Germany stocks mixed at close of trade; DAX down 0.51%

Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Food&Beverages, Utilities and Financial Services sectors led shares higher while losses in the Construction, Transportation&Logistics and Technology sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.51%, while the MDAX index declined 0.44%, and the TecDAX index added 0.31%.

The best performers of the session on the DAX were Qiagen NV (ETR:QIA), which rose 3.36% or 1.37 points to trade at 42.10 at the close. Meanwhile, Bayerische Motoren Werke AG (ETR:BMWG) added 2.75% or 2.78 points to end at 103.80 and Deutsche Boerse AG (ETR:DB1Gn) was up 1.73% or 3.00 points to 176.15 in late trade.

The worst performers of the session were Mercedes Benz Group AG (ETR:MBGn), which fell 7.39% or 5.19 points to trade at 65.06 at the close. Zalando SE (ETR:ZALG) declined 7.02% or 2.46 points to end at 32.59 and MTU Aero Engines NA O.N. (ETR:MTXGn) was down 3.54% or 8.40 points to 229.20.

The top performers on the MDAX were Delivery Hero AG (ETR:DHER) which rose 4.15% to 39.44, Rational AG (ETR:RAAG) which was up 3.78% to settle at 687.00 and Aixtron SE (ETR:AIXGn) which gained 3.28% to close at 26.77.

The worst performers were RTL Group SA (ETR:RRTL) which was down 6.26% to 38.66 in late trade, Hensoldt Ag (ETR:HAGG) which lost 6.00% to settle at 31.62 and Fraport AG (ETR:FRAG) which was down 4.90% to 45.43 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (ETR:MORG) which rose 8.86% to 20.14, Software AG (ETR:SOWGn) which was up 5.83% to settle at 35.24 and SMA Solar Technology AG (ETR:S92G) which gained 3.89% to close at 101.40.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 6.00% to 31.62 in late trade, TeamViewer AG (ETR:TMV) which lost 2.16% to settle at 14.71 and Infineon Technologies AG NA O.N. (ETR:IFXGn) which was down 1.81% to 32.75 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 418 to 249 and 79 ended unchanged.

Shares in Rational AG (ETR:RAAG) rose to 52-week highs; up 3.78% or 25.00 to 687.00. Shares in Software AG (ETR:SOWGn) rose to 52-week highs; up 5.83% or 1.94 to 35.24.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.20% to 20.32 a new 1-month high.

Gold Futures for June delivery was up 1.07% or 21.75 to $2,058.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.50% or 0.34 to hit $68.94 a barrel, while the July Brent oil contract rose 0.76% or 0.55 to trade at $72.88 a barrel.

EUR/USD was unchanged 0.29% to 1.10, while EUR/GBP unchanged 0.49% to 0.88.

The US Dollar Index Futures was down 0.05% at 101.07.