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Germany shares mixed at close of trade; DAX down 0.15%

Published 09/12/2024, 17:05
Updated 09/12/2024, 17:07
© Reuters.  Germany shares mixed at close of trade; DAX down 0.15%
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Investing.com – Germany equities were mixed at the close on Monday, as gains in the Technology, Chemicals and Food & Beverages sectors propelled shares higher while losses in the Construction, Telecoms and Media sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.15% to hit a new all time high, while the MDAX index fell 0.75%, and the TecDAX index added 0.22%.

The biggest gainers of the session on the DAX were Mercedes Benz Group AG (ETR:MBGn), which rose 3.24% or 1.74 points to trade at 55.52 at the close. Dr Ing hc F Porsche AG Preferred (ETR:P911_p) added 2.90% or 1.72 points to end at 61.10 and BASF SE NA O.N. (ETR:BASFN) was up 2.66% or 1.17 points to 45.13 in late trade.

Biggest losers included Rheinmetall AG (ETR:RHMG), which lost 5.95% or 38.80 points to trade at 613.00 in late trade. Vonovia SE (ETR:VNAn) declined 3.47% or 1.10 points to end at 30.57 and Deutsche Telekom AG Na (ETR:DTEGn) shed 2.12% or 0.65 points to 29.95.

The top performers on the MDAX were Siltronic AG (ETR:WAFGn) which rose 5.85% to 52.25, Wacker Chemie O.N. (ETR:WCHG) which was up 3.68% to settle at 75.56 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 3.44% to close at 60.10.

The worst performers were HelloFresh SE (ETR:HFGG) which was down 9.79% to 11.84 in late trade, Hensoldt Ag (ETR:HAGG) which lost 8.43% to settle at 34.54 and CTS Eventim AG (ETR:EVDG) which was down 4.65% to 83.00 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (ETR:COP1n) which rose 31.43% to 21.66, Siltronic AG (ETR:WAFGn) which was up 5.85% to settle at 52.25 and Energiekontor AG (ETR:EKTG) which gained 4.84% to close at 47.65.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 8.43% to 34.54 in late trade, Freenet AG NA (ETR:FNTGn) which lost 3.16% to settle at 28.76 and Deutsche Telekom AG Na (ETR:DTEGn) which was down 2.12% to 29.95 at the close.

Advancing stocks outnumbered falling ones by 352 to 289 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.34% to 13.29 a new 3-month low.

In commodities trading, Gold Futures for February delivery was up 1.12% or 29.86 to $2,689.46 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.85% or 1.24 to hit $68.44 a barrel, while the February Brent oil contract rose 1.62% or 1.15 to trade at $72.27 a barrel.

EUR/USD was unchanged 0.01% to 1.06, while EUR/GBP unchanged 0.24% to 0.83.

The US Dollar Index Futures was down 0.06% at 105.68.

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