Germany shares mixed at close of trade; DAX up 0.18%

Investing.com – Germany equities were mixed at the close on Tuesday, as gains in the Food & Beverages , Technology and Retail sectors propelled shares higher while losses in the Insurance , Telecoms and Basic Resources sectors led shares lower.

At the close in Frankfurt, the DAX added 0.18%, while the MDAX index declined 0.05%, and the TecDAX index climbed 0.49%.

The biggest gainers of the session on the DAX were Merck KGaA (DE: MRCG ), which rose 2.37% or 2.18 points to trade at 94.26 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 1.85% or 2.35 points to end at 129.10 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was up 1.76% or 2.00 points to 115.40 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 2.65% or 0.275 points to trade at 10.105 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 1.89% or 0.255 points to end at 13.215 and Muench. Rueckvers. VNA O.N. (DE: MUVGn ) shed 1.34% or 2.30 points to 169.35.

The top performers on the MDAX were Schaeffler AG Pref (DE: SHA_p ) which rose 3.84% to 12.30, Steinhoff International Holdings NV (DE: SNHG ) which was up 2.21% to settle at 4.16 and Stroeer SE (DE: SAXG ) which gained 2.16% to close at 54.000.

The worst performers were Lanxess AG (DE: LXSG ) which was down 3.57% to 61.810 in late trade, Covestro AG (DE: 1COV ) which lost 2.25% to settle at 63.970 and Hannover Rueck SE (DE: HNRGn ) which was down 2.11% to 98.82 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE: ADAG ) which rose 4.71% to 5.340, Aixtron SE (DE: AIXGn ) which was up 4.30% to settle at 8.585 and Siltronic AG (DE: WAFGn ) which gained 3.85% to close at 84.240.

The worst performers were Medigene NA O.N. (DE: MDG1k ) which was down 3.42% to 13.425 in late trade, Nordex SE O.N. (DE: NDXG ) which lost 3.07% to settle at 10.905 and SMA Solar Technology AG (DE: S92G ) which was down 0.93% to 38.480 at the close.

Advancing stocks outnumbered falling ones by 375 to 361 and 51 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 2.99% to 16.66.

In commodities trading, Gold Futures for December delivery was up 0.91% or 12.09 to $1342.49 a troy ounce. Meanwhile, Crude oil for delivery in October rose 3.28% or 1.55 to hit $48.84 a barrel, while the November Brent oil contract rose 2.20% or 1.15 to trade at $53.49 a barrel.

EUR/USD was up 0.18% to 1.1917, while EUR/GBP fell 0.60% to 0.9147.

The US Dollar Index Futures was down 0.35% at 92.25.