Germany shares mixed at close of trade; DAX down 0.59%

Investing.com – Germany equities were mixed at the close on Thursday, as gains in the Basic Resources , Construction and Chemicals sectors propelled shares higher while losses in the Software , Telecoms and Technology sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.59%, while the MDAX index fell 0.36%, and the TecDAX index added 0.01%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 1.66% or 0.220 points to trade at 13.478 at the close. Heidelbergcement AG O.N. (DE: HEIG ) added 1.06% or 1.000 points to end at 95.500 and Thyssenkrupp AG O.N. (DE: TKAG ) was up 1.00% or 0.250 points to 25.250 in late trade.

Biggest losers included SAP SE (DE: SAPG ), which lost 3.33% or 3.150 points to trade at 91.430 in late trade. Vonovia SE (DE: VNAn ) declined 2.47% or 1.02 points to end at 40.20 and Infineon Technologies AG NA O.N. (DE: IFXGn ) shed 2.32% or 0.570 points to 24.000.

The top performers on the MDAX were Hella KGaA Hueck & Co (DE: HLE ) which rose 1.99% to 56.50, Leoni AG (DE: LEOGn ) which was up 1.53% to settle at 65.020 and Aurubis AG (DE: NAFG ) which gained 1.48% to close at 82.320.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was down 12.15% to 0.43 in late trade, Deutsche Wohnen AG (DE: DWNG ) which lost 3.10% to settle at 35.650 and Deutsche Euroshop AG (DE: DEQGn ) which was down 2.48% to 32.260 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 2.94% to 11.190, Evotec AG O.N. (DE: EVTG ) which was up 1.68% to settle at 13.950 and Carl Zeiss Meditec AG (DE: AFXG ) which gained 1.49% to close at 54.400.

The worst performers were Dialog Semiconductor (DE: DLGS ) which was down 3.71% to 25.210 in late trade, Drillisch AG (DE: DRIG ) which lost 3.06% to settle at 68.000 and Medigene NA O.N. (DE: MDG1k ) which was down 2.33% to 12.600 at the close.

Declining stocks outnumbered rising ones by 390 to 317 and 107 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.03% to 12.37.

In commodities trading, Gold Futures for February delivery was up 0.27% or 3.50 to $1322.80 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.59% or 1.01 to hit $64.58 a barrel, while the March Brent oil contract rose 0.84% or 0.58 to trade at $69.78 a barrel.

EUR/USD was up 0.74% to 1.2035, while EUR/GBP rose 0.49% to 0.8889.

The US Dollar Index Futures was down 0.51% at 91.64.