Germany stocks mixed at close of trade; DAX up 0.08%

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

At the close in Frankfurt, the DAX gained 0.08%, while the MDAX index lost 1.64%, and the TecDAX index declined 1.10%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (ETR:DBKGn), which rose 8.18% or 0.78 points to trade at 10.28 at the close. Meanwhile, Symrise AG Inh. O.N. (ETR:SY1G) added 3.98% or 3.60 points to end at 94.12 and Hannover Rueck SE (ETR:HNRGn) was up 2.17% or 4.50 points to 211.40 in late trade.

The worst performers of the session were Zalando SE (ETR:ZALG), which fell 5.83% or 1.35 points to trade at 21.80 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 4.43% or 10.40 points to end at 224.50 and Deutsche Post AG NA O.N. (ETR:DHLn) was down 1.96% or 0.74 points to 36.78.

The top performers on the MDAX were Talanx AG NA O.N. (ETR:TLXGn) which rose 1.93% to 60.70, Nemetschek AG O.N. (ETR:NEKG) which was up 1.15% to settle at 68.50 and Deutsche Lufthansa AG (ETR:LHAG) which gained 1.12% to close at 6.76.

The worst performers were Delivery Hero AG (ETR:DHER) which was down 6.12% to 23.61 in late trade, HelloFresh SE (ETR:HFGG) which lost 5.44% to settle at 24.34 and Prosiebensat 1 Media AG (ETR:PSMGn) which was down 5.42% to 5.10 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (ETR:MORG) which rose 3.42% to 27.51, ADTRAN Holdingsa Inc (ETR:QH9) which was up 1.39% to settle at 6.42 and Deutsche Telekom AG Na (ETR:DTEGn) which gained 1.34% to close at 20.49.

The worst performers were Cancom SE O.N. (ETR:COKG) which was down 11.67% to 21.64 in late trade, United Internet AG NA (ETR:UTDI) which lost 5.34% to settle at 19.33 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 4.43% to 224.50 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 423 to 220 and 92 ended unchanged.

Shares in Sartorius AG VZO O.N. (ETR:SATG_p) fell to 3-years lows; down 4.43% or 10.40 to 224.50. Shares in Delivery Hero AG (ETR:DHER) fell to all time lows; losing 6.12% or 1.54 to 23.61. Shares in Prosiebensat 1 Media AG (ETR:PSMGn) fell to 5-year lows; down 5.42% or 0.29 to 5.10. Shares in Cancom SE O.N. (ETR:COKG) fell to 5-year lows; falling 11.67% or 2.86 to 21.64. Shares in Sartorius AG VZO O.N. (ETR:SATG_p) fell to 3-years lows; down 4.43% or 10.40 to 224.50.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.23% to 19.24.

Gold Futures for December delivery was up 0.39% or 7.80 to $1,993.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.59% or 0.49 to hit $84.23 a barrel, while the December Brent oil contract rose 0.87% or 0.77 to trade at $88.84 a barrel.

EUR/USD was unchanged 0.09% to 1.06, while EUR/GBP unchanged 0.10% to 0.87.

The US Dollar Index Futures was up 0.12% at 106.21.