Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Germany shares mixed at close of trade; DAX down 0.13%

Published 22/10/2024, 17:05
© Reuters.  Germany shares mixed at close of trade; DAX down 0.13%
EUR/USD
-
EUR/GBP
-
DE40
-
DX
-
GC
-
LCO
-
CL
-
MDAXI
-
TECDAX
-
V1XI
-

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

At the close in Frankfurt, the DAX declined 0.13%, while the MDAX index fell 0.25%, and the TecDAX index added 0.03%.

The biggest gainers of the session on the DAX were SAP SE (ETR:SAPG), which rose 2.14% or 4.50 points to trade at 215.25 at the close. Airbus Group SE (ETR:AIRG) added 1.65% or 2.30 points to end at 141.28 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 1.23% or 0.20 points to 16.31 in late trade.

Biggest losers included Munich Reinsurance (ETR:MUVGn), which lost 2.75% or 13.50 points to trade at 476.80 in late trade. Vonovia SE (ETR:VNAn) declined 2.04% or 0.64 points to end at 30.66 and Brenntag AG (ETR:BNRGn) shed 1.93% or 1.22 points to 62.08.

The top performers on the MDAX were Hensoldt Ag (ETR:HAGG) which rose 3.48% to 32.08, Traton SE (ETR:8TRA) which was up 1.81% to settle at 30.95 and Nordex SE O.N. (ETR:NDXG) which gained 1.79% to close at 13.63.

The worst performers were Bechtle AG (ETR:BC8G) which was down 6.02% to 34.04 in late trade, Thyssenkrupp AG O.N. (ETR:TKAG) which lost 4.54% to settle at 3.26 and Talanx AG NA O.N. (ETR:TLXGn) which was down 2.81% to 72.75 at the close.

The top performers on the TecDAX were SUSS MicroTec SE (ETR:SMHNn) which rose 5.18% to 56.90, Hensoldt Ag (ETR:HAGG) which was up 3.48% to settle at 32.08 and Evotec AG O.N. (ETR:EVTG) which gained 2.95% to close at 5.94.

The worst performers were Bechtle AG (ETR:BC8G) which was down 6.02% to 34.04 in late trade, Atoss Software AG (ETR:AOFG) which lost 2.51% to settle at 132.00 and 11 AG (ETR:1U1) which was down 2.40% to 13.82 at the close.

Declining stocks outnumbered rising ones by 326 to 280 and 30 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 9.60% to 17.55.

In commodities trading, Gold Futures for December delivery was up 0.51% or 14.00 to $2,752.90 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.80% or 1.96 to hit $72.00 a barrel, while the December Brent oil contract rose 2.60% or 1.93 to trade at $76.22 a barrel.

EUR/USD was unchanged 0.09% to 1.08, while EUR/GBP unchanged 0.04% to 0.83.

The US Dollar Index Futures was up 0.06% at 103.90.

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.