Germany shares mixed at close of trade; DAX up 0.85%

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

At the close in Frankfurt, the DAX rose 0.85%, while the MDAX index climbed 0.07%, and the TecDAX index fell 0.28%.

The biggest gainers of the session on the DAX were E.ON SE NA (DE: EONGn ), which rose 3.64% or 0.316 points to trade at 8.992 at the close. SAP SE (DE: SAPG ) added 2.42% or 2.460 points to end at 104.100 and BASF SE NA O.N. (DE: BASFN ) was up 1.63% or 1.310 points to 81.630 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE: IFXGn ), which lost 1.37% or 0.280 points to trade at 20.100 in late trade. Fresenius Medical Care KGAA ST (DE: FMEG ) declined 1.20% or 1.060 points to end at 86.920 and Covestro AG (DE: 1COV ) shed 1.12% or 0.820 points to 72.420.

The top performers on the MDAX were Kion Group AG (DE: KGX ) which rose 4.33% to 56.36, Metro Wholesale & Food Specialist AG (DE: B4B ) which was up 2.34% to settle at 14.0050 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which gained 2.33% to close at 33.400.

The worst performers were Osram Licht AG (DE: OSRn ) which was down 2.27% to 38.32 in late trade, Hugo Boss AG NA O.N. (DE: BOSSn ) which lost 1.96% to settle at 66.040 and Fielmann AG (DE: FIEG ) which was down 1.82% to 53.950 at the close.

The top performers on the TecDAX were Drillisch AG (DE: DRIG ) which rose 3.68% to 42.840, SMA Solar Technology AG (DE: S92G ) which was up 2.23% to settle at 30.320 and Telefonica Deutschland Holding AG (DE: O2Dn ) which gained 1.43% to close at 3.545.

The worst performers were Isra Vision O.N. (DE: ISRG ) which was down 2.81% to 45.00 in late trade, Nemetschek AG O.N. (DE: NEKG ) which lost 2.51% to settle at 124.300 and S&T AG (DE: SANT1 ) which was down 2.47% to 25.26 at the close.

Advancing stocks outnumbered falling ones by 407 to 304 and 70 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.39% to 13.44 a new 3-month low.

In commodities trading, Gold Futures for December delivery was down 0.78% or 9.40 to $1201.90 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.97% or 0.68 to hit $71.00 a barrel, while the November Brent oil contract rose 0.30% or 0.24 to trade at $78.94 a barrel.

EUR/USD was down 0.30% to 1.1742, while EUR/GBP rose 1.21% to 0.8982.

The US Dollar Index Futures was up 0.40% at 93.84.