Germany stocks mixed at close of trade; DAX down 0.07%

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

At the close in Frankfurt, the DAX declined 0.07%, while the MDAX index climbed 0.72%, and the TecDAX index added 0.15%.

The best performers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 2.89% or 0.32 points to trade at 11.41 at the close. Meanwhile, Fresenius SE&Co KGAA O.N. (ETR:FREG) added 2.52% or 0.70 points to end at 28.49 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 2.11% or 0.25 points to 12.30 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (ETR:DHLn), which fell 1.93% or 0.88 points to trade at 44.87 at the close. SAP SE (ETR:SAPG) declined 1.46% or 2.06 points to end at 139.20 and Airbus Group SE (ETR:AIRG) was down 1.42% or 1.98 points to 137.92.

The top performers on the MDAX were United Internet AG NA (ETR:UTDI) which rose 11.54% to 22.71, Gerresheimer AG (ETR:GXIG) which was up 4.35% to settle at 94.85 and SMA Solar Technology AG (ETR:S92G) which gained 3.87% to close at 56.35.

The worst performers were Delivery Hero AG (ETR:DHER) which was down 3.13% to 28.80 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 1.20% to settle at 79.12 and HelloFresh SE (ETR:HFGG) which was down 1.20% to 14.46 at the close.

The top performers on the TecDAX were United Internet AG NA (ETR:UTDI) which rose 11.54% to 22.71, Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was up 5.20% to settle at 28.93 and SMA Solar Technology AG (ETR:S92G) which gained 3.87% to close at 56.35.

The worst performers were SAP SE (ETR:SAPG) which was down 1.46% to 139.20 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 1.20% to settle at 79.12 and Nordex SE O.N. (ETR:NDXG) which was down 1.19% to 9.81 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 375 to 258 and 31 ended unchanged.

Shares in United Internet AG NA (ETR:UTDI) rose to 52-week highs; gaining 11.54% or 2.35 to 22.71. Shares in United Internet AG NA (ETR:UTDI) rose to 52-week highs; up 11.54% or 2.35 to 22.71.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.08% to 12.76.

Gold Futures for February delivery was down 0.20% or 4.05 to $2,048.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.99% or 0.73 to hit $74.67 a barrel, while the February Brent oil contract rose 0.92% or 0.73 to trade at $79.96 a barrel.

EUR/USD was unchanged 0.23% to 1.10, while EUR/GBP unchanged 0.36% to 0.87.

The US Dollar Index Futures was up 0.14% at 101.93.