Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Germany stocks mixed at close of trade; DAX up 0.27%

Published 03/17/2021, 04:15 PM
Updated 03/17/2021, 04:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.27%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Telecoms, Chemicals and Consumer & Cyclical sectors led shares higher while losses in the Utilities, Retail and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.27% to hit a new all time high, while the MDAX index lost 0.72%, and the TecDAX index lost 0.40%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 10.96% or 22.73 points to trade at 230.18 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 6.37% or 5.110 points to end at 85.280 and Continental AG O.N. (DE:CONG) was up 2.59% or 3.05 points to 120.80 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 3.19% or 3.45 points to trade at 104.55 at the close. RWE AG ST O.N. (DE:RWEG) declined 2.92% or 0.940 points to end at 31.260 and Merck KGaA (DE:MRCG) was down 2.36% or 3.25 points to 134.53.

The top performers on the MDAX were Morphosys AG O.N. (DE:MORG) which rose 2.54% to 77.120, Wacker Chemie O.N. (DE:WCHG) which was up 1.81% to settle at 111.60 and RTL Group SA (DE:RRTL) which gained 1.56% to close at 50.150.

The worst performers were Siemens Energy AG (DE:ENR1n) which was down 3.21% to 30.42 in late trade, Aurubis AG (DE:NAFG) which lost 2.92% to settle at 68.580 and Scout24 AG (DE:G24n) which was down 2.81% to 62.250 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 Morphosys AG O.N. (DE:MORG) which rose 2.54% to 77.120, Drillisch AG (DE:DRIG) which was up 1.49% to settle at 26.510 and Deutsche Telekom AG Na (DE:DTEGn) which gained 0.99% to close at 16.655.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 2.91% to 22.020 in late trade, Software AG (DE:SOWGn) which lost 2.28% to settle at 32.610 and Jenoptik AG (DE:JENGn) which was down 2.26% to 27.620 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 415 to 279 and 62 ended unchanged.

Shares in Volkswagen AG VZO O.N. (DE:VOWG_p) rose to 5-year highs; gaining 10.96% or 22.73 to 230.18. Shares in Bayerische Motoren Werke AG (DE:BMWG) rose to 52-week highs; up 6.37% or 5.110 to 85.280. Shares in RTL Group SA (DE:RRTL) rose to 52-week highs; up 1.56% or 0.770 to 50.150. Shares in Deutsche Telekom AG Na (DE:DTEGn) rose to 3-years highs; rising 0.99% or 0.163 to 16.655.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.95% to 19.16.

Gold Futures for April delivery was up 0.73% or 12.55 to $1743.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.40% or 0.26 to hit $64.54 a barrel, while the May Brent oil contract fell 0.58% or 0.40 to trade at $67.99 a barrel.

EUR/USD was up 0.67% to 1.1980, while EUR/GBP rose 0.18% to 0.8580.

The US Dollar Index Futures was down 0.52% at 91.398.

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

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.