🤯 Have you seen our AI stock pickers’ 2024 results? 84.62%! Grab November’s list now.Pick Stocks with AI

Germany stocks lower at close of trade; DAX down 1.03%

Published 10/31/2024, 01:05 PM
Updated 10/31/2024, 01:06 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.03%
EUR/USD
-
EUR/GBP
-
DE40
-
DX
-
GC
-
LCO
-
MDAXI
-
TECDAX
-
V1XI
-

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

At the close in Frankfurt, the DAX declined 1.03%, while the MDAX index lost 1.26%, and the TecDAX index lost 1.51%.

The best performers of the session on the DAX were Fresenius SE & Co KGAA O.N. (ETR:FREG), which rose 0.81% or 0.27 points to trade at 33.52 at the close. Meanwhile, Deutsche Bank AG NA O.N. (ETR:DBKGn) added 0.80% or 0.12 points to end at 15.62 and Sartorius AG VZO O.N. (ETR:SATG_p) was up 0.76% or 1.80 points to 237.70 in late trade.

The worst performers of the session were Zalando SE (ETR:ZALG), which fell 3.80% or 1.09 points to trade at 27.62 at the close. Rheinmetall AG (ETR:RHMG) declined 2.57% or 12.50 points to end at 473.20 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was down 2.34% or 0.69 points to 29.02.

The top performers on the MDAX were Stabilus (ETR:STM1) which rose 6.91% to 36.35, Fresenius Medical Care KGAA ST (ETR:FMEG) which was up 1.56% to settle at 35.91 and Jungheinrich AG O.N.VZO (ETR:JUNG_p) which gained 1.45% to close at 25.12.

The worst performers were Knorr-Bremse AG (ETR:KBX) which was down 6.20% to 75.60 in late trade, Aroundtown Property Holdings PLC (ETR:AT1) which lost 5.31% to settle at 2.73 and Carl Zeiss Meditec AG (ETR:AFXG) which was down 4.87% to 57.60 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 0.76% to 237.70, 11 AG (ETR:1U1) which was up 0.62% to settle at 12.94 and Elmos Semiconductor AG (ETR:ELGG) which gained 0.55% to close at 54.90.

The worst performers were Atoss Software AG (ETR:AOFG) which was down 6.19% to 121.20 in late trade, Carl Zeiss Meditec AG (ETR:AFXG) which lost 4.87% to settle at 57.60 and Kontron AG (ETR:KTN) which was down 4.80% to 15.47 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 428 to 188 and 27 ended unchanged.

Shares in Kontron AG (ETR:KTN) fell to 52-week lows; falling 4.80% or 0.78 to 15.47.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.42% to 18.31.

Gold Futures for December delivery was down 1.75% or 49.00 to $2,751.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.70% or 0.48 to hit $69.09 a barrel, while the January Brent oil contract rose 0.60% or 0.43 to trade at $72.59 a barrel.

EUR/USD was unchanged 0.05% to 1.09, while EUR/GBP rose 0.78% to 0.84.

The US Dollar Index Futures was up 0.15% at 104.02.

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.