Germany shares mixed at close of trade; DAX down 0.69%

Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the Utilities , Retail and Food & Beverages sectors propelled shares higher while losses in the Media , Telecoms and Construction sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.69%, while the MDAX index lost 0.32%, and the TecDAX index gained 0.05%.

The biggest gainers of the session on the DAX were E.ON SE NA (DE: EONGn ), which rose 3.53% or 0.320 points to trade at 9.380 at the close. RWE AG ST O.N. (DE: RWEG ) added 2.83% or 0.365 points to end at 13.275 and Vonovia SE (DE: VNAn ) was up 0.50% or 0.16 points to 32.12 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 2.22% or 0.165 points to trade at 7.274 in late trade. Volkswagen AG VZO O.N. (DE: VOWG_p ) declined 1.83% or 2.450 points to end at 131.150 and Deutsche Bank AG NA O.N. (DE: DBKGn ) shed 1.80% or 0.275 points to 14.995.

The top performers on the MDAX were Talanx AG NA O.N. (DE: TLXGn ) which rose 1.13% to 30.100, Metro AG ST O.N. (DE: MEOG ) which was up 0.84% to settle at 29.885 and Deutsche Euroshop AG O.N. (DE: DEQGn ) which gained 0.71% to close at 42.315.

The worst performers were Bilfinger SE O.N. (DE: GBFG ) which was down 4.77% to 33.335 in late trade, K+S AG NA O.N. (DE: SDFGn ) which lost 2.29% to settle at 21.560 and Rheinmetall AG (DE: RHMG ) which was down 1.91% to 60.200 at the close.

The top performers on the TecDAX were Wirecard AG (DE: WDIG ) which rose 5.93% to 41.060, Siltronic AG (DE: WAFGn ) which was up 2.16% to settle at 15.400 and CompuGroup Medical AG O.N. (DE: COPMa ) which gained 1.63% to close at 38.975.

The worst performers were GFT Technologies AG (DE: GFTG ) which was down 2.20% to 21.160 in late trade, Xing AG (DE: OBCGn ) which lost 1.83% to settle at 171.850 and Freenet AG NA (DE: FNTGn ) which was down 1.81% to 24.950 at the close.

Declining stocks outnumbered rising ones by 543 to 327 and 32 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 4.34% to 21.41.

In commodities trading, Gold for August delivery was up 1.35% or 16.85 to $1263.85 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.61% or 0.81 to hit $51.17 a barrel, while the August Brent oil contract rose 1.87% or 0.96 to trade at $52.40 a barrel.

EUR/USD was up 0.41% to 1.1404, while EUR/GBP rose 0.31% to 0.7834.

The US Dollar Index was down 0.39% at 93.47.