Germany stocks mixed at close of trade; DAX down 0.53%

Aug 01, 2018

Germany stocks were mixed after the close on Wednesday, as gains in the Pharmaceuticals&Healthcare, Retail and Consumer&Cyclical sectors led shares higher while losses in the Technology, Utilities and Construction sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.53%, while the MDAX index fell 0.04%, and the TecDAX index climbed 0.56%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 1.56% or 1.300 points to trade at 84.840 at the close. Meanwhile, Henkel&Co KGaA AG Pref (DE:HNKG_p) added 1.35% or 1.45 points to end at 108.70 and Merck KGaA (DE:MRCG) was up 1.32% or 1.16 points to 89.04 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 3.69% or 5.62 points to trade at 146.60 at the close. Continental AG O.N. (DE:CONG) declined 3.63% or 7.15 points to end at 189.85 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 3.09% or 0.700 points to 21.960.

The top performers on the MDAX were Metro AG (DE:MEOG) which rose 3.16% to 7.246, Osram Licht AG (DE:OSRn) which was up 2.93% to settle at 39.30 and Rocket Internet (DE:RKET) which gained 2.09% to close at 30.34.

The worst performers were Schaeffler AG Pref (DE:SHA_p) which was down 5.08% to 11.12 in late trade, Leoni AG (DE:LEOGn) which lost 3.53% to settle at 42.030 and Hella KGaA Hueck&Co (DE:HLE) which was down 2.68% to 49.00 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 8.32% to 16.070, Qiagen NV (DE:QIA) which was up 4.82% to settle at 32.485 and Carl Zeiss Meditec AG (DE:AFXG) which gained 2.18% to close at 67.900.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 5.43% to 34.160 in late trade, SLM Solutions Group AG (DE:AM3D) which lost 2.83% to settle at 24.00 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 2.71% to 136.60 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 423 to 293 and 62 ended unchanged.

Shares in Qiagen NV (DE:QIA) rose to all time highs; gaining 4.82% or 1.495 to 32.485. Shares in SLM Solutions Group AG (DE:AM3D) fell to 52-week lows; down 2.83% or 0.70 to 24.00. Shares in Carl Zeiss Meditec AG (DE:AFXG) rose to all time highs; up 2.18% or 1.450 to 67.900.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.48% to 15.59.

Gold Futures for August delivery was down 0.49% or 6.00 to $1217.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.51% or 1.04 to hit $67.72 a barrel, while the October Brent oil contract fell 2.05% or 1.52 to trade at $72.69 a barrel.

EUR/USD was down 0.22% to 1.1666, while EUR/GBP fell 0.17% to 0.8894.

The US Dollar Index Futures was up 0.13% at 94.45.