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Germany shares mixed at close of trade; DAX up 1.33%

Published 12/07/2016, 17:15
Updated 12/07/2016, 17:15
Germany shares mixed at close of trade; DAX up 1.33%

Investing.com – Germany equities were mixed at the close on Tuesday, as gains in the Retail, Technology and Media sectors propelled shares higher while losses in the Financial Services, Pharmaceuticals & Healthcare and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX added 1.33%, while the MDAX index gained 0.73%, and the TecDAX index fell 0.55%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 6.32% or 0.760 points to trade at 12.785 at the close. Bay.Motoren Werke AG ST (DE:BMWG) added 4.67% or 3.270 points to end at 73.310 and Daimler AG NA O.N. (DE:DAIGn) was up 4.40% or 2.430 points to 57.650 in late trade.

Biggest losers included Vonovia SE (DE:VNAn), which lost 1.56% or 0.52 points to trade at 32.48 in late trade. Beiersdorf AG O.N. (DE:BEIG) declined 1.19% or 1.010 points to end at 83.910 and Henkel & Co KGaA AG Pref (DE:HNKG) shed 1.08% or 1.200 points to 109.450.

The top performers on the MDAX were Zalando SE (DE:ZALG) which rose 4.66% to 26.71, Airbus Group SE (F:AIRG) which was up 3.83% to settle at 52.283 and Leoni AG (DE:LEOGn) which gained 3.77% to close at 26.030.

The worst performers were LEG Immobilien AG (DE:LEGn) which was down 1.95% to 83.880 in late trade, Deutsche Wohnen AG Inh (DE:DWNG) which lost 1.51% to settle at 30.975 and STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 1.37% to 46.985 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE:DRWG_p) which rose 2.15% to 53.320, Cancom SE O.N. (DE:COKG) which was up 0.67% to settle at 43.870 and Aixtron SE NA O.N. (DE:AIXGn) which gained 0.66% to close at 5.321.

The worst performers were Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.30% to 64.070 in late trade, Adva Optical Networking SE (DE:ADAG) which lost 2.30% to settle at 7.335 and Software AG O.N. (DE:SOWG) which was down 1.55% to 31.130 at the close.

Advancing stocks outnumbered falling ones by 588 to 308 and 19 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.61% to 19.68 a new 1-month low.

In commodities trading, Gold for August delivery was down 1.50% or 20.35 to $1336.25 a troy ounce. Meanwhile, Crude oil for delivery in August rose 4.09% or 1.83 to hit $46.59 a barrel, while the September Brent oil contract rose 4.26% or 1.97 to trade at $48.22 a barrel.

EUR/USD was up 0.17% to 1.1077, while EUR/GBP fell 1.73% to 0.8367.

The US Dollar Index was down 0.14% at 96.44.

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