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Germany stocks mixed at close of trade; DAX up 0.93%

Published 06/27/2018, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.93%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Industrials, Chemicals and Basic Resources sectors led shares higher while losses in the Food & Beverages, Media and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX added 0.93%, while the MDAX index climbed 0.62%, and the TecDAX index lost 0.88%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which rose 3.66% or 0.740 points to trade at 20.960 at the close. Meanwhile, Linde AG 1 (DE:LIN1) added 3.35% or 6.5500 points to end at 202.1000 and Covestro AG (DE:1COV) was up 2.34% or 1.700 points to 74.360 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 1.69% or 0.156 points to trade at 9.052 at the close. Commerzbank AG O.N. (DE:CBKG) declined 0.60% or 0.049 points to end at 8.137 and Continental AG O.N. (DE:CONG) was down 0.44% or 0.90 points to 202.20.

The top performers on the MDAX were Axel Springer SE (DE:SPRGn) which rose 3.67% to 63.600, Osram Licht AG (DE:OSRn) which was up 3.12% to settle at 42.00 and Wacker Chemie O.N. (DE:WCHG) which gained 2.98% to close at 112.20.

The worst performers were Gerresheimer AG (DE:GXIG) which was down 4.52% to 68.650 in late trade, CTS Eventim AG (DE:EVDG) which lost 3.35% to settle at 41.580 and Kion Group AG (DE:KGX) which was down 2.28% to 61.82 at the close.

The top performers on the TecDAX were Isra Vision O.N. (DE:ISRG) which rose 4.41% to 59.20, Jenoptik AG (DE:JENG) which was up 3.87% to settle at 33.840 and RIB Software AG Na (DE:RIB) which gained 3.87% to close at 18.800.

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The worst performers were Drillisch AG (DE:DRIG) which was down 9.09% to 52.000 in late trade, United Internet AG NA (DE:UTDI) which lost 7.98% to settle at 50.500 and Aixtron SE (DE:AIXGn) which was down 3.75% to 10.910 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 405 to 318 and 61 ended unchanged.

Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) fell to 5-year lows; losing 1.69% or 0.156 to 9.052. Shares in Commerzbank AG O.N. (DE:CBKG) fell to 52-week lows; down 0.60% or 0.049 to 8.137. Shares in Kion Group AG (DE:KGX) fell to 52-week lows; down 2.28% or 1.44 to 61.82. Shares in Drillisch AG (DE:DRIG) fell to 52-week lows; down 9.09% or 5.200 to 52.000.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.78% to 18.41.

Gold Futures for August delivery was down 0.31% or 3.90 to $1256.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 3.19% or 2.25 to hit $72.78 a barrel, while the September Brent oil contract rose 2.26% or 1.72 to trade at $77.86 a barrel.

EUR/USD was down 0.55% to 1.1584, while EUR/GBP rose 0.10% to 0.8816.

The US Dollar Index Futures was up 0.48% at 94.81.

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