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Germany stocks mixed at close of trade; DAX down 0.18%

Published 05/13/2024, 12:05 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.18%

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Food & Beverages, Chemicals and Transportation & Logistics sectors led shares higher while losses in the Construction, Technology and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.18%, while the MDAX index added 0.21%, and the TecDAX index lost 0.31%.

The best performers of the session on the DAX were Dr Ing hc F Porsche AG Preferred (ETR:P911_p), which rose 2.76% or 2.25 points to trade at 83.76 at the close. Meanwhile, Continental AG O.N. (ETR:CONG) added 1.94% or 1.18 points to end at 62.06 and Volkswagen AG VZO O.N. (ETR:VOWG_p) was up 1.54% or 1.80 points to 118.75 in late trade.

The worst performers of the session were Deutsche Boerse AG (ETR:DB1Gn), which fell 2.43% or 4.55 points to trade at 182.90 at the close. Infineon Technologies AG NA O.N. (ETR:IFXGn) declined 2.16% or 0.82 points to end at 37.18 and Zalando SE (ETR:ZALG) was down 1.94% or 0.49 points to 24.75.

The top performers on the MDAX were United Internet AG NA (ETR:UTDI) which rose 6.65% to 24.38, Evotec AG O.N. (ETR:EVTG) which was up 4.73% to settle at 9.97 and Aurubis AG (ETR:NAFG) which gained 3.30% to close at 73.65.

The worst performers were Redcare Pharmacy NV (ETR:RDC) which was down 2.91% to 120.10 in late trade, Stabilus (ETR:STM1) which lost 2.45% to settle at 55.70 and Gerresheimer AG (ETR:GXIG) which was down 2.19% to 98.20 at the close.

The top performers on the TecDAX were United Internet AG NA (ETR:UTDI) which rose 6.65% to 24.38, Evotec AG O.N. (ETR:EVTG) which was up 4.73% to settle at 9.97 and 11 AG (ETR:1U1) which gained 4.64% to close at 17.60.

The worst performers were Suess Microtec NA O.N. (ETR:SMHNn) which was down 4.79% to 47.70 in late trade, Infineon Technologies AG NA O.N. (ETR:IFXGn) which lost 2.16% to settle at 37.18 and Jenoptik AG (ETR:JENGn) which was down 1.97% to 26.86 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 325 to 288 and 42 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 13.64.

Gold Futures for June delivery was down 1.34% or 31.80 to $2,343.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.83% or 0.65 to hit $78.91 a barrel, while the July Brent oil contract rose 0.52% or 0.43 to trade at $83.22 a barrel.

EUR/USD was unchanged 0.27% to 1.08, while EUR/GBP unchanged 0.05% to 0.86.

The US Dollar Index Futures was down 0.12% at 105.04.

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