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

Published 23/12/2024, 17:05
© Reuters.  Germany shares mixed at close of trade; DAX down 0.23%
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Investing.com – Germany equities were mixed at the close on Monday, as gains in the Food & Beverages, Utilities and Technology sectors propelled shares higher while losses in the Construction, Financial Services and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.23%, while the MDAX index added 0.33%, and the TecDAX index added 0.33%.

The biggest gainers of the session on the DAX were Covestro AG (ETR:1COV), which rose 1.75% or 1.00 points to trade at 58.00 at the close. Rheinmetall AG (ETR:RHMG) added 1.31% or 8.00 points to end at 619.60 and Heidelberg Materials AG (ETR:HEIG) was up 0.96% or 1.15 points to 120.35 in late trade.

Biggest losers included Volkswagen AG VZO O.N. (ETR:VOWG_p), which lost 1.98% or 1.76 points to trade at 87.04 in late trade. Porsche Automobil Holding SE (ETR:PSHG_p) declined 1.62% or 0.58 points to end at 35.18 and MTU Aero Engines NA O.N. (ETR:MTXGn) shed 1.49% or 4.80 points to 317.80.

The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 7.77% to 15.32, Gerresheimer AG (ETR:GXIG) which was up 3.47% to settle at 70.00 and Wacker Chemie O.N. (ETR:WCHG) which gained 2.81% to close at 69.42.

The worst performers were K+S AG (ETR:SDFGn) which was down 1.52% to 10.40 in late trade, AUTO1 Group SE (ETR:AG1G) which lost 1.02% to settle at 15.60 and Puma SE (ETR:PUMG) which was down 0.88% to 45.13 at the close.

The top performers on the TecDAX were Aixtron SE (ETR:AIXGn) which rose 7.77% to 15.32, Atoss Software AG (ETR:AOFG) which was up 4.03% to settle at 113.60 and TeamViewer AG (ETR:TMV) which gained 2.60% to close at 9.47.

The worst performers were Nagarro SE (ETR:NA9n) which was down 3.21% to 79.95 in late trade, Elmos Semiconductor AG (ETR:ELGG) which lost 2.49% to settle at 66.60 and SUSS MicroTec SE (ETR:SMHNn) which was down 1.10% to 49.45 at the close.

Declining stocks outnumbered rising ones by 319 to 318 and 44 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.85% to 15.84.

In commodities trading, Gold Futures for February delivery was down 0.48% or 12.81 to $2,632.29 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.95% or 0.66 to hit $68.80 a barrel, while the March Brent oil contract fell 0.96% or 0.70 to trade at $71.86 a barrel.

EUR/USD was unchanged 0.14% to 1.04, while EUR/GBP unchanged 0.19% to 0.83.

The US Dollar Index Futures was up 0.41% at 107.79.

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