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

Published 12/12/2024, 17:05
Updated 12/12/2024, 17:07
© Reuters Germany shares mixed at close of trade; DAX up 0.15%
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Investing.com – Germany equities were mixed at the close on Thursday, as gains in the Food & Beverages, Software and Retail sectors propelled shares higher while losses in the Construction, Insurance and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX added 0.15% to hit a new all time high, while the MDAX index lost 0.40%, and the TecDAX index lost 0.02%.

The biggest gainers of the session on the DAX were Airbus Group SE (ETR:AIRG), which rose 2.34% or 3.66 points to trade at 159.96 at the close. Bayerische Motoren Werke AG (ETR:BMWG) added 1.91% or 1.50 points to end at 79.98 and Beiersdorf AG O.N. (ETR:BEIG) was up 1.29% or 1.60 points to 126.00 in late trade.

Biggest losers included Siemens Energy AG (ETR:ENR1n), which lost 3.92% or 2.00 points to trade at 49.06 in late trade. Munich Reinsurance (ETR:MUVGn) declined 2.02% or 10.10 points to end at 490.10 and Deutsche Post AG NA O.N. (ETR:DHLn) shed 1.61% or 0.58 points to 35.36.

The top performers on the MDAX were Hugo Boss AG NA O.N. (ETR:BOSSn) which rose 2.94% to 42.02, Fraport AG (ETR:FRAG) which was up 2.80% to settle at 53.20 and Delivery Hero AG (ETR:DHER) which gained 2.32% to close at 31.82.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 5.74% to 50.95 in late trade, SCHOTT Pharma AG & Co KgaA (ETR:1SXP) which lost 5.62% to settle at 24.54 and Kion Group AG (ETR:KGX) which was down 4.70% to 33.83 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 8.08% to 93.60, Hensoldt Ag (ETR:HAGG) which was up 2.27% to settle at 35.18 and Elmos Semiconductor AG (ETR:ELGG) which gained 1.50% to close at 67.80.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 5.74% to 50.95 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 3.44% to settle at 95.45 and Cancom SE O.N. (ETR:COKG) which was down 3.00% to 23.94 at the close.

Declining stocks outnumbered rising ones by 347 to 279 and 41 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.53% to 12.88 a new 3-month low.

In commodities trading, Gold Futures for February delivery was down 1.80% or 49.59 to $2,707.11 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.37% or 0.26 to hit $70.03 a barrel, while the February Brent oil contract fell 0.33% or 0.24 to trade at $73.28 a barrel.

EUR/USD was unchanged 0.16% to 1.05, while EUR/GBP unchanged 0.44% to 0.83.

The US Dollar Index Futures was down 0.10% at 106.29.

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