💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Germany shares mixed at close of trade; DAX up 0.07%

Published 08/07/2024, 17:05
Updated 08/07/2024, 17:06
© Reuters.  Germany shares mixed at close of trade; DAX up 0.07%
EUR/USD
-
DE40
-
DX
-
GC
-
LCO
-
CL
-
MDAXI
-
TECDAX
-
V1XI
-

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

At the close in Frankfurt, the DAX added 0.07%, while the MDAX index declined 0.70%, and the TecDAX index fell 0.40%.

The biggest gainers of the session on the DAX were Munich Reinsurance (ETR:MUVGn), which rose 3.03% or 13.50 points to trade at 459.10 at the close. Hannover Rueck SE (ETR:HNRGn) added 3.01% or 7.00 points to end at 239.60 and Siemens Energy AG (ETR:ENR1n) was up 1.90% or 0.50 points to 26.87 in late trade.

Biggest losers included RWE AG ST O.N. (ETR:RWEG), which lost 1.61% or 0.54 points to trade at 33.06 in late trade. Continental AG O.N. (ETR:CONG) declined 1.47% or 0.90 points to end at 60.36 and E.ON SE (ETR:EONGn) shed 1.46% or 0.18 points to 12.18.

The top performers on the MDAX were Tui AG NA (ETR:TUI1n) which rose 3.50% to 6.74, Stroeer SE (ETR:SAXG) which was up 2.46% to settle at 62.50 and Befesa SA (ETR:BFSA) which gained 1.87% to close at 32.70.

The worst performers were Delivery Hero AG (ETR:DHER) which was down 7.19% to 19.50 in late trade, K+S AG (ETR:SDFGn) which lost 5.79% to settle at 11.80 and Aixtron SE (ETR:AIXGn) which was down 3.28% to 21.50 at the close.

The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which rose 1.25% to 64.80, Evotec AG O.N. (ETR:EVTG) which was up 1.18% to settle at 9.84 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 0.87% to close at 232.60.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 3.28% to 21.50 in late trade, Eckert & Ziegler AG O.N. (ETR:EUZG) which lost 2.74% to settle at 44.78 and Hensoldt Ag (ETR:HAGG) which was down 2.38% to 35.22 at the close.

Declining stocks outnumbered rising ones by 351 to 272 and 36 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.42% to 13.31.

In commodities trading, Gold Futures for August delivery was down 1.59% or 38.05 to $2,359.65 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.97% or 0.81 to hit $82.35 a barrel, while the September Brent oil contract fell 0.88% or 0.76 to trade at $85.78 a barrel.

EUR/USD was unchanged 0.04% to 1.08, while EUR/GBP unchanged 0.06% to 0.84.

The US Dollar Index Futures was up 0.07% at 104.62.

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.