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Germany shares mixed at close of trade; DAX down 0.21%

Published 29/12/2016, 17:15
Updated 29/12/2016, 17:15
© Reuters. Germany shares mixed at close of trade; DAX down 0.21%

Investing.com – Germany equities were mixed at the close on Thursday, as gains in the Telecoms, Utilities and Financial Services sectors propelled shares higher while losses in the Technology, Basic Resources and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.21%, while the MDAX index declined 0.04%, and the TecDAX index added 0.09%.

The biggest gainers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 0.87% or 0.27 points to trade at 30.69 at the close. Deutsche Telekom AG Na (DE:DTEGn) added 0.84% or 0.135 points to end at 16.300 and E.ON SE NA (DE:EONGn) was up 0.83% or 0.055 points to 6.679 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE:DBKGn), which lost 2.34% or 0.410 points to trade at 17.110 in late trade. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 2.27% or 3.100 points to end at 133.500 and Commerzbank AG O.N. (DE:CBKG) shed 1.82% or 0.133 points to 7.188.

The top performers on the MDAX were Hugo Boss AG NA O.N. (DE:BOSSn) which rose 1.11% to 58.360, LEG Immobilien AG (DE:LEGn) which was up 1.10% to settle at 72.930 and Alstria Office Reit-Ag (DE:AOXG) which gained 1.03% to close at 11.785.

The worst performers were Covestro AG (DE:1COV) which was down 3.29% to 65.280 in late trade, Bilfinger SE O.N. (DE:GBFG) which lost 2.25% to settle at 36.735 and Salzgitter AG (DE:SZGG) which was down 1.26% to 33.195 at the close.

The top performers on the TecDAX were Freenet AG NA (DE:FNTGn) which rose 1.52% to 26.800, Draegerwerk VZO O.N. (DE:DRWG_p) which was up 1.15% to settle at 80.630 and Xing AG (DE:OBCGn) which gained 1.13% to close at 175.100.

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The worst performers were GFT Technologies AG (DE:GFTG) which was down 2.47% to 20.575 in late trade, Siltronic AG (DE:WAFGn) which lost 1.61% to settle at 44.670 and S&T AG (F:SANT1) which was down 1.51% to 8.470 at the close.

Declining stocks outnumbered rising ones by 443 to 319 and 22 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.88% to 17.60.

In commodities trading, Gold for February delivery was up 1.49% or 17.05 to $1157.95 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.76% or 0.41 to hit $53.65 a barrel, while the March Brent oil contract fell 0.46% or 0.26 to trade at $56.70 a barrel.

EUR/USD was up 0.69% to 1.0487, while EUR/GBP rose 0.59% to 0.8572.

The US Dollar Index was down 0.53% at 102.69.

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