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Germany stocks lower at close of trade; DAX down 0.67%

Published 11/19/2024, 12:05 PM
Updated 11/19/2024, 12:06 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.67%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Construction, Technology and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.67%, while the MDAX index lost 0.26%, and the TecDAX index declined 0.54%.

The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 3.85% or 22.40 points to trade at 604.80 at the close. Meanwhile, Symrise AG Inh. O.N. (ETR:SY1G) added 0.97% or 1.00 points to end at 104.50 and Vonovia SE (ETR:VNAn) was up 0.90% or 0.26 points to 29.03 in late trade.

The worst performers of the session were Siemens AG Class N (ETR:SIEGn), which fell 3.35% or 6.16 points to trade at 177.84 at the close. Infineon Technologies AG NA O.N. (ETR:IFXGn) declined 2.15% or 0.64 points to end at 29.10 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was down 2.08% or 1.30 points to 61.10.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 11.65% to 3.80, SCHOTT Pharma AG & Co KgaA (ETR:1SXP) which was up 4.14% to settle at 26.68 and Hypoport AG (ETR:HYQGn) which gained 3.15% to close at 216.20.

The worst performers were Siltronic AG (ETR:WAFGn) which was down 5.57% to 47.50 in late trade, Stabilus (ETR:STM1) which lost 4.93% to settle at 32.80 and Aixtron SE (ETR:AIXGn) which was down 4.49% to 13.18 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 2.18% to 98.30, Kontron AG (ETR:KTN) which was up 1.39% to settle at 17.49 and Hensoldt Ag (ETR:HAGG) which gained 1.31% to close at 35.54.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 8.38% to 9.62 in late trade, Siltronic AG (ETR:WAFGn) which lost 5.57% to settle at 47.50 and SUSS MicroTec SE (ETR:SMHNn) which was down 4.82% to 48.35 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 428 to 197 and 26 ended unchanged.

Shares in Rheinmetall AG (ETR:RHMG) rose to all time highs; gaining 3.85% or 22.40 to 604.80. Shares in Dr Ing hc F Porsche AG Preferred (ETR:P911_p) fell to all time lows; falling 2.08% or 1.30 to 61.10. Shares in Siltronic AG (ETR:WAFGn) fell to 5-year lows; losing 5.57% or 2.80 to 47.50. Shares in Stabilus (ETR:STM1) fell to 3-years lows; falling 4.93% or 1.70 to 32.80. Shares in Aixtron SE (ETR:AIXGn) fell to 3-years lows; down 4.49% or 0.62 to 13.18. Shares in Nagarro SE (ETR:NA9n) rose to 52-week highs; gaining 2.18% or 2.10 to 98.30. Shares in Siltronic AG (ETR:WAFGn) fell to 5-year lows; down 5.57% or 2.80 to 47.50.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.01% to 16.46.

Gold Futures for December delivery was up 0.62% or 16.15 to $2,630.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.19% or 0.13 to hit $69.04 a barrel, while the January Brent oil contract fell 0.26% or 0.19 to trade at $73.11 a barrel.

EUR/USD was unchanged 0.11% to 1.06, while EUR/GBP unchanged 0.05% to 0.84.

The US Dollar Index Futures was down 0.03% at 106.17.

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