Defence stock jumps after receiving order for gun stand assemblies from defence firm
Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the DAX Technology, DAX Telecom and DAX Food & Beverage sectors led shares higher while losses in the DAX Construction, DAX Retail and DAX Media sectors led shares lower.
At the close in Frankfurt, the DAX gained 0.34% to hit a new all time high, while the MDAX index lost 0.45%, and the TecDAX index gained 0.40%.
The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 2.26% or 0.76 points to trade at 34.65 at the close. Deutsche Telekom AG Na (ETR:DTEGn) added 1.81% or 0.61 points to end at 34.31 and Commerzbank AG O.N. (ETR:CBKG) was up 1.43% or 0.37 points to 26.29 in late trade.
Biggest losers included Heidelberg Materials AG (ETR:HEIG), which fell 1.75% or 3.25 points to trade at 182.35 in late trade. Vonovia SE (ETR:VNAn) declined 1.70% or 0.50 points to end at 28.95 and Fresenius SE & Co KGAA O.N. (ETR:FREG) down 1.16% or 0.51 points to 43.52.
The top performers on the MDAX were RENK Group AG (ETR:R3NK) which rose 6.64% to 69.58, Gerresheimer AG (ETR:GXIG) which was up 3.74% to settle at 61.00 and Hensoldt Ag (ETR:HAGG) which gained 2.07% to close at 79.00.
The worst performers were Jungheinrich AG O.N.VZO (ETR:JUNG_p) which was down 2.97% to 34.68 in late trade, Hugo Boss AG NA O.N. (ETR:BOSSn) which lost 2.81% to settle at 39.81 and Puma SE (ETR:PUMG) which was down 2.71% to 23.33 at the close.
The top performers on the TecDAX were Infineon Technologies AG NA O.N. (ETR:IFXGn) which rose 2.26% to 34.65, Hensoldt Ag (ETR:HAGG) which was up 2.07% to settle at 79.00 and Deutsche Telekom AG Na (ETR:DTEGn) which gained 1.81% to close at 34.31.
The worst performers were Cancom SE O.N. (ETR:COKG) which was down 2.28% to 27.90 in late trade, Carl Zeiss Meditec AG (ETR:AFXG) which lost 2.27% to settle at 60.15 and Nordex SE O.N. (ETR:NDXG) which was down 1.90% to 17.56 at the close.
Falling stocks outnumbered advancing ones by 370 to 249 and 27 ended unchanged on the Frankfurt Stock Exchange.
Shares in Commerzbank AG O.N. (ETR:CBKG) rose to 5-year highs; rising 1.43% or 0.37 to 26.29. Shares in RENK Group AG (ETR:R3NK) rose to all time highs; gaining 6.64% or 4.33 to 69.58. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; rising 2.07% or 1.60 to 79.00. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; rising 2.07% or 1.60 to 79.00.
The DAX New Volatility, which measures the implied volatility of DAX options, was down 0.38% to 17.94.
Gold Futures for June delivery was up 0.93% or 30.44 to $3,315.04 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.52% or 0.32 to hit $61.71 a barrel, while the July Brent oil contract fell 0.50% or 0.33 to trade at $65.05 a barrel.
EUR/USD was up 0.58% to 1.14, while EUR/GBP unchanged 0.06% to 0.84.
The US Dollar Index Futures was down 0.68% at 99.29.