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Germany shares mixed at close of trade; DAX up 0.25%

Published 22/08/2024, 17:05
© Reuters.  Germany shares mixed at close of trade; DAX up 0.25%
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Investing.com – Germany equities were mixed at the close on Thursday, as gains in the Media, Food & Beverages and Retail sectors propelled shares higher while losses in the Construction, Basic Resources and Technology sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.25%, while the MDAX index added 0.27%, and the TecDAX index fell 0.05%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (ETR:DBKGn), which rose 4.03% or 0.56 points to trade at 14.57 at the close. Commerzbank AG O.N. (ETR:CBKG) added 2.12% or 0.27 points to end at 12.98 and Siemens Energy AG (ETR:ENR1n) was up 1.66% or 0.41 points to 25.07 in late trade.

Biggest losers included Bayer AG NA (ETR:BAYGN), which lost 1.42% or 0.40 points to trade at 27.71 in late trade. Brenntag AG (ETR:BNRGn) declined 1.38% or 0.90 points to end at 64.14 and Continental AG O.N. (ETR:CONG) shed 0.64% or 0.38 points to 59.08.

The top performers on the MDAX were CTS Eventim AG (ETR:EVDG) which rose 5.82% to 87.25, HelloFresh SE (ETR:HFGG) which was up 4.56% to settle at 7.66 and Delivery Hero AG (ETR:DHER) which gained 3.10% to close at 22.97.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 5.02% to 17.51 in late trade, Jenoptik AG (ETR:JENGn) which lost 3.17% to settle at 28.08 and Stabilus (ETR:STM1) which was down 2.53% to 40.45 at the close.

The top performers on the TecDAX were United Internet AG NA (ETR:UTDI) which rose 1.18% to 18.80, Nagarro SE (ETR:NA9n) which was up 1.07% to settle at 75.55 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 0.84% to close at 239.90.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 5.02% to 17.51 in late trade, PNE Wind AG (ETR:PNEGn) which lost 4.69% to settle at 12.18 and SMA Solar Technology AG (ETR:S92G) which was down 3.47% to 21.16 at the close.

Declining stocks outnumbered rising ones by 313 to 298 and 32 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.28% to 14.24.

In commodities trading, Gold Futures for December delivery was down 1.13% or 28.80 to $2,518.70 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.81% or 1.30 to hit $73.23 a barrel, while the October Brent oil contract rose 1.80% or 1.37 to trade at $77.42 a barrel.

EUR/USD was unchanged 0.31% to 1.11, while EUR/GBP unchanged 0.35% to 0.85.

The US Dollar Index Futures was up 0.42% at 101.34.

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