Germany stocks mixed at close of trade; DAX up 1.03%

Stock Markets15 minutes ago (Sep 22, 2021 12:15PM ET)

(C) Reuters. Germany stocks mixed at close of trade; DAX up 1.03% – Germany stocks were mixed after the close on Wednesday, as gains in the Industrials, Insurance and Media sectors led shares higher while losses in the Retail, Transportation & Logistics and Software sectors led shares lower.

At the close in Frankfurt, the DAX added 1.03%, while the MDAX index climbed 0.63%, and the TecDAX index lost 0.29%.

The best performers of the session on the DAX were Daimler AG NA O.N. (DE:DAIGn), which rose 3.97% or 2.745 points to trade at 71.825 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 3.81% or 0.385 points to end at 10.480 and Bayerische Motoren Werke AG (DE:BMWG) was up 3.46% or 2.730 points to 81.555 in late trade.

The worst performers of the session were HelloFresh SE (DE:HFGG), which fell 2.58% or 2.32 points to trade at 87.52 at the close. Zalando SE (DE:ZALG) declined 2.34% or 2.06 points to end at 85.85 and Siemens Healthineers AG (DE:SHLG) was down 2.00% or 1.20 points to 58.84.

The top performers on the MDAX were Stroeer SE (DE:SAXG) which rose 4.67% to 71.650, Hugo Boss AG NA O.N. (DE:BOSSn) which was up 4.27% to settle at 52.000 and K&S AG (DE:SDFGn) which gained 4.04% to close at 12.818.

The worst performers were Deutsche Lufthansa AG (DE:LHAG) which was down 25.41% to 6.248 in late trade, Bechtle AG (DE:BC8G) which lost 7.03% to settle at 62.440 and Cancom SE O.N. (DE:COKG) which was down 2.01% to 51.580 at the close.

The top performers on the TecDAX were Suse SA (DE:SUSEG) which rose 3.06% to 37.00, Vantage Towers AG (DE:VTWRn) which was up 2.67% to settle at 29.96 and Nordex SE O.N. (DE:NDXG) which gained 2.44% to close at 15.110.

The worst performers were Bechtle AG (DE:BC8G) which was down 7.03% to 62.440 in late trade, Cancom SE O.N. (DE:COKG) which lost 2.01% to settle at 51.580 and Siemens Healthineers AG (DE:SHLG) which was down 2.00% to 58.84 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 483 to 214 and 73 ended unchanged.

Shares in Deutsche Lufthansa AG (DE:LHAG) fell to all time lows; falling 25.41% or 2.129 to 6.248. Shares in Suse SA (DE:SUSEG) rose to all time highs; up 3.06% or 1.10 to 37.00.

The DAX volatility index, which measures the implied volatility of DAX options, was down 10.11% to 23.56.

Gold Futures for December delivery was up 0.06% or 1.05 to $1779.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.94% or 1.37 to hit $71.86 a barrel, while the November Brent oil contract rose 1.90% or 1.41 to trade at $75.77 a barrel.

EUR/USD was up 0.12% to 1.1738, while EUR/GBP rose 0.13% to 0.8591.

The US Dollar Index Futures was down 0.08% at 93.127.

Germany stocks mixed at close of trade; DAX up 1.03%

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