Germany stocks mixed at close of trade; DAX up 0.34%

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

At the close in Frankfurt, the DAX added 0.34%, while the MDAX index gained 0.32%, and the TecDAX index declined 0.72%.

The best performers of the session on the DAX were Siemens AG Class N (ETR:SIEGn), which rose 2.55% or 3.82 points to trade at 153.42 at the close. Meanwhile, Covestro AG (ETR:1COV) added 2.02% or 0.79 points to end at 39.82 and Airbus Group SE (ETR:AIRG) was up 1.71% or 2.16 points to 128.38 in late trade.

The worst performers of the session were Commerzbank AG O.N. (ETR:CBKG), which fell 3.80% or 0.38 points to trade at 9.51 at the close. Deutsche Boerse AG (ETR:DB1Gn) declined 3.70% or 6.35 points to end at 165.15 and Symrise AG Inh. O.N. (ETR:SY1G) was down 2.93% or 3.15 points to 104.50.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 6.80% to 6.84, Fraport AG (ETR:FRAG) which was up 4.83% to settle at 49.28 and Siltronic AG (ETR:WAFGn) which gained 3.61% to close at 63.15.

The worst performers were Freenet AG NA (ETR:FNTGn) which was down 3.90% to 25.14 in late trade, Telefonica Deutschland Holding AG (ETR:O2Dn) which lost 2.94% to settle at 2.97 and Fresenius Medical Care KGAA ST (ETR:FMEG) which was down 2.54% to 42.95 at the close.

The top performers on the TecDAX were Siltronic AG (ETR:WAFGn) which rose 3.61% to 63.15, Nagarro SE (ETR:NA9n) which was up 2.25% to settle at 84.25 and Atoss Software AG (ETR:AOFG) which gained 1.76% to close at 196.20.

The worst performers were Freenet AG NA (ETR:FNTGn) which was down 3.90% to 25.14 in late trade, Telefonica Deutschland Holding AG (ETR:O2Dn) which lost 2.94% to settle at 2.97 and Suse SA (ETR:SUSEG) which was down 2.71% to 12.91 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 343 to 319 and 89 ended unchanged.

Shares in Siemens AG Class N (ETR:SIEGn) rose to 52-week highs; rising 2.55% or 3.82 to 153.42. Shares in Atoss Software AG (ETR:AOFG) rose to 52-week highs; rising 1.76% or 3.40 to 196.20. Shares in Suse SA (ETR:SUSEG) fell to all time lows; losing 2.71% or 0.36 to 12.91.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.35% to 17.24.

Gold Futures for June delivery was down 0.40% or 7.90 to $1,985.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.74% or 1.94 to hit $72.80 a barrel, while the July Brent oil contract rose 2.63% or 1.97 to trade at $76.88 a barrel.

EUR/USD was unchanged 0.16% to 1.08, while EUR/GBP unchanged 0.31% to 0.87.

The US Dollar Index Futures was up 0.23% at 102.64.