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

Germany stocks mixed at close of trade; DAX up 0.24%

Published 10/28/2022, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.24%

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

At the close in Frankfurt, the DAX rose 0.24% to hit a new 1-month high, while the MDAX index declined 1.21%, and the TecDAX index added 0.13%.

The best performers of the session on the DAX were MTU Aero Engines NA O.N. (ETR:MTXGn), which rose 3.90% or 6.90 points to trade at 183.95 at the close. Meanwhile, Airbus Group SE (ETR:AIRG) added 3.64% or 3.86 points to end at 110.00 and Deutsche Telekom AG Na (ETR:DTEGn) was up 3.39% or 0.63 points to 19.30 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (ETR:FMEG), which fell 8.88% or 2.56 points to trade at 26.26 at the close. Vonovia SE (ETR:VNAn) declined 4.89% or 1.13 points to end at 22.00 and Zalando SE (ETR:ZALG) was down 4.01% or 1.01 points to 24.18.

The top performers on the MDAX were Software AG (ETR:SOWGn) which rose 4.12% to 22.24, Vantage Towers AG (ETR:VTWRn) which was up 2.51% to settle at 27.74 and Siltronic AG (ETR:WAFGn) which gained 2.42% to close at 65.50.

The worst performers were Tag Immobilien AG (ETR:TEGG) which was down 7.21% to 6.31 in late trade, LEG Immobilien AG (ETR:LEGn) which lost 5.57% to settle at 64.06 and HelloFresh SE (ETR:HFGG) which was down 5.12% to 20.40 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 SMA Solar Technology AG (ETR:S92G) which rose 5.93% to 51.10, Software AG (ETR:SOWGn) which was up 4.12% to settle at 22.24 and Deutsche Telekom AG Na (ETR:DTEGn) which gained 3.39% to close at 19.30.

The worst performers were CompuGroup Medical AG O.N. (ETR:COP1n) which was down 11.63% to 32.66 in late trade, Cancom SE O.N. (ETR:COKG) which lost 8.64% to settle at 24.94 and Aixtron SE (ETR:AIXGn) which was down 4.57% to 25.29 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 350 to 310 and 90 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (ETR:FMEG) fell to 5-year lows; down 8.88% or 2.56 to 26.26. Shares in HelloFresh SE (ETR:HFGG) fell to 52-week lows; down 5.12% or 1.10 to 20.40. Shares in CompuGroup Medical AG O.N. (ETR:COP1n) fell to 5-year lows; losing 11.63% or 4.30 to 32.66.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.02% to 24.85 a new 1-month low.

Gold Futures for December delivery was down 1.16% or 19.35 to $1,646.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.65% or 1.47 to hit $87.61 a barrel, while the January Brent oil contract fell 1.64% or 1.56 to trade at $93.48 a barrel.

EUR/USD was unchanged 0.17% to 0.99, while EUR/GBP unchanged 0.39% to 0.86.

The US Dollar Index Futures was up 0.25% at 110.73.

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.