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German Shares Mixed Today As The DAX Rises


Germany stocks were mixed after the close as gains in the resources, Telecoms and Financial Services sectors led shares greater while losses within the Technology, Transportation & Logistics and Industrials sectors led stocks lower Tuesday.

The DAX rose 0.03per cent, although the MDAX index declined 0.31%, and the TecDAX index climbed 0.27percent at the close in Frankfurt.

The most effective performers of the session on the DAX had been Deutsche Wohnen AG (DE:DWNG), which rose 2.96percent or 1.190 points to trade at 41.360 during the close. Meanwhile, E.ON SE (DE:EONGn) added 2.92% or 0.258 points to finish at 9.084 and RWE AG ST O.N. (DE:RWEG) was up 2.51% or 0.800 points to 32.715 in belated trade.

The worst performers of this session had been Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 3.98percent or 9.43 points to trade at 227.50 at the close. Continental AG O.N. (DE:CONG) declined 2.08% or 2.40 points to finish at 113.25 and Infineon Technologies AG NA O.N. (DE:IFXGn) had been down 2.06% or 0.725 points to 34.410.

The performers which are top the MDAX were Nemetschek AG O.N. (DE:NEKG) which rose 3.93percent to 56.800, Zalando SE (DE:ZALG) that was up 2.49% to settle at 89.00 and Tag Immobilien AG (DE:TEGG) which gained 2.10% to shut at 25.240.

The worst performers were Deutsche Lufthansa AG (DE:LHAG) which ended up being down 3.80% to 10.745 in belated trade, Hella KGaA Hueck & Co (DE:HLE) which lost 3.47% to settle at 47.36 and Kion Group AG (DE:KGX) which was down 2.94% to 75.84 during the close.

The performers that are top the TecDAX had been Nordex SE O.N. (DE:NDXG) which rose 7.27% to 24.500, Nemetschek AG O.N. (DE:NEKG) that has been up 3.93% to settle at 56.800 and CompuGroup Medical AG O.N. (DE:COP1n) which gained 2.05percent to close at 72.050.

The worst performers had been LPKF Laser & Electronics (DE:LPKG) which was down 3.95% to 25.500 in belated trade, Infineon Technologies AG NA O.N. (DE:IFXGn) which lost 2.06% to be in at 34.410 and Morphosys AG O.N. (DE:MORG) which was down 1.94% to 76.690 during the close.

Dropping stocks outnumbered ones that are advancing the Frankfurt Stock Exchange by 357 to 307 and 83 finished unchanged.

The DAX volatility index, which measures the volatility that is suggested of options, had been down 1.65% to 19.11.

Gold Futures for delivery had been down 0.71% or 12.30 to $1725.80 a troy ounce. Somewhere else in commodities trading, Crude oil for distribution in May dropped 6.79% or 4.18 to hit $57.38 a barrel, whilst the May Brent oil contract fell 0.12% or 0.07 to trade at $60.31 a barrel.

EUR/USD was up 0.03% to 1.1852, while EUR/GBP rose 0.03per cent to 0.8617. Germany stocks were mixed after the close. The US Dollar Index Futures was up 0.66% at 92.350.


Billy Houghton

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