👀 Ones to watch: Undervalued stocks to buy before they report Q3 earningsSee Undervalued Stocks

Germany stocks lower at close of trade; DAX down 0.40%

Published 09/19/2023, 01:15 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.40%

Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Transportation & Logistics, Construction and Retail sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.40%, while the MDAX index lost 0.04%, and the TecDAX index lost 1.19%.

The best performers of the session on the DAX were Vonovia SE (ETR:VNAn), which rose 3.65% or 0.84 points to trade at 23.84 at the close. Meanwhile, Volkswagen AG VZO O.N. (ETR:VOWG_p) added 2.14% or 2.30 points to end at 109.74 and Heidelbergcement AG O.N. (ETR:HEIG) was up 1.80% or 1.28 points to 72.58 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (ETR:DHLn), which fell 6.47% or 2.70 points to trade at 39.04 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 5.66% or 19.10 points to end at 318.30 and Zalando SE (ETR:ZALG) was down 4.69% or 1.15 points to 23.35.

The top performers on the MDAX were Stabilus (ETR:STM1) which rose 3.15% to 52.45, Aurubis AG (ETR:NAFG) which was up 2.88% to settle at 69.34 and Talanx AG NA O.N. (ETR:TLXGn) which gained 2.73% to close at 65.80.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 2.40% to 56.86 in late trade, Kion Group AG (ETR:KGX) which lost 2.35% to settle at 36.49 and Hugo Boss AG NA O.N. (ETR:BOSSn) which was down 2.31% to 65.24 at the close.

The top performers on the TecDAX were Atoss Software AG (ETR:AOFG) which rose 2.87% to 215.00, United Internet AG NA (ETR:UTDI) which was up 2.20% to settle at 19.97 and Nordex SE O.N. (ETR:NDXG) which gained 1.68% to close at 11.82.

The worst performers were Sartorius AG VZO O.N. (ETR:SATG_p) which was down 5.66% to 318.30 in late trade, Verbio Vereinigte Bioenergie AG (ETR:VBKG) which lost 3.59% to settle at 40.00 and Nemetschek AG O.N. (ETR:NEKG) which was down 2.40% to 56.86 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 351 to 296 and 94 ended unchanged.

Shares in Talanx AG NA O.N. (ETR:TLXGn) rose to all time highs; gaining 2.73% or 1.75 to 65.80.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.12% to 15.34.

Gold Futures for December delivery was down 0.06% or 1.15 to $1,952.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.26% or 0.24 to hit $90.82 a barrel, while the November Brent oil contract rose 0.19% or 0.18 to trade at $94.61 a barrel.

EUR/USD was unchanged 0.06% to 1.07, while EUR/GBP unchanged 0.10% to 0.86.

The US Dollar Index Futures was down 0.06% at 104.79.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.