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

Published 02/02/2017, 12:15 PM
Updated 02/02/2017, 12:15 PM
Germany stocks mixed at close of trade; DAX down 0.27%

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

At the close in Frankfurt, the DAX fell 0.27%, while the MDAX index added 0.20%, and the TecDAX index gained 0.41%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 2.33% or 0.400 points to trade at 17.550 at the close. Meanwhile, SAP SE (DE:SAPG) added 1.55% or 1.300 points to end at 85.400 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was up 1.35% or 1.500 points to 113.000 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 5.21% or 1.000 points to trade at 18.180 at the close. Siemens AG (DE:SIEGn) declined 3.18% or 3.900 points to end at 118.900 and Daimler AG NA O.N. (DE:DAIGn) was down 2.74% or 1.920 points to 68.100.

The top performers on the MDAX were Salzgitter AG (DE:SZGG) which rose 3.91% to 37.355, Wacker Chemie O.N. (DE:WCHG) which was up 2.06% to settle at 111.400 and Hannover Rueck SE (DE:HNRGn) which gained 2.01% to close at 103.950.

The worst performers were Rheinmetall AG (DE:RHMG) which was down 1.33% to 68.850 in late trade, Hella KGaA Hueck & Co (DE:HLE) which lost 1.01% to settle at 37.85 and Leoni AG (DE:LEOGn) which was down 0.95% to 37.395 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 4.14% to 12.565, Adva Optical Networking SE (DE:ADAG) which was up 2.04% to settle at 7.951 and Cancom SE O.N. (DE:COKG) which gained 1.92% to close at 44.615.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 1.86% to 19.750 in late trade, Evotec AG O.N. (DE:EVTG) which lost 1.47% to settle at 7.110 and Xing AG (DE:OBCGn) which was down 1.46% to 179.000 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 384 to 369 and 20 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; up 2.33% or 0.400 to 17.550. Shares in SAP SE (DE:SAPG) rose to all time highs; gaining 1.55% or 1.300 to 85.400. Shares in Salzgitter AG (DE:SZGG) rose to 3-years highs; rising 3.91% or 1.405 to 37.355.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.01% to 15.96.

Gold Futures for April delivery was up 0.80% or 9.70 to $1218.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.15% or 0.08 to hit $53.80 a barrel, while the April Brent oil contract rose 0.09% or 0.05 to trade at $56.85 a barrel.

EUR/USD was up 0.26% to 1.0797, while EUR/GBP rose 1.19% to 0.8608.

The US Dollar Index Futures was down 0.13% at 99.56.

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