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Germany stocks mixed at close of trade; DAX down 0.31%

Published 11/20/2024, 12:05 PM
Updated 11/20/2024, 12:06 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.31%
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Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Food & Beverages, Retail and Software sectors led shares higher while losses in the Construction, Pharmaceuticals & Healthcare and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.31%, while the MDAX index declined 0.27%, and the TecDAX index climbed 0.18%.

The best performers of the session on the DAX were Brenntag AG (ETR:BNRGn), which rose 1.92% or 1.12 points to trade at 59.42 at the close. Meanwhile, Siemens Healthineers AG (ETR:SHLG) added 0.73% or 0.36 points to end at 49.70 and Qiagen NV (ETR:QIA) was up 0.50% or 0.19 points to 38.84 in late trade.

The worst performers of the session were Dr Ing hc F Porsche AG Preferred (ETR:P911_p), which fell 4.52% or 2.76 points to trade at 58.34 at the close. Bayer AG NA (ETR:BAYGN) declined 3.03% or 0.61 points to end at 19.54 and Mercedes Benz Group AG (ETR:MBGn) was down 1.85% or 0.98 points to 51.89.

The top performers on the MDAX were TeamViewer AG (ETR:TMV) which rose 3.34% to 11.76, Delivery Hero AG (ETR:DHER) which was up 2.71% to settle at 37.19 and Thyssenkrupp AG O.N. (ETR:TKAG) which gained 2.21% to close at 3.88.

The worst performers were Jenoptik AG (ETR:JENGn) which was down 3.08% to 20.76 in late trade, Siltronic AG (ETR:WAFGn) which lost 2.27% to settle at 46.42 and Bechtle AG (ETR:BC8G) which was down 2.25% to 32.20 at the close.

The top performers on the TecDAX were TeamViewer AG (ETR:TMV) which rose 3.34% to 11.76, Evotec AG O.N. (ETR:EVTG) which was up 2.96% to settle at 9.90 and 11 AG (ETR:1U1) which gained 1.72% to close at 11.86.

The worst performers were Nagarro SE (ETR:NA9n) which was down 3.97% to 94.40 in late trade, Jenoptik AG (ETR:JENGn) which lost 3.08% to settle at 20.76 and Kontron AG (ETR:KTN) which was down 2.80% to 17.00 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 352 to 263 and 36 ended unchanged.

Shares in Dr Ing hc F Porsche AG Preferred (ETR:P911_p) fell to all time lows; falling 4.52% or 2.76 to 58.34. Shares in Bayer AG NA (ETR:BAYGN) fell to 5-year lows; falling 3.03% or 0.61 to 19.54. Shares in Jenoptik AG (ETR:JENGn) fell to 52-week lows; down 3.08% or 0.66 to 20.76. Shares in Siltronic AG (ETR:WAFGn) fell to 5-year lows; falling 2.27% or 1.08 to 46.42. Shares in Jenoptik AG (ETR:JENGn) fell to 52-week lows; losing 3.08% or 0.66 to 20.76.

The DAX volatility index, which measures the implied volatility of DAX options, was up 6.83% to 17.59.

Gold Futures for December delivery was up 0.96% or 25.35 to $2,656.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.03% or 0.02 to hit $69.26 a barrel, while the January Brent oil contract fell 0.05% or 0.04 to trade at $73.27 a barrel.

EUR/USD was down 0.73% to 1.05, while EUR/GBP unchanged 0.35% to 0.83.

The US Dollar Index Futures was up 0.60% at 106.78.

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