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Germany stocks mixed at close of trade; DAX up 0.03%

Published 12/21/2016, 12:15 PM
Updated 12/21/2016, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.03%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Food & Beverages, Basic Resources and Construction sectors led shares higher while losses in the Telecoms, Software and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX added 0.03% to hit a new 52-week high, while the MDAX index added 0.51%, and the TecDAX index lost 0.03%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 1.87% or 2.550 points to trade at 138.800 at the close. Meanwhile, Linde AG O.N. (DE:LING) added 1.21% or 1.900 points to end at 158.900 and Vonovia SE (DE:VNAn) was up 0.73% or 0.22 points to 30.32 in late trade.

The worst performers of the session were Deutsche Boerse AG Z.UMT. (DE:DB11), which fell 1.43% or 1.15 points to trade at 79.01 at the close. Adidas AG (DE:ADSGN) declined 0.96% or 1.400 points to end at 144.750 and Lufthansa AG VNA O.N. (DE:LHAG) was down 0.74% or 0.095 points to 12.680.

The top performers on the MDAX were Suedzucker AG (DE:SZUG) which rose 4.07% to 23.025, Norma Group AG NA O.N. (DE:NOEJ) which was up 3.00% to settle at 39.805 and Bilfinger SE O.N. (DE:GBFG) which gained 2.90% to close at 37.115.

The worst performers were Airbus Group SE (F:AIRG) which was down 1.29% to 62.941 in late trade, Deutsche Pfandbriefbank AG (DE:PBBG) which lost 0.81% to settle at 9.04 and Evonik Industries AG (DE:EVKn) which was down 0.56% to 28.520 at the close.

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The top performers on the TecDAX were Alix Resources Corp (F:37N2) which rose 3.12% to 0.033, Evotec AG O.N. (DE:EVTG) which was up 2.75% to settle at 7.060 and STRATEC Biomedical AG (DE:SBSG) which gained 2.06% to close at 46.005.

The worst performers were Wirecard AG (DE:WDIG) which was down 1.84% to 40.295 in late trade, Adva Optical Networking SE (DE:ADAG) which lost 1.28% to settle at 7.690 and SMA Solar Technology AG (DE:S92G) which was down 1.18% to 24.610 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 389 to 372 and 30 ended unchanged.

Shares in Volkswagen AG VZO O.N. (DE:VOWG_p) rose to 52-week highs; up 1.87% or 2.550 to 138.800.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.29% to 14.98.

Gold for February delivery was down 0.03% or 0.35 to $1133.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.47% or 0.25 to hit $53.05 a barrel, while the February Brent oil contract fell 0.61% or 0.34 to trade at $55.01 a barrel.

EUR/USD was up 0.44% to 1.0435, while EUR/GBP rose 0.62% to 0.8451.

The US Dollar Index was down 0.27% at 102.98.

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