Germany stocks mixed at close of trade; DAX down 0.30%

Germany stocks mixed at close of trade; DAX down 0.30%

© Reuters.  Germany stocks mixed at close of trade; DAX down 0.30% © Reuters. Germany stocks mixed at close of trade; DAX down 0.30%

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Chemicals, Technology and Consumer & Cyclical sectors led shares higher while losses in the Utilities, Insurance and Media sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.30%, while the MDAX index lost 0.16%, and the TecDAX index climbed 0.04%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 2.62% or 1.200 points to trade at 47.040 at the close. Meanwhile, Linde PLC (DE:LINI) added 2.26% or 4.600 points to end at 208.100 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.76% or 0.518 points to 29.948 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 1.80% or 2.10 points to trade at 114.35 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.60% or 0.156 points to end at 9.586 and RWE AG ST O.N. (DE:RWEG) was down 1.44% or 0.490 points to 33.655.

The top performers on the MDAX were K+S AG NA O.N. (DE:SDFGn) which rose 6.36% to 8.358, Kion Group AG (DE:KGX) which was up 2.92% to settle at 69.78 and Aroundtown Property Holdings PLC (DE:AT1) which gained 2.95% to close at 6.278.

The worst performers were Varta AG (DE:VAR1) which was down 3.10% to 106.300 in late trade, Morphosys AG O.N. (DE:MORG) which lost 2.85% to settle at 91.170 and Commerzbank AG O.N. (DE:CBKG) which was down 2.28% to 5.398 at the close.

The top performers on the TecDAX were Infineon Technologies AG NA O.N. (DE:IFXGn) which rose 1.76% to 29.948, Aixtron SE (DE:AIXGn) which was up 1.80% to settle at 13.150 and Siemens Healthineers AG (DE:SHLG) which gained 1.40% to close at 40.33.

The worst performers were Varta AG (DE:VAR1) which was down 3.10% to 106.300 in late trade, Morphosys AG O.N. (DE:MORG) which lost 2.85% to settle at 91.170 and Drillisch AG (DE:DRIG) which was down 1.93% to 20.300 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 388 to 270 and 37 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; up 1.76% or 0.518 to 29.948. Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; gaining 1.76% or 0.518 to 29.948. Shares in Aixtron SE (DE:AIXGn) rose to 52-week highs; up 1.80% or 0.232 to 13.150.

The DAX volatility index, which measures the implied volatility of DAX options, was up 6.08% to 24.26.

Gold Futures for February delivery was up 1.58% or 28.98 to $1868.98 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.50% or 0.23 to hit $46.03 a barrel, while the February Brent oil contract fell 0.43% or 0.21 to trade at $49.04 a barrel.

EUR/USD was up 0.14% to 1.2136, while EUR/GBP rose 0.85% to 0.9099.

The US Dollar Index Futures was up 0.08% at 90.763.

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