Germany stocks mixed at close of trade; DAX down 0.60%
Investing.com
Published Mar 21, 2022 02:15PM ET
Germany stocks mixed at close of trade; DAX down 0.60%
Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Food & Beverages, Media and Insurance sectors led shares higher while losses in the Retail, Construction and Financial Services sectors led shares lower.
At the close in Frankfurt, the DAX lost 0.60%, while the MDAX index gained 0.24%, and the TecDAX index fell 0.56%.
The best performers of the session on the DAX were Hannover Rueck SE (DE:HNRGn), which rose 4.01% or 5.75 points to trade at 149.10 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 2.03% or 1.54 points to end at 77.44 and MTU Aero Engines NA O.N. (DE:MTXGn) was up 1.33% or 2.80 points to 213.50 in late trade.
The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 7.45% or 3.35 points to trade at 41.59 at the close. Vonovia SE (DE:VNAn) declined 4.57% or 2.09 points to end at 43.68 and Zalando SE (DE:ZALG) was down 3.61% or 1.85 points to 49.45.
The top performers on the MDAX were Rheinmetall AG (DE:RHMG) which rose 9.38% to 185.40, K&S AG (DE:SDFGn) which was up 8.91% to settle at 27.62 and Aurubis AG (DE:NAFG) which gained 4.84% to close at 113.75.
The worst performers were Grand City Properties SA (DE:GYC) which was down 4.62% to 19.42 in late trade, LEG Immobilien AG (DE:LEGn) which lost 4.06% to settle at 107.60 and Deutsche Wohnen AG (DE:DWNG) which was down 3.75% to 32.86 at the close.
The top performers on the TecDAX were S&T AG (DE:SANT1) which rose 7.36% to 15.60, Bechtle AG (DE:BC8G) which was up 4.74% to settle at 50.56 and United Internet AG NA (DE:UTDI) which gained 2.42% to close at 30.94.
The worst performers were Eckert & Ziegler AG O.N. (DE:EUZG) which was down 3.14% to 58.70 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.00% to settle at 15.84 and Carl Zeiss Meditec AG (DE:AFXG) which was down 2.96% to 149.10 at the close.
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Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 352 to 342 and 73 ended unchanged.
Shares in Rheinmetall AG (DE:RHMG) rose to all time highs; rising 9.38% or 15.90 to 185.40. Shares in K&S AG (DE:SDFGn) rose to 5-year highs; up 8.91% or 2.26 to 27.62. Shares in LEG Immobilien AG (DE:LEGn) fell to 52-week lows; down 4.06% or 4.55 to 107.60. Shares in Aurubis AG (DE:NAFG) rose to all time highs; up 4.84% or 5.25 to 113.75. Shares in Deutsche Wohnen AG (DE:DWNG) fell to 52-week lows; falling 3.75% or 1.28 to 32.86.
The DAX volatility index, which measures the implied volatility of DAX options, was down 7.66% to 28.95 a new 1-month low.
Gold Futures for April delivery was up 0.13% or 2.60 to $1,931.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 5.92% or 6.10 to hit $109.19 a barrel, while the May Brent oil contract rose 6.62% or 7.15 to trade at $115.08 a barrel.
EUR/USD was unchanged 0.27% to 1.10, while EUR/GBP unchanged 0.17% to 0.84.
The US Dollar Index Futures was up 0.25% at 98.48.
Written By: Investing.com
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