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Germany shares mixed at close of trade; DAX up 0.02%

Published 05/09/2024, 17:05
Updated 05/09/2024, 17:06
©  Reuters Germany shares mixed at close of trade; DAX up 0.02%
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Investing.com – Germany equities were mixed at the close on Thursday, as gains in the Utilities, Food & Beverages and Financial Services sectors propelled shares higher while losses in the Construction, Software and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.02%, while the MDAX index gained 0.34%, and the TecDAX index declined 0.40%.

The biggest gainers of the session on the DAX were Bayer AG NA (ETR:BAYGN), which rose 3.89% or 1.09 points to trade at 28.98 at the close. Deutsche Bank AG NA O.N. (ETR:DBKGn) added 3.23% or 0.47 points to end at 14.95 and RWE AG ST O.N. (ETR:RWEG) was up 2.04% or 0.66 points to 32.97 in late trade.

Biggest losers included Brenntag AG (ETR:BNRGn), which lost 2.16% or 1.44 points to trade at 65.26 in late trade. Symrise AG Inh. O.N. (ETR:SY1G) declined 1.66% or 2.00 points to end at 118.50 and Rheinmetall AG (ETR:RHMG) shed 1.57% or 8.20 points to 515.20.

The top performers on the MDAX were Aroundtown Property Holdings PLC (ETR:AT1) which rose 4.05% to 2.44, Deutsche Lufthansa AG (ETR:LHAG) which was up 3.18% to settle at 5.91 and Lanxess AG (ETR:LXSG) which gained 3.08% to close at 25.13.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 4.89% to 87.50 in late trade, TeamViewer AG (ETR:TMV) which lost 3.58% to settle at 11.59 and Carl Zeiss Meditec AG (ETR:AFXG) which was down 2.47% to 59.20 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 2.88% to 6.07, PNE Wind AG (ETR:PNEGn) which was up 2.10% to settle at 11.68 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 1.99% to close at 235.50.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 4.89% to 87.50 in late trade, Atoss Software AG (ETR:AOFG) which lost 4.88% to settle at 132.60 and TeamViewer AG (ETR:TMV) which was down 3.58% to 11.59 at the close.

Declining stocks outnumbered rising ones by 338 to 278 and 23 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 8.97% to 17.66.

In commodities trading, Gold Futures for December delivery was up 0.50% or 12.65 to $2,538.65 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.36% or 0.25 to hit $69.45 a barrel, while the November Brent oil contract rose 0.37% or 0.27 to trade at $72.97 a barrel.

EUR/USD was unchanged 0.18% to 1.11, while EUR/GBP unchanged 0.01% to 0.84.

The US Dollar Index Futures was down 0.21% at 101.09.

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