Germany stocks mixed at close of trade; DAX up 0.14%

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

At the close in Frankfurt, the DAX rose 0.14% to hit a new all time high, while the MDAX index fell 0.21%, and the TecDAX index fell 0.67%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 19.16% or 3.67 points to trade at 22.82 at the close. Meanwhile, E.ON SE (ETR:EONGn) added 6.01% or 0.71 points to end at 12.52 and Adidas AG (ETR:ADSGN) was up 3.84% or 7.41 points to 200.15 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (ETR:VOWG_p), which fell 5.89% or 7.12 points to trade at 113.76 at the close. Dr Ing hc F Porsche AG Preferred (ETR:P911_p) declined 4.21% or 3.78 points to end at 86.04 and Deutsche Boerse AG (ETR:DB1Gn) was down 2.89% or 5.50 points to 185.10.

The top performers on the MDAX were Lanxess AG (ETR:LXSG) which rose 3.57% to 26.14, Aurubis AG (ETR:NAFG) which was up 2.96% to settle at 63.22 and Hensoldt Ag (ETR:HAGG) which gained 1.93% to close at 33.72.

The worst performers were Redcare Pharmacy NV (ETR:RDC) which was down 4.06% to 127.60 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 3.21% to settle at 57.20 and Jenoptik AG (ETR:JENGn) which was down 2.40% to 28.48 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 1.93% to 33.72, Nordex SE O.N. (ETR:NDXG) which was up 0.42% to settle at 12.05 and Morphosys AG O.N. (ETR:MORG) which gained 0.30% to close at 66.30.

The worst performers were ADTRAN Holdingsa Inc (ETR:QH9) which was down 7.59% to 5.06 in late trade, Verbio Vereinigte Bioenergie AG (ETR:VBKG) which lost 3.36% to settle at 17.28 and SMA Solar Technology AG (ETR:S92G) which was down 3.21% to 57.20 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 312 to 301 and 37 ended unchanged.

Shares in Adidas AG (ETR:ADSGN) rose to 52-week highs; up 3.84% or 7.41 to 200.15. Shares in Verbio Vereinigte Bioenergie AG (ETR:VBKG) fell to 3-years lows; losing 3.36% or 0.60 to 17.28. Shares in Morphosys AG O.N. (ETR:MORG) rose to 52-week highs; rising 0.30% or 0.20 to 66.30.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.09% to 12.63.

Gold Futures for April delivery was up 0.69% or 14.95 to $2,181.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.66% or 2.06 to hit $79.62 a barrel, while the May Brent oil contract rose 2.39% or 1.96 to trade at $83.88 a barrel.

EUR/USD was unchanged 0.27% to 1.10, while EUR/GBP unchanged 0.19% to 0.86.

The US Dollar Index Futures was down 0.20% at 102.34.