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Germany shares lower at close of trade; DAX down 0.23%

Published 15/11/2024, 17:05
© Reuters.  Germany shares lower at close of trade; DAX down 0.23%
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Investing.com – Germany equities were lower at the close on Friday, as losses in the Construction, Technology and Retail sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.23%, while the MDAX index lost 0.19%, and the TecDAX index fell 0.97%.

The biggest gainers of the session on the DAX were Continental AG O.N. (ETR:CONG), which rose 2.87% or 1.76 points to trade at 63.14 at the close. Brenntag AG (ETR:BNRGn) added 2.62% or 1.52 points to end at 59.58 and Fresenius SE & Co KGAA O.N. (ETR:FREG) was up 1.80% or 0.59 points to 33.36 in late trade.

Biggest losers included Sartorius AG VZO O.N. (ETR:SATG_p), which lost 6.00% or 13.70 points to trade at 214.60 in late trade. Qiagen NV (ETR:QIA) declined 2.49% or 1.00 points to end at 39.18 and Merck KGaA (ETR:MRCG) shed 2.22% or 3.25 points to 143.20.

The top performers on the MDAX were K+S AG (ETR:SDFGn) which rose 4.48% to 11.42, Lanxess AG (ETR:LXSG) which was up 3.62% to settle at 23.78 and Nordex SE O.N. (ETR:NDXG) which gained 3.14% to close at 11.81.

The worst performers were HelloFresh SE (ETR:HFGG) which was down 6.37% to 10.58 in late trade, SCHOTT Pharma AG & Co KgaA (ETR:1SXP) which lost 5.29% to settle at 26.48 and Delivery Hero AG (ETR:DHER) which was down 3.43% to 37.49 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 21.32% to 10.47, Nordex SE O.N. (ETR:NDXG) which was up 3.14% to settle at 11.81 and Hensoldt Ag (ETR:HAGG) which gained 2.57% to close at 34.36.

The worst performers were Sartorius AG VZO O.N. (ETR:SATG_p) which was down 6.00% to 214.60 in late trade, SUSS MicroTec SE (ETR:SMHNn) which lost 5.88% to settle at 51.20 and Eckert & Ziegler AG O.N. (ETR:EUZG) which was down 4.33% to 38.48 at the close.

Declining stocks outnumbered rising ones by 347 to 282 and 37 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.87% to 16.13.

In commodities trading, Gold Futures for December delivery was down 0.21% or 5.50 to $2,567.40 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.80% or 1.24 to hit $67.46 a barrel, while the January Brent oil contract fell 1.58% or 1.15 to trade at $71.41 a barrel.

EUR/USD was unchanged 0.22% to 1.06, while EUR/GBP unchanged 0.54% to 0.84.

The US Dollar Index Futures was down 0.08% at 106.51.

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