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
US Dollar Index Price Forecast: DXY eyes 99.75 confluence hurdle amid Fed bets, Iran risksThe US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains positive traction on Tuesday and climbs back above the mid-99.00s during the first half of the European session.
Author  FXStreet
7 hours ago
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains positive traction on Tuesday and climbs back above the mid-99.00s during the first half of the European session.
placeholder
WTI holds above $85.50 as Middle East risks tighten global supplyWest Texas Intermediate (WTI) oil price gains ground for the second successive day, trading around $85.60 per barrel during the Asian hours on Tuesday.
Author  FXStreet
16 hours ago
West Texas Intermediate (WTI) oil price gains ground for the second successive day, trading around $85.60 per barrel during the Asian hours on Tuesday.
placeholder
Crude Oil Price Forecast: US-Iran Conflict Escalates Again, Will Brent Continue to Rise After Breaking $90? The US and Iran exchanged direct fire again after more than a month, rapidly escalating shipping risks in the Strait of Hormuz and pushing international oil prices back above $90 a barrel
Author  TradingKey
Aug 31, Mon
The US and Iran exchanged direct fire again after more than a month, rapidly escalating shipping risks in the Strait of Hormuz and pushing international oil prices back above $90 a barrel
placeholder
Gold Price Forecast: Can Gold Keep Rising as Fed Rate Hike Expectations Heat Up and US-Iran Conflict Escalates? As of the Asian session on August 31, gold prices today (XAUUSD) extended last Friday's decline, briefly falling below $4,400 during intraday trading to hit a low of $4,396.36. Last Frida
Author  TradingKey
Aug 31, Mon
As of the Asian session on August 31, gold prices today (XAUUSD) extended last Friday's decline, briefly falling below $4,400 during intraday trading to hit a low of $4,396.36. Last Frida
placeholder
Today’s Market Recap: Escalating US-Iran Conflict Pushes Oil Past $90, Warsh's Hawkish Remarks Boost Fed Rate-Hike Expectations, August Nonfarm Payrolls in Focus This WeekTracking Market TrendsTradingKey - On August 28, Eastern Time, the three major U.S. stock indexes closed lower across the board. Remarks by Federal Reserve Chairman Warsh at the Jackson Hole symposium
Author  TradingKey
Aug 31, Mon
Tracking Market TrendsTradingKey - On August 28, Eastern Time, the three major U.S. stock indexes closed lower across the board. Remarks by Federal Reserve Chairman Warsh at the Jackson Hole symposium
goTop
quote