German stock market was mixed; DAX 30 fell 0.11%

25.08.2017

The German stock market finished Friday session in different directions due to the strengthening of technology, media, and basic resources sectors, and negative dynamics on the part of the food & beverage, transport & logistics, and telecommunications sectors.

At the close on the Frankfurt Stock Exchange, DAX 30 fell 0.11%, MDAX index gained 0.08%, and TecDAX index gained 0.31%.

The growth leaders among the components of DAX 30 index were the shares of Deutsche Boerse AG (DE: DB1Gn), which rose 1.130 points (1.26%), closing at around 90.630. Quotations of BAYER AG (DE: BAYGN) increased by 1.30 points (1.21%), to 109.00. Shares of RWE AG (DE: RWEG) rose in price by 0.245 p. (1.18%), to close at 21.040.

The worst performers were the shares of Deutsche Post AG (DE: DPWGn), which fell in price by 0.30% (0.87%), finishing the session at 34.730. Shares of Linde AG (DE: LING) fell 1.35 points (0.81%), closing at 164.85, while Siemens AG Class N (DE: SIEGn) fell in price by 0.80 points (0.72%) and finished trading at the level of 110.85.

The best performers of MDAX were the shares of STADA Arzneimittel AG (DE: STAGn), which rose 3.56% to 83.200, Leoni AG (DE: LEOGn), which gained 3.51%, to 54,620, and Steinhoff International Holdings NV (DE: SNHG), which rose by 3.13%, to 3.92.

The negative leaders were shares of Deutsche Pfandbriefbank AG (DE: PBBG), which fell in price by 1.25%, to 11.84, shares of Suedzucker AG (DE: SZUG), which lost 1.05% to 17.985, and Innogy SE (DE: IGY), which fell in price by 1.04% to 37.015.

The leaders of growth among the components of the TecDAX index were shares of Adva Optical Networking SE (DE: ADAG), which rose 3.23%, Nordex SE (DE: NDXG), which gained 2.46%, and the shares of Evotec AG (DE: EVTG), which increased by 2.36%.

The worst performers were the shares of Slm Solution G (DE: AM3D), which fell in price by 2.11%, Carl Zeiss Medi (DE: AFXG), which lost 1.30%, and CompuGroup Medical AG (DE: COPMa), which fell in price by 0.93%.

On the Frankfurt Stock Exchange, the number of falling shares (441) exceeded the number of those that closed in positive territory (325), while quotations of 25 stocks remained virtually unchanged.

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