Germany stocks mixed at close of trade; DAX up 0.19%

Sep 13, 2018

Germany stocks were mixed after the close on Thursday, as gains in the Food&Beverages, Technology and Chemicals sectors led shares higher while losses in the Retail, Financial Services and Software sectors led shares lower.

At the close in Frankfurt, the DAX added 0.19%, while the MDAX index fell 0.60%, and the TecDAX index lost 0.80%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.48% or 0.650 points to trade at 19.355 at the close. Meanwhile, Commerzbank AG O.N. (DE:CBKG) added 2.46% or 0.210 points to end at 8.750 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.98% or 0.189 points to 9.720 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 2.35% or 2.10 points to trade at 87.34 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 1.99% or 0.385 points to end at 18.930 and Vonovia SE (DE:VNAn) was down 1.60% or 0.70 points to 43.06.

The top performers on the MDAX were Jungheinrich AG O.N.VZO (DE:JUNG_p) which rose 5.21% to 31.500, Leoni AG (DE:LEOGn) which was up 2.45% to settle at 34.640 and Schaeffler AG Pref (DE:SHA_p) which gained 2.35% to close at 10.87.

The worst performers were Gerresheimer AG (DE:GXIG) which was down 5.39% to 75.500 in late trade, Delivery Hero AG (DE:DHER) which lost 3.18% to settle at 45.00 and Puma SE (DE:PUMG) which was down 3.02% to 433.00 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 4.76% to 19.700, Drillisch AG (DE:DRIG) which was up 1.73% to settle at 41.100 and SMA Solar Technology AG (DE:S92G) which gained 1.73% to close at 27.100.

The worst performers were Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.85% to 146.700 in late trade, Wirecard AG (DE:WDIG) which lost 2.80% to settle at 180.700 and Medigene NA O.N. (DE:MDG1k) which was down 2.38% to 12.740 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 361 to 316 and 102 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.66% to 15.44.

Gold Futures for December delivery was down 0.30% or 3.60 to $1207.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.42% or 1.70 to hit $68.67 a barrel, while the November Brent oil contract fell 1.78% or 1.42 to trade at $78.32 a barrel.

EUR/USD was up 0.39% to 1.1671, while EUR/GBP fell 0.06% to 0.8906.

The US Dollar Index Futures was down 0.19% at 94.64.