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Germany stocks lower at close of trade; DAX down 0.07%

Published 05/31/2024, 12:05 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.07%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction, Software and Technology sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.07%, while the MDAX index declined 0.36%, and the TecDAX index fell 0.40%.

The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 2.17% or 11.20 points to trade at 527.80 at the close. Meanwhile, Vonovia SE (ETR:VNAn) added 2.09% or 0.59 points to end at 28.80 and Deutsche Boerse AG (ETR:DB1Gn) was up 1.78% or 3.20 points to 182.90 in late trade.

The worst performers of the session were Siemens Energy AG (ETR:ENR1n), which fell 4.39% or 1.14 points to trade at 24.85 at the close. Airbus Group SE (ETR:AIRG) declined 2.01% or 3.20 points to end at 155.90 and SAP SE (ETR:SAPG) was down 1.55% or 2.62 points to 165.96.

The top performers on the MDAX were RTL Group SA (ETR:RRTL) which rose 4.24% to 30.75, Evotec AG O.N. (ETR:EVTG) which was up 3.04% to settle at 8.65 and Gerresheimer AG (ETR:GXIG) which gained 2.34% to close at 105.00.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 5.37% to 84.65 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 4.40% to settle at 48.18 and Aixtron SE (ETR:AIXGn) which was down 2.88% to 20.94 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 3.04% to 8.65, Energiekontor AG (ETR:EKTG) which was up 1.99% to settle at 71.90 and Hensoldt Ag (ETR:HAGG) which gained 1.52% to close at 37.36.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 5.37% to 84.65 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 4.40% to settle at 48.18 and Aixtron SE (ETR:AIXGn) which was down 2.88% to 20.94 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 332 to 271 and 41 ended unchanged.

Shares in Aixtron SE (ETR:AIXGn) fell to 52-week lows; down 2.88% or 0.62 to 20.94. Shares in Aixtron SE (ETR:AIXGn) fell to 52-week lows; down 2.88% or 0.62 to 20.94.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.98% to 13.54.

Gold Futures for August delivery was down 0.54% or 12.80 to $2,353.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.90% or 0.70 to hit $77.21 a barrel, while the August Brent oil contract fell 0.73% or 0.60 to trade at $81.28 a barrel.

EUR/USD was unchanged 0.11% to 1.08, while EUR/GBP unchanged 0.13% to 0.85.

The US Dollar Index Futures was down 0.02% at 104.64.

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