Germany shares mixed at close of trade; DAX down 0.52%

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Germany shares mixed at close of trade; DAX down 0.52%
Credit: © Reuters. – Germany equities were mixed at the close on Wednesday, as gains in the Food & Beverages , Financial Services and Retail sectors propelled shares higher while losses in the Pharmaceuticals & Healthcare , Media and Chemicals sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.52%, while the MDAX index fell 0.12%, and the TecDAX index gained 0.32%.

The biggest gainers of the session on the DAX were Merck KGaA (DE: MRCG ), which rose 2.97% or 2.66 points to trade at 92.30 at the close. Vonovia SE (DE: VNAn ) added 2.73% or 1.08 points to end at 40.68 and Deutsche Bank AG NA O.N. (DE: DBKGn ) was up 1.68% or 0.162 points to 9.781 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE: FMEG ), which lost 16.32% or 13.990 points to trade at 71.730 in late trade. Fresenius SE & Co KGAA O.N. (DE: FREG ) declined 8.50% or 5.860 points to end at 63.100 and Covestro AG (DE: 1COV ) shed 2.93% or 1.840 points to 61.000.

The top performers on the MDAX were LEG Immobilien AG (DE: LEGn ) which rose 3.40% to 99.800, Deutsche Wohnen AG (DE: DWNG ) which was up 2.65% to settle at 41.060 and Talanx AG NA O.N. (DE: TLXGn ) which gained 2.43% to close at 30.300.

The worst performers were Duerr AG (DE: DUEG ) which was down 9.58% to 30.000 in late trade, Stroeer SE (DE: SAXG ) which lost 3.60% to settle at 45.580 and Schaeffler AG Pref (DE: SHA_p ) which was down 3.17% to 10.07 at the close.

The top performers on the TecDAX were Dr. Hoenle AG O.N. (DE: HNLG ) which rose 8.10% to 69.400, Shop Apotheke Europe NV (DE: SAEG ) which was up 6.90% to settle at 48.000 and Tele Columbus AG (DE: TC1n ) which gained 4.93% to close at 3.52.

The worst performers were SLM Solutions Group AG (DE: AM3D ) which was down 5.47% to 16.94 in late trade, Takkt AG O.N. (DE: TTKG ) which lost 3.61% to settle at 12.300 and Stroeer SE (DE: SAXG ) which was down 3.60% to 45.580 at the close.

Declining stocks outnumbered rising ones by 363 to 344 and 70 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 9.73% to 17.16.

In commodities trading, Gold Futures for December delivery was down 0.05% or 0.60 to $1230.40 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.56% or 1.84 to hit $70.08 a barrel, while the December Brent oil contract fell 1.62% or 1.32 to trade at $80.09 a barrel.

EUR/USD was down 0.31% to 1.1538, while EUR/GBP rose 0.05% to 0.8782.

The US Dollar Index Futures was up 0.30% at 95.06.

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