Germany shares mixed at close of trade; DAX down 0.16%

Published 24-03-2025, 10:35 pm
© Reuters. Germany shares mixed at close of trade; DAX down 0.16%

Investing.com – Germany equities were mixed at the close on Monday, as gains in the DAX Technology, DAX Food & Beverage and DAX Software sectors led shares higher while losses in the DAX Construction, DAX Financial Services and DAX Telecom sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.16%, while the MDAX index climbed 0.05%, and the TecDAX index gained 0.69%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 3.31% or 1.10 points to trade at 34.35 at the close. Deutsche Bank AG NA O.N. (ETR:DBKGn) added 2.60% or 0.58 points to end at 22.86 and Zalando SE (ETR:ZALG) was up 1.81% or 0.56 points to 31.57 in late trade.

Biggest losers included Bayer AG NA (ETR:BAYGN), which fell 6.94% or 1.67 points to trade at 22.41 in late trade. Beiersdorf AG O.N. (ETR:BEIG) declined 4.17% or 5.30 points to end at 121.90 and Vonovia SE (ETR:VNAn) down 3.77% or 0.96 points to 24.48.

The top performers on the MDAX were Carl Zeiss Meditec AG (ETR:AFXG) which rose 5.16% to 67.25, Evotec AG O.N. (ETR:EVTG) which was up 4.98% to settle at 6.64 and Aurubis AG (ETR:NAFG) which gained 4.08% to close at 93.20.

The worst performers were AUTO1 Group SE (ETR:AG1G) which was down 4.80% to 21.40 in late trade, Deutsche Wohnen AG (ETR:DWNG) which lost 3.63% to settle at 19.90 and Hochtief AG (ETR:HOTG) which was down 3.55% to 168.40 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (ETR:AFXG) which rose 5.16% to 67.25, Evotec AG O.N. (ETR:EVTG) which was up 4.98% to settle at 6.64 and Infineon Technologies AG NA O.N. (ETR:IFXGn) which gained 3.31% to close at 34.35.

The worst performers were Nordex SE O.N. (ETR:NDXG) which was down 2.64% to 15.48 in late trade, PNE Wind AG (ETR:PNEGn) which lost 1.53% to settle at 14.18 and Deutsche Telekom AG Na (ETR:DTEGn) which was down 1.36% to 33.30 at the close.

Rising stocks outnumbered declining ones by 351 to 289 and 25 ended unchanged on the Frankfurt Stock Exchange.

Shares in Vonovia SE (ETR:VNAn) fell to 52-week lows; down 3.77% or 0.96 to 24.48.

The DAX New Volatility, which measures the implied volatility of DAX options, was up 2.83% to 22.81 a new 6-month high.

Gold Futures for June delivery was down 0.16% or 4.94 to $3,043.46 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.00% or 0.68 to hit $68.96 a barrel, while the June Brent oil contract rose 0.85% or 0.61 to trade at $72.22 a barrel.

EUR/USD was unchanged 0.18% to 1.08, while EUR/GBP unchanged 0.10% to 0.84.

The US Dollar Index Futures was up 0.29% at 104.04.

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