🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Germany shares lower at close of trade; DAX down 0.33%

Published 02/10/2024, 17:05
Updated 02/10/2024, 17:06
©  Reuters Germany shares lower at close of trade; DAX down 0.33%
EUR/USD
-
DE40
-
DX
-
GC
-
LCO
-
CL
-
MDAXI
-
TECDAX
-
V1XI
-

Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Construction, Transportation & Logistics and Insurance sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.33%, while the MDAX index lost 0.20%, and the TecDAX index lost 0.50%.

The biggest gainers of the session on the DAX were Adidas AG (ETR:ADSGN), which rose 1.89% or 4.40 points to trade at 237.20 at the close. Rheinmetall AG (ETR:RHMG) added 1.14% or 5.80 points to end at 516.80 and Deutsche Boerse AG (ETR:DB1Gn) was up 1.05% or 2.20 points to 212.60 in late trade.

Biggest losers included Sartorius AG VZO O.N. (ETR:SATG_p), which lost 1.98% or 4.90 points to trade at 242.00 in late trade. Munich Reinsurance (ETR:MUVGn) declined 1.71% or 8.30 points to end at 478.30 and Commerzbank AG O.N. (ETR:CBKG) shed 1.51% or 0.25 points to 16.02.

The top performers on the MDAX were Lanxess AG (ETR:LXSG) which rose 4.20% to 29.28, Wacker Chemie O.N. (ETR:WCHG) which was up 4.09% to settle at 93.20 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 2.34% to close at 67.85.

The worst performers were Tui AG NA (ETR:TUI1n) which was down 4.69% to 6.39 in late trade, Deutsche Lufthansa AG (ETR:LHAG) which lost 4.49% to settle at 6.13 and Nordex SE O.N. (ETR:NDXG) which was down 4.00% to 12.96 at the close.

The top performers on the TecDAX were Eckert & Ziegler AG O.N. (ETR:EUZG) which rose 4.46% to 45.86, PNE Wind AG (ETR:PNEGn) which was up 2.89% to settle at 12.10 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 2.34% to close at 67.85.

The worst performers were Nordex SE O.N. (ETR:NDXG) which was down 4.00% to 12.96 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 2.03% to settle at 17.87 and Freenet AG NA (ETR:FNTGn) which was down 2.02% to 26.24 at the close.

Declining stocks outnumbered rising ones by 341 to 269 and 33 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 14.14% to 18.84.

In commodities trading, Gold Futures for December delivery was down 0.65% or 17.55 to $2,672.75 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.32% or 0.22 to hit $70.05 a barrel, while the December Brent oil contract rose 0.26% or 0.19 to trade at $73.75 a barrel.

EUR/USD was unchanged 0.11% to 1.11, while EUR/GBP unchanged 0.05% to 0.83.

The US Dollar Index Futures was up 0.32% at 101.25.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.