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Germany shares lower at close of trade; DAX down 1.43%

Published 20-09-2024, 09:35 pm
© Reuters.  Germany shares lower at close of trade; DAX down 1.43%
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Investing.com – Germany equities were lower at the close on Friday, as losses in the DAX Technology, DAX Transportation & Logistics and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX declined 1.43%, while the MDAX index fell 1.54%, and the TecDAX index fell 2.27%.

The biggest gainers of the session on the DAX were Deutsche Boerse AG (ETR:DB1Gn), which rose 1.51% or 3.10 points to trade at 208.20 at the close. MTU Aero Engines NA O.N. (ETR:MTXGn) added 0.80% or 2.20 points to end at 278.50 and Siemens Energy AG (ETR:ENR1n) was up 0.78% or 0.25 points to 32.30 in late trade.

Biggest losers included Sartorius AG VZO O.N. (ETR:SATG_p), which fell 6.90% or 17.10 points to trade at 230.90 in late trade. Mercedes Benz Group AG (ETR:MBGn) declined 6.81% or 4.02 points to end at 54.99 and Brenntag AG (ETR:BNRGn) down 5.91% or 3.86 points to 61.48.

The top performers on the MDAX were LEG Immobilien AG (ETR:LEGn) which rose 0.17% to 92.16, Tag Immobilien AG (ETR:TEGG) which was unchanged 0.00% to settle at 15.95 and Scout24 AG (ETR:G24n) which lost 0.13% to close at 75.50.

The worst performers were Puma SE (ETR:PUMG) which was down 6.47% to 35.27 in late trade, Jungheinrich AG O.N.VZO (ETR:JUNG_p) which lost 5.51% to settle at 25.74 and Evotec AG O.N. (ETR:EVTG) which was down 5.36% to 6.01 at the close.

The top performers on the TecDAX were Atoss Software AG (ETR:AOFG) which rose 1.25% to 129.80, SUSS MicroTec SE (ETR:SMHNn) which was up 0.71% to settle at 56.90 and Deutsche Telekom AG Na (ETR:DTEGn) which gained 0.19% to close at 26.07.

The worst performers were Sartorius AG VZO O.N. (ETR:SATG_p) which was down 6.90% to 230.90 in late trade, Elmos Semiconductor AG (ETR:ELGG) which lost 6.55% to settle at 64.20 and Infineon Technologies AG NA O.N. (ETR:IFXGn) which was down 5.72% to 29.07 at the close.

Falling stocks outnumbered advancing ones by 444 to 178 and 23 ended unchanged on the Frankfurt Stock Exchange.

Shares in Mercedes Benz Group AG (ETR:MBGn) fell to 52-week lows; down 6.81% or 4.02 to 54.99. Shares in Siemens Energy AG (ETR:ENR1n) rose to 3-year highs; gaining 0.78% or 0.25 to 32.30. Shares in Brenntag AG (ETR:BNRGn) fell to 52-week lows; falling 5.91% or 3.86 to 61.48.

The DAX New Volatility, which measures the implied volatility of DAX options, was down 7.83% to 14.20.

Gold Futures for December delivery was up 1.20% or 31.25 to $2,645.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.30% or 0.21 to hit $70.95 a barrel, while the November Brent oil contract fell 0.57% or 0.43 to trade at $74.45 a barrel.

EUR/USD was unchanged 0.03% to 1.12, while EUR/GBP unchanged 0.17% to 0.84.

The US Dollar Index Futures was up 0.12% at 100.44.

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