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Germany shares mixed at close of trade; DAX up 0.34%

Published 11/09/2024, 17:05
Updated 11/09/2024, 17:06
© Reuters.  Germany shares mixed at close of trade; DAX up 0.34%
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Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the Food & Beverages, Software and Technology sectors propelled shares higher while losses in the Construction, Media and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.34%, while the MDAX index lost 0.24%, and the TecDAX index climbed 0.31%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (ETR:CBKG), which rose 16.55% or 2.09 points to trade at 14.69 at the close. Bayerische Motoren Werke AG (ETR:BMWG) added 3.04% or 2.10 points to end at 71.08 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was up 2.39% or 1.56 points to 66.78 in late trade.

Biggest losers included Bayer AG NA (ETR:BAYGN), which lost 2.19% or 0.61 points to trade at 27.01 in late trade. Deutsche Bank AG NA O.N. (ETR:DBKGn) declined 1.81% or 0.26 points to end at 14.03 and Zalando SE (ETR:ZALG) shed 1.39% or 0.30 points to 21.32.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 14.65% to 7.70, Nordex SE O.N. (ETR:NDXG) which was up 2.17% to settle at 14.10 and Kion Group AG (ETR:KGX) which gained 1.53% to close at 31.11.

The worst performers were Scout24 AG (ETR:G24n) which was down 2.72% to 71.40 in late trade, Aixtron SE (ETR:AIXGn) which lost 2.15% to settle at 15.02 and Redcare Pharmacy NV (ETR:RDC) which was down 1.93% to 116.70 at the close.

The top performers on the TecDAX were PNE Wind AG (ETR:PNEGn) which rose 2.57% to 11.16, Nordex SE O.N. (ETR:NDXG) which was up 2.17% to settle at 14.10 and SUSS MicroTec SE (ETR:SMHNn) which gained 1.90% to close at 53.60.

The worst performers were Atoss Software AG (ETR:AOFG) which was down 2.35% to 116.20 in late trade, Aixtron SE (ETR:AIXGn) which lost 2.15% to settle at 15.02 and CompuGroup Medical AG O.N. (ETR:COP1n) which was down 1.37% to 13.70 at the close.

Declining stocks outnumbered rising ones by 369 to 235 and 43 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.37% to 17.82.

In commodities trading, Gold Futures for December delivery was up 0.01% or 0.25 to $2,543.35 a troy ounce. Meanwhile, Crude oil for delivery in October rose 2.11% or 1.39 to hit $67.14 a barrel, while the November Brent oil contract rose 1.66% or 1.15 to trade at $70.34 a barrel.

EUR/USD was unchanged 0.04% to 1.10, while EUR/GBP unchanged 0.31% to 0.85.

The US Dollar Index Futures was up 0.07% at 101.67.

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