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Germany stocks mixed at close of trade; DAX up 0.51%

Published 09/18/2018, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.51%

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

At the close in Frankfurt, the DAX gained 0.51%, while the MDAX index lost 0.12%, and the TecDAX index added 0.12%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 2.60% or 3.76 points to trade at 148.24 at the close. Meanwhile, Thyssenkrupp AG O.N. (DE:TKAG) added 2.26% or 0.435 points to end at 19.680 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.41% or 0.275 points to 19.840 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 0.73% or 1.10 points to trade at 150.00 at the close. Fresenius Medical Care KGAA ST (DE:FMEG) declined 0.72% or 0.640 points to end at 88.100 and Beiersdorf AG O.N. (DE:BEIG) was down 0.61% or 0.600 points to 97.440.

The top performers on the MDAX were Osram Licht AG (DE:OSRn) which rose 5.87% to 38.25, Deutsche Pfandbriefbank AG (DE:PBBG) which was up 3.69% to settle at 12.92 and Norma Group AG NA O.N. (DE:NOEJ) which gained 2.92% to close at 58.150.

The worst performers were Zalando SE (DE:ZALG) which was down 13.20% to 36.37 in late trade, Schaeffler AG Pref (DE:SHA_p) which lost 2.98% to settle at 10.74 and Stroeer SE (DE:SAXG) which was down 1.89% to 49.740 at the close.

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The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 3.37% to 153.400, Nordex SE O.N. (DE:NDXG) which was up 3.06% to settle at 9.310 and Siltronic AG (DE:WAFGn) which gained 2.33% to close at 107.500.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 7.01% to 20.420 in late trade, Morphosys AG O.N. (DE:MORG) which lost 2.53% to settle at 94.250 and Jenoptik AG (DE:JENGn) which was down 1.72% to 31.980 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 417 to 267 and 95 ended unchanged.

Shares in Zalando SE (DE:ZALG) fell to 52-week lows; losing 13.20% or 5.53 to 36.37. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; up 3.37% or 5.000 to 153.400.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.93% to 14.95.

Gold Futures for December delivery was down 0.16% or 1.90 to $1203.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.08% or 0.74 to hit $69.42 a barrel, while the November Brent oil contract rose 1.01% or 0.79 to trade at $78.84 a barrel.

EUR/USD was up 0.04% to 1.1688, while EUR/GBP unchanged 0.00% to 0.8880.

The US Dollar Index Futures was down 0.01% at 94.08.

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