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Germany shares lower at close of trade; DAX down 0.25%

Published 29/10/2024, 17:05
© Reuters.  Germany shares lower at close of trade; DAX down 0.25%
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Investing.com – Germany equities were lower at the close on Tuesday, as losses in the Construction, Pharmaceuticals & Healthcare and Chemicals sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.25%, while the MDAX index lost 0.89%, and the TecDAX index fell 0.14%.

The biggest gainers of the session on the DAX were Adidas AG (ETR:ADSGN), which rose 3.84% or 8.20 points to trade at 222.00 at the close. Daimler Truck Holding AG (ETR:DTGGe) added 0.90% or 0.35 points to end at 39.07 and SAP SE (ETR:SAPG) was up 0.58% or 1.30 points to 224.00 in late trade.

Biggest losers included Volkswagen AG VZO O.N. (ETR:VOWG_p), which lost 3.20% or 2.94 points to trade at 88.92 in late trade. Porsche Automobil Holding SE (ETR:PSHG_p) declined 3.20% or 1.27 points to end at 38.44 and Continental AG O.N. (ETR:CONG) shed 2.22% or 1.30 points to 57.24.

The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 2.90% to 14.91, Traton SE (ETR:8TRA) which was up 1.50% to settle at 30.55 and Delivery Hero AG (ETR:DHER) which gained 1.19% to close at 41.60.

The worst performers were Deutsche Lufthansa AG (ETR:LHAG) which was down 5.18% to 6.51 in late trade, Hypoport AG (ETR:HYQGn) which lost 4.56% to settle at 238.40 and Nordex SE O.N. (ETR:NDXG) which was down 3.28% to 13.56 at the close.

The top performers on the TecDAX were Aixtron SE (ETR:AIXGn) which rose 2.90% to 14.91, Evotec AG O.N. (ETR:EVTG) which was up 2.41% to settle at 7.23 and SUSS MicroTec SE (ETR:SMHNn) which gained 1.34% to close at 60.60.

The worst performers were Nordex SE O.N. (ETR:NDXG) which was down 3.28% to 13.56 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 3.01% to settle at 16.41 and 11 AG (ETR:1U1) which was down 2.52% to 13.16 at the close.

Declining stocks outnumbered rising ones by 406 to 208 and 44 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.88% to 17.23.

In commodities trading, Gold Futures for December delivery was up 1.01% or 27.95 to $2,783.85 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.31% or 0.21 to hit $67.17 a barrel, while the January Brent oil contract fell 0.44% or 0.31 to trade at $70.69 a barrel.

EUR/USD was unchanged 0.06% to 1.08, while EUR/GBP unchanged 0.32% to 0.83.

The US Dollar Index Futures was up 0.04% at 104.22.

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