🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Germany stocks lower at close of trade; DAX down 0.83%

Published 09/04/2024, 12:05 PM
Updated 09/04/2024, 12:06 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.83%
EUR/USD
-
DE40
-
DX
-
GC
-
LCO
-
MDAXI
-
TECDAX
-
V1XI
-

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

At the close in Frankfurt, the DAX fell 0.83%, while the MDAX index lost 0.55%, and the TecDAX index declined 1.53%.

The best performers of the session on the DAX were Vonovia SE (ETR:VNAn), which rose 2.48% or 0.78 points to trade at 32.23 at the close. Meanwhile, Deutsche Telekom AG Na (ETR:DTEGn) added 1.16% or 0.30 points to end at 26.12 and Deutsche Boerse AG (ETR:DB1Gn) was up 0.84% or 1.70 points to 203.70 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (ETR:IFXGn), which fell 3.82% or 1.20 points to trade at 30.09 at the close. Daimler Truck Holding AG (ETR:DTGGe) declined 3.29% or 1.08 points to end at 31.70 and Commerzbank AG O.N. (ETR:CBKG) was down 2.71% or 0.35 points to 12.73.

The top performers on the MDAX were Tag Immobilien AG (ETR:TEGG) which rose 5.06% to 15.58, LEG Immobilien AG (ETR:LEGn) which was up 3.23% to settle at 91.32 and Redcare Pharmacy NV (ETR:RDC) which gained 2.99% to close at 120.70.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 5.82% to 60.70 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 5.45% to settle at 5.90 and HelloFresh SE (ETR:HFGG) which was down 4.92% to 6.80 at the close.

The top performers on the TecDAX were Nordex SE O.N. (ETR:NDXG) which rose 2.62% to 14.51, Deutsche Telekom AG Na (ETR:DTEGn) which was up 1.16% to settle at 26.12 and Energiekontor AG (ETR:EKTG) which gained 1.08% to close at 56.20.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 5.82% to 60.70 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 5.45% to settle at 5.90 and SUSS MicroTec SE (ETR:SMHNn) which was down 4.82% to 51.30 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 411 to 194 and 31 ended unchanged.

Shares in Vonovia SE (ETR:VNAn) rose to 52-week highs; gaining 2.48% or 0.78 to 32.23. Shares in Deutsche Telekom AG Na (ETR:DTEGn) rose to all time highs; up 1.16% or 0.30 to 26.12. Shares in Deutsche Boerse AG (ETR:DB1Gn) rose to all time highs; gaining 0.84% or 1.70 to 203.70. Shares in Tag Immobilien AG (ETR:TEGG) rose to 52-week highs; rising 5.06% or 0.75 to 15.58. Shares in LEG Immobilien AG (ETR:LEGn) rose to 52-week highs; up 3.23% or 2.86 to 91.32. Shares in Deutsche Telekom AG Na (ETR:DTEGn) rose to all time highs; rising 1.16% or 0.30 to 26.12.

The DAX volatility index, which measures the implied volatility of DAX options, was up 13.64% to 16.21.

Gold Futures for December delivery was up 0.08% or 1.90 to $2,524.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.95% or 0.67 to hit $69.67 a barrel, while the November Brent oil contract fell 0.83% or 0.61 to trade at $73.14 a barrel.

EUR/USD was unchanged 0.32% to 1.11, while EUR/GBP unchanged 0.14% to 0.84.

The US Dollar Index Futures was down 0.43% at 101.33.

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.