Germany stocks mixed at close of trade; DAX down 0.05%

Investing.com

Published Apr 07, 2017 12:15PM ET

Germany stocks mixed at close of trade; DAX down 0.05%

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

At the close in Frankfurt, the DAX fell 0.05%, while the MDAX index climbed 0.38%, and the TecDAX index climbed 0.58%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 1.13% or 0.9800 points to trade at 88.0400 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 0.96% or 1.70 points to end at 178.30 and E.ON SE NA (DE:EONGn) was up 0.52% or 0.038 points to 7.390 in late trade.

The worst performers of the session were Lufthansa AG VNA O.N. (DE:LHAG), which fell 2.17% or 0.330 points to trade at 14.900 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 0.96% or 0.150 points to end at 15.530 and Commerzbank AG O.N. (DE:CBKG) was down 0.93% or 0.078 points to 8.292.

The top performers on the MDAX were Hella KGaA Hueck & Co (DE:HLE) which rose 2.70% to 41.69, Deutsche Wohnen AG Inh (DE:DWNG) which was up 2.42% to settle at 31.910 and Lanxess AG (DE:LXSG) which gained 1.56% to close at 64.300.

The worst performers were Zalando SE (DE:ZALG) which was down 1.21% to 39.07 in late trade, Evonik Industries AG (DE:EVKn) which lost 1.13% to settle at 30.150 and Osram Licht AG (F:OSRn) which was down 1.02% to 58.339 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 2.98% to 67.450, Evotec AG O.N. (DE:EVTG) which was up 2.47% to settle at 10.180 and GFT Technologies AG (DE:GFTG) which gained 2.14% to close at 18.100.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 1.11% to 12.455 in late trade, SMA Solar Technology AG (DE:S92G) which lost 1.06% to settle at 22.365 and Aixtron SE NA O.N. (DE:AIXGn) which was down 0.98% to 3.453 at the close.

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Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 414 to 318 and 27 ended unchanged.

Shares in Hella KGaA Hueck & Co (DE:HLE) rose to 52-week highs; up 2.70% or 1.09 to 41.69. Shares in Siltronic AG (DE:WAFGn) rose to all time highs; rising 2.98% or 1.950 to 67.450. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; up 2.47% or 0.245 to 10.180.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.27% to 17.84 a new 3-months high.

Gold Futures for June delivery was up 1.15% or 14.45 to $1267.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.01% or 0.52 to hit $52.22 a barrel, while the June Brent oil contract rose 0.69% or 0.38 to trade at $55.27 a barrel.

EUR/USD was down 0.25% to 1.0617, while EUR/GBP rose 0.28% to 0.8562.

The US Dollar Index Futures was up 0.20% at 100.81.

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