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Germany shares lower at close of trade; DAX down 0.66%

Published 11-06-2024, 09:35 pm
Updated 11-06-2024, 09:37 pm
© Reuters.  Germany shares lower at close of trade; DAX down 0.66%
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Investing.com – Germany equities were lower at the close on Tuesday, as losses in the DAX Construction, DAX Transportation & Logistics and DAX Media sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.66% to hit a new 1-month low, while the MDAX index fell 0.91%, and the TecDAX index lost 0.57%.

The biggest gainers of the session on the DAX were Covestro AG (ETR:1COV), which rose 7.13% or 3.46 points to trade at 51.96 at the close. Brenntag AG (ETR:BNRGn) added 1.23% or 0.80 points to end at 65.88 and BASF SE NA O.N. (ETR:BASFN) was up 0.63% or 0.29 points to 46.44 in late trade.

Biggest losers included Commerzbank AG O.N. (ETR:CBKG), which fell 3.29% or 0.51 points to trade at 14.84 in late trade. Deutsche Bank AG NA O.N. (ETR:DBKGn) declined 3.17% or 0.48 points to end at 14.80 and Rheinmetall AG (ETR:RHMG) down 2.63% or 14.00 points to 517.40.

The top performers on the MDAX were Redcare Pharmacy NV (ETR:RDC) which rose 2.25% to 118.10, Evotec AG O.N. (ETR:EVTG) which was up 2.13% to settle at 8.87 and Evonik Industries AG (ETR:EVKn) which gained 1.67% to close at 18.82.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 5.27% to 43.54 in late trade, Hensoldt Ag (ETR:HAGG) which lost 5.19% to settle at 34.72 and United Internet AG NA (ETR:UTDI) which was down 4.26% to 21.58 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 2.13% to 8.87, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 0.80% to settle at 25.34 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 0.41% to close at 86.30.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 5.27% to 43.54 in late trade, Hensoldt Ag (ETR:HAGG) which lost 5.19% to settle at 34.72 and United Internet AG NA (ETR:UTDI) which was down 4.26% to 21.58 at the close.

Falling stocks outnumbered advancing ones by 432 to 177 and 36 ended unchanged on the Frankfurt Stock Exchange.

Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; falling 5.27% or 2.42 to 43.54. Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; falling 5.27% or 2.42 to 43.54.

The DAX New Volatility, which measures the implied volatility of DAX options, was up 7.61% to 13.95.

Gold Futures for August delivery was up 0.09% or 2.00 to $2,329.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.46% or 0.36 to hit $78.10 a barrel, while the August Brent oil contract rose 0.56% or 0.46 to trade at $82.09 a barrel.

EUR/USD was unchanged 0.26% to 1.07, while EUR/GBP unchanged 0.20% to 0.84.

The US Dollar Index Futures was down 0.14% at 104.96.

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