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Germany stocks mixed at close of trade; DAX down 0.41%

Published 07/03/2023, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.41%

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Retail, Food & Beverages and Utilities sectors led shares higher while losses in the Construction, Software and Technology sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.41%, while the MDAX index climbed 0.30%, and the TecDAX index fell 0.81%.

The best performers of the session on the DAX were Vonovia SE (ETR:VNAn), which rose 2.46% or 0.44 points to trade at 18.34 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (ETR:FREG) added 2.17% or 0.55 points to end at 25.92 and RWE AG ST O.N. (ETR:RWEG) was up 1.25% or 0.50 points to 40.37 in late trade.

The worst performers of the session were Continental AG O.N. (ETR:CONG), which fell 3.85% or 2.66 points to trade at 66.44 at the close. Porsche Automobil Holding SE (ETR:PSHG_p) declined 3.30% or 1.82 points to end at 53.34 and Siemens AG Class N (ETR:SIEGn) was down 2.46% or 3.76 points to 148.78.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 6.06% to 23.97, Tag Immobilien AG (ETR:TEGG) which was up 5.22% to settle at 9.11 and LEG Immobilien AG (ETR:LEGn) which gained 4.86% to close at 55.20.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 3.66% to 107.80 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 3.32% to settle at 66.36 and Knorr-Bremse AG (ETR:KBX) which was down 3.12% to 67.80 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 5.08% to 83.80, United Internet AG NA (ETR:UTDI) which was up 1.40% to settle at 13.08 and Freenet AG NA (ETR:FNTGn) which gained 1.22% to close at 23.26.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 5.10% to 25.84 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 3.66% to settle at 107.80 and Nemetschek AG O.N. (ETR:NEKG) which was down 3.32% to 66.36 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 378 to 292 and 72 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.63% to 13.74.

Gold Futures for August delivery was up 0.01% or 0.15 to $1,929.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.61% or 0.43 to hit $70.21 a barrel, while the September Brent oil contract fell 0.50% or 0.38 to trade at $75.03 a barrel.

EUR/USD was unchanged 0.03% to 1.09, while EUR/GBP unchanged 0.00% to 0.86.

The US Dollar Index Futures was up 0.04% at 102.63.

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