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Germany stocks mixed at close of trade; DAX up 0.28%

Published 06/27/2024, 12:05 PM
Updated 06/27/2024, 12:06 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.28%
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Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Food & Beverages, Financial Services and Industrials sectors led shares higher while losses in the Construction, Retail and Utilities sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.28%, while the MDAX index gained 0.11%, and the TecDAX index fell 0.03%.

The best performers of the session on the DAX were MTU Aero Engines NA O.N. (ETR:MTXGn), which rose 5.57% or 12.30 points to trade at 233.20 at the close. Meanwhile, Siemens AG Class N (ETR:SIEGn) added 2.55% or 4.32 points to end at 173.54 and Heidelbergcement AG O.N. (ETR:HEIG) was up 1.90% or 1.80 points to 96.38 in late trade.

The worst performers of the session were Rheinmetall AG (ETR:RHMG), which fell 2.92% or 14.30 points to trade at 475.80 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 2.65% or 5.90 points to end at 216.60 and Beiersdorf AG O.N. (ETR:BEIG) was down 2.50% or 3.55 points to 138.45.

The top performers on the MDAX were Aroundtown Property Holdings PLC (ETR:AT1) which rose 4.67% to 1.93, Gerresheimer AG (ETR:GXIG) which was up 3.37% to settle at 101.30 and LEG Immobilien AG (ETR:LEGn) which gained 2.58% to close at 76.28.

The worst performers were HelloFresh SE (ETR:HFGG) which was down 5.03% to 4.49 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 3.36% to settle at 8.48 and Delivery Hero AG (ETR:DHER) which was down 2.57% to 22.75 at the close.

The top performers on the TecDAX were Cancom SE O.N. (ETR:COKG) which rose 3.72% to 32.94, Suess Microtec NA O.N. (ETR:SMHNn) which was up 3.23% to settle at 60.70 and Siemens Healthineers AG (ETR:SHLG) which gained 1.73% to close at 55.36.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 3.36% to 8.48 in late trade, Elmos Semiconductor AG (ETR:ELGG) which lost 2.73% to settle at 74.80 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 2.65% to 216.60 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 322 to 277 and 26 ended unchanged.

Shares in HelloFresh SE (ETR:HFGG) fell to all time lows; down 5.03% or 0.24 to 4.49. Shares in Cancom SE O.N. (ETR:COKG) rose to 52-week highs; up 3.72% or 1.18 to 32.94.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.01% to 16.08.

Gold Futures for August delivery was up 1.10% or 25.45 to $2,338.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.57% or 0.46 to hit $81.36 a barrel, while the September Brent oil contract rose 0.46% or 0.39 to trade at $84.86 a barrel.

EUR/USD was unchanged 0.28% to 1.07, while EUR/GBP unchanged 0.01% to 0.85.

The US Dollar Index Futures was down 0.17% at 105.54.

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