💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Germany shares mixed at close of trade; DAX up 0.09%

Published 02/09/2024, 17:05
Updated 02/09/2024, 17:07
©  Reuters Germany shares mixed at close of trade; DAX up 0.09%
EUR/USD
-
EUR/GBP
-
DE40
-
DX
-
GC
-
LCO
-
MDAXI
-
TECDAX
-
V1XI
-

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

At the close in Frankfurt, the DAX added 0.09% to hit a new all time high, while the MDAX index declined 0.22%, and the TecDAX index lost 0.43%.

The biggest gainers of the session on the DAX were Vonovia SE (ETR:VNAn), which rose 1.99% or 0.62 points to trade at 31.80 at the close. Deutsche Post AG NA O.N. (ETR:DHLn) added 1.33% or 0.52 points to end at 39.72 and Munich Reinsurance (ETR:MUVGn) was up 1.27% or 6.20 points to 495.50 in late trade.

Biggest losers included Sartorius AG VZO O.N. (ETR:SATG_p), which lost 4.73% or 11.80 points to trade at 237.60 in late trade. Zalando SE (ETR:ZALG) declined 3.11% or 0.73 points to end at 22.71 and Rheinmetall AG (ETR:RHMG) shed 2.69% or 14.60 points to 527.40.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 3.32% to 3.30, Aroundtown Property Holdings PLC (ETR:AT1) which was up 2.83% to settle at 2.36 and LEG Immobilien AG (ETR:LEGn) which gained 2.02% to close at 88.82.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 6.32% to 31.74 in late trade, Redcare Pharmacy NV (ETR:RDC) which lost 3.82% to settle at 121.00 and Aixtron SE (ETR:AIXGn) which was down 3.11% to 16.81 at the close.

The top performers on the TecDAX were Atoss Software AG (ETR:AOFG) which rose 2.31% to 142.00, Freenet AG NA (ETR:FNTGn) which was up 1.21% to settle at 26.68 and SAP SE (ETR:SAPG) which gained 1.08% to close at 199.86.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 6.32% to 31.74 in late trade, Sartorius AG VZO O.N. (ETR:SATG_p) which lost 4.73% to settle at 237.60 and CompuGroup Medical AG O.N. (ETR:COP1n) which was down 3.34% to 15.07 at the close.

Advancing stocks outnumbered falling ones by 319 to 298 and 38 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.58% to 14.26.

In commodities trading, Gold Futures for December delivery was up 0.24% or 6.10 to $2,533.70 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.92% or 0.68 to hit $74.23 a barrel, while the November Brent oil contract rose 0.70% or 0.54 to trade at $77.47 a barrel.

EUR/USD was unchanged 0.18% to 1.11, while EUR/GBP unchanged 0.07% to 0.84.

The US Dollar Index Futures was unchanged 0.00% at 101.62.

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.