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Germany stocks mixed at close of trade; DAX up 0.02%

Published 09/05/2024, 12:05 PM
Updated 09/05/2024, 12:06 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.02%
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Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Utilities, Food & Beverages and Financial Services sectors led shares higher while losses in the Construction, Software and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.02%, while the MDAX index added 0.34%, and the TecDAX index declined 0.40%.

The best performers of the session on the DAX were Bayer AG NA (ETR:BAYGN), which rose 3.89% or 1.09 points to trade at 28.98 at the close. Meanwhile, Deutsche Bank AG NA O.N. (ETR:DBKGn) added 3.23% or 0.47 points to end at 14.95 and RWE AG ST O.N. (ETR:RWEG) was up 2.04% or 0.66 points to 32.97 in late trade.

The worst performers of the session were Brenntag AG (ETR:BNRGn), which fell 2.16% or 1.44 points to trade at 65.26 at the close. Symrise AG Inh. O.N. (ETR:SY1G) declined 1.66% or 2.00 points to end at 118.50 and Rheinmetall AG (ETR:RHMG) was down 1.57% or 8.20 points to 515.20.

The top performers on the MDAX were Aroundtown Property Holdings PLC (ETR:AT1) which rose 4.05% to 2.44, Deutsche Lufthansa AG (ETR:LHAG) which was up 3.18% to settle at 5.91 and Lanxess AG (ETR:LXSG) which gained 3.08% to close at 25.13.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 4.89% to 87.50 in late trade, TeamViewer AG (ETR:TMV) which lost 3.58% to settle at 11.59 and Carl Zeiss Meditec AG (ETR:AFXG) which was down 2.47% to 59.20 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 2.88% to 6.07, PNE Wind AG (ETR:PNEGn) which was up 2.10% to settle at 11.68 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 1.99% to close at 235.50.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 4.89% to 87.50 in late trade, Atoss Software AG (ETR:AOFG) which lost 4.88% to settle at 132.60 and TeamViewer AG (ETR:TMV) which was down 3.58% to 11.59 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 338 to 278 and 23 ended unchanged.

Shares in Carl Zeiss Meditec AG (ETR:AFXG) fell to 5-year lows; falling 2.47% or 1.50 to 59.20.

The DAX volatility index, which measures the implied volatility of DAX options, was up 8.97% to 17.66.

Gold Futures for December delivery was up 0.49% or 12.35 to $2,538.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.35% or 0.24 to hit $69.44 a barrel, while the November Brent oil contract rose 0.34% or 0.25 to trade at $72.95 a barrel.

EUR/USD was unchanged 0.18% to 1.11, while EUR/GBP unchanged 0.01% to 0.84.

The US Dollar Index Futures was down 0.21% at 101.09.

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