Germany shares mixed at close of trade; DAX down 0.51%

Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the Technology , Retail and Transportation & Logistics sectors propelled shares higher while losses in the Basic Resources , Insurance and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.51%, while the MDAX index fell 0.01%, and the TecDAX index gained 0.20%.

The biggest gainers of the session on the DAX were Fresenius Medical Care KGAA ST (DE: FMEG ), which rose 1.65% or 1.100 points to trade at 67.740 at the close. Infineon Technologies AG NA O.N. (DE: IFXGn ) added 1.42% or 0.222 points to end at 15.910 and Fresenius SE & Co KGAA O.N. (DE: FREG ) was up 0.60% or 0.275 points to 46.115 in late trade.

Biggest losers included Daimler AG NA O.N. (DE: DAIGn ), which lost 1.57% or 0.750 points to trade at 47.020 in late trade. Continental AG O.N. (DE: CONG ) declined 1.53% or 1.84 points to end at 118.22 and E.ON SE NA (DE: EONGn ) shed 1.33% or 0.129 points to 9.541.

The top performers on the MDAX were Morphosys AG O.N. (DE: MORG ) which rose 2.93% to 89.7000, Drillisch AG (DE: DRIG ) which was up 2.63% to settle at 32.040 and Commerzbank AG O.N. (DE: CBKG ) which gained 2.51% to close at 6.417.

The worst performers were Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was down 3.80% to 24.840 in late trade, Kion Group AG (DE: KGX ) which lost 3.73% to settle at 50.52 and Telefonica Deutschland Holding AG (DE: O2Dn ) which was down 2.61% to 2.385 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE: MORG ) which rose 2.93% to 89.700, Drillisch AG (DE: DRIG ) which was up 2.63% to settle at 32.040 and United Internet AG NA (DE: UTDI ) which gained 1.79% to close at 29.060.

The worst performers were Telefonica Deutschland Holding AG (DE: O2Dn ) which was down 2.61% to 2.385 in late trade, Medigene NA O.N. (DE: MDG1k ) which lost 2.02% to settle at 7.025 and Xing AG (DE: OBCGn ) which was down 1.66% to 355.00 at the close.

Declining stocks outnumbered rising ones by 371 to 299 and 90 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.76% to 13.84.

In commodities trading, Gold Futures for August delivery was up 0.92% or 12.85 to $1413.35 a troy ounce. Meanwhile, Crude oil for delivery in August rose 3.82% or 2.21 to hit $60.04 a barrel, while the September Brent oil contract rose 3.87% or 2.48 to trade at $66.64 a barrel.

EUR/USD was up 0.45% to 1.1256, while EUR/GBP rose 0.13% to 0.8999.

The US Dollar Index Futures was down 0.39% at 96.713.