Germany shares mixed at close of trade; DAX up 0.34%

Source Investing

Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the Food&Beverages, Software and Technology sectors propelled shares higher while losses in the Construction, Media and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.34%, while the MDAX index lost 0.24%, and the TecDAX index climbed 0.31%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (ETR:CBKG), which rose 16.55% or 2.09 points to trade at 14.69 at the close. Bayerische Motoren Werke AG (ETR:BMWG) added 3.04% or 2.10 points to end at 71.08 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was up 2.39% or 1.56 points to 66.78 in late trade.

Biggest losers included Bayer AG NA (ETR:BAYGN), which lost 2.19% or 0.61 points to trade at 27.01 in late trade. Deutsche Bank AG NA O.N. (ETR:DBKGn) declined 1.81% or 0.26 points to end at 14.03 and Zalando SE (ETR:ZALG) shed 1.39% or 0.30 points to 21.32.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 14.65% to 7.70, Nordex SE O.N. (ETR:NDXG) which was up 2.17% to settle at 14.10 and Kion Group AG (ETR:KGX) which gained 1.53% to close at 31.11.

The worst performers were Scout24 AG (ETR:G24n) which was down 2.72% to 71.40 in late trade, Aixtron SE (ETR:AIXGn) which lost 2.15% to settle at 15.02 and Redcare Pharmacy NV (ETR:RDC) which was down 1.93% to 116.70 at the close.

The top performers on the TecDAX were PNE Wind AG (ETR:PNEGn) which rose 2.57% to 11.16, Nordex SE O.N. (ETR:NDXG) which was up 2.17% to settle at 14.10 and SUSS MicroTec SE (ETR:SMHNn) which gained 1.90% to close at 53.60.

The worst performers were Atoss Software AG (ETR:AOFG) which was down 2.35% to 116.20 in late trade, Aixtron SE (ETR:AIXGn) which lost 2.15% to settle at 15.02 and CompuGroup Medical AG O.N. (ETR:COP1n) which was down 1.37% to 13.70 at the close.

Declining stocks outnumbered rising ones by 369 to 235 and 43 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.37% to 17.82.

In commodities trading, Gold Futures for December delivery was up 0.01% or 0.25 to $2,543.35 a troy ounce. Meanwhile, Crude oil for delivery in October rose 2.11% or 1.39 to hit $67.14 a barrel, while the November Brent oil contract rose 1.66% or 1.15 to trade at $70.34 a barrel.

EUR/USD was unchanged 0.04% to 1.10, while EUR/GBP unchanged 0.31% to 0.85.

The US Dollar Index Futures was up 0.07% at 101.67.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold declines as Trump scraps Iran memorandum, markets await Fed minutesGold (XAU/USD) trades around $4,050 on Wednesday, down 1.40% on the day at the time of writing, as investors favor the US Dollar (USD) following a fresh deterioration in tensions between the United States (US) and Iran.
Author  FXStreet
12 hours ago
Gold (XAU/USD) trades around $4,050 on Wednesday, down 1.40% on the day at the time of writing, as investors favor the US Dollar (USD) following a fresh deterioration in tensions between the United States (US) and Iran.
placeholder
WTI Crude Oil Price Forecast: US-Iran Situation Worsens, Oil Prices Expected to Rise to $80 As of the Asian session on July 8, WTI ( USOIL) crude oil prices rose to around $72, rebounding significantly from previous trading sessions. From a technical perspective, oil prices had
Author  TradingKey
13 hours ago
As of the Asian session on July 8, WTI ( USOIL) crude oil prices rose to around $72, rebounding significantly from previous trading sessions. From a technical perspective, oil prices had
placeholder
Trump Says US-Iran Temporary Ceasefire Agreement Has Ended, WTI Crude Oil Rises Over 6%US President Trump stated at the NATO annual summit on July 8 that he believes the US-Iran memorandum of understanding is "over." This means the temporary ceasefire state between the two
Author  TradingKey
13 hours ago
US President Trump stated at the NATO annual summit on July 8 that he believes the US-Iran memorandum of understanding is "over." This means the temporary ceasefire state between the two
placeholder
US President Trump: I think MoU with Iran is overUnited States (US) President Donald Trump said during European trading hours on Wednesday that the memorandum of understanding (MoU) with Iran, aimed at ending the war in the Middle East, is over.
Author  FXStreet
14 hours ago
United States (US) President Donald Trump said during European trading hours on Wednesday that the memorandum of understanding (MoU) with Iran, aimed at ending the war in the Middle East, is over.
placeholder
WTI spikes following fresh US airstrikes on IranWest Texas Intermediate (WTI) oil price continues to advance after registering nearly 5% gains in the previous day, trading around $72.20 per barrel during the Asian hours on Wednesday.
Author  FXStreet
21 hours ago
West Texas Intermediate (WTI) oil price continues to advance after registering nearly 5% gains in the previous day, trading around $72.20 per barrel during the Asian hours on Wednesday.
goTop
quote