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Germany stocks mixed at close of trade; DAX down 0.52%

Published 06/07/2024, 12:05 PM
Updated 06/07/2024, 12:06 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.52%
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Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Technology, Food & Beverages and Consumer & Cyclical sectors led shares higher while losses in the Financial Services, Construction and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.52%, while the MDAX index lost 0.60%, and the TecDAX index gained 0.32%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 3.68% or 1.35 points to trade at 38.01 at the close. Meanwhile, Covestro AG (ETR:1COV) added 2.54% or 1.20 points to end at 48.40 and Commerzbank AG O.N. (ETR:CBKG) was up 1.90% or 0.29 points to 15.57 in late trade.

The worst performers of the session were Vonovia SE (ETR:VNAn), which fell 7.23% or 2.08 points to trade at 26.68 at the close. Daimler Truck Holding AG (ETR:DTGGe) declined 4.21% or 1.69 points to end at 38.45 and Zalando SE (ETR:ZALG) was down 3.02% or 0.73 points to 23.42.

The top performers on the MDAX were CTS Eventim AG (ETR:EVDG) which rose 2.92% to 82.80, HelloFresh SE (ETR:HFGG) which was up 2.63% to settle at 5.85 and GEA Group AG (ETR:G1AG) which gained 1.99% to close at 37.96.

The worst performers were Befesa SA (ETR:BFSA) which was down 5.27% to 32.02 in late trade, LEG Immobilien AG (ETR:LEGn) which lost 4.99% to settle at 76.50 and United Internet AG NA (ETR:UTDI) which was down 3.61% to 22.40 at the close.

The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which rose 4.99% to 61.00, Infineon Technologies AG NA O.N. (ETR:IFXGn) which was up 3.68% to settle at 38.01 and Siltronic AG (ETR:WAFGn) which gained 1.41% to close at 75.50.

The worst performers were United Internet AG NA (ETR:UTDI) which was down 3.61% to 22.40 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 3.04% to settle at 93.95 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 2.36% to 244.00 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 327 to 276 and 39 ended unchanged.

Shares in Suess Microtec NA O.N. (ETR:SMHNn) rose to all time highs; gaining 4.99% or 2.90 to 61.00.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.34% to 13.04.

Gold Futures for August delivery was down 2.89% or 69.10 to $2,321.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.26% or 0.20 to hit $75.35 a barrel, while the August Brent oil contract fell 0.46% or 0.37 to trade at $79.50 a barrel.

EUR/USD was down 0.73% to 1.08, while EUR/GBP unchanged 0.25% to 0.85.

The US Dollar Index Futures was up 0.73% at 104.82.

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