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Germany stocks mixed at close of trade; DAX up 0.17%

Published 01/10/2017, 12:15 PM
Updated 01/10/2017, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.17%

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

At the close in Frankfurt, the DAX rose 0.17%, while the MDAX index gained 0.04%, and the TecDAX index fell 0.31%.

The best performers of the session on the DAX were Continental AG O.N. (DE:CONG), which rose 2.68% or 5.000 points to trade at 191.900 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 2.45% or 1.840 points to end at 76.950 and Thyssenkrupp AG O.N. (DE:TKAG) was up 1.93% or 0.435 points to 22.925 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 2.43% or 0.440 points to trade at 17.660 at the close. Deutsche Telekom AG Na (DE:DTEGn) declined 0.88% or 0.145 points to end at 16.245 and Bayer AG NA (DE:BAYGN) was down 0.84% or 0.850 points to 100.850.

The top performers on the MDAX were Osram Licht AG (F:OSRn) which rose 3.37% to 51.443, Covestro AG (DE:1COV) which was up 3.25% to settle at 64.090 and Wacker Chemie O.N. (DE:WCHG) which gained 2.92% to close at 105.700.

The worst performers were Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was down 2.90% to 39.320 in late trade, Lanxess AG (DE:LXSG) which lost 2.14% to settle at 63.600 and Symrise AG Inh. O.N. (DE:SY1G) which was down 2.12% to 56.400 at the close.

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The top performers on the TecDAX were Alix Resources Corp (F:37N2) which rose 12.50% to 0.036, Siltronic AG (DE:WAFGn) which was up 5.16% to settle at 47.200 and Xing AG (DE:OBCGn) which gained 3.60% to close at 181.300.

The worst performers were S&T AG (F:SANT1) which was down 3.55% to 8.548 in late trade, Adva Optical Networking SE (DE:ADAG) which lost 1.92% to settle at 7.700 and Nemetschek AG O.N. (DE:NEKG) which was down 1.88% to 52.690 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 393 to 368 and 23 ended unchanged.

Shares in Wacker Chemie O.N. (DE:WCHG) rose to 52-week highs; gaining 2.92% or 3.000 to 105.700. Shares in Siltronic AG (DE:WAFGn) rose to all time highs; rising 5.16% or 2.315 to 47.200.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.63% to 15.05.

Gold for February delivery was up 0.06% or 0.75 to $1185.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.90% or 0.47 to hit $51.49 a barrel, while the March Brent oil contract fell 1.13% or 0.62 to trade at $54.32 a barrel.

EUR/USD was down 0.09% to 1.0566, while EUR/GBP fell 0.14% to 0.8684.

The US Dollar Index was up 0.03% at 101.95.

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