 2.76% or 2.240 to 83.390. Shares in Axel Springer SE (DE:SPRGn) rose to 52-week highs; up 1.58% or 0.910 to 58.490. Shares in GFT Technologies AG (DE:GFTG) fell to 52-week lows; losing 12.42% or 1.925 to 13.575.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.25% to 12.54.

Gold Futures for December delivery was down 0.28% or 3.54 to $1277.36 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.06% or 0.55 to hit $52.45 a barrel, while the December Brent oil contract rose 1.52% or 0.87 to trade at $58.24 a barrel.

EUR/USD was up 0.12% to 1.1763, while EUR/GBP rose 0.75% to 0.8969.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The US Dollar Index Futures was up 0.11% at 93.82.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.