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Germany shares mixed at close of trade; DAX down 0.18%

Published 16-10-2024, 09:35 pm
©  Reuters Germany shares mixed at close of trade; DAX down 0.18%
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Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the DAX Food & Beverage, DAX Media and DAX Financial Services sectors led shares higher while losses in the DAX Consumer & Cyclical, DAX Construction and Pharmaceuticals & Healthcare sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.18%, while the MDAX index gained 0.48%, and the TecDAX index declined 0.01%.

The biggest gainers of the session on the DAX were MTU Aero Engines NA O.N. (ETR:MTXGn), which rose 1.61% or 4.90 points to trade at 308.80 at the close. Vonovia SE (ETR:VNAn) added 1.20% or 0.39 points to end at 32.83 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 1.04% or 0.17 points to 16.08 in late trade.

Biggest losers included Adidas AG (ETR:ADSGN), which fell 6.26% or 15.00 points to trade at 224.70 in late trade. Sartorius AG VZO O.N. (ETR:SATG_p) declined 4.03% or 9.60 points to end at 228.60 and Qiagen NV (ETR:QIA) down 2.04% or 0.83 points to 40.02.

The top performers on the MDAX were Puma SE (ETR:PUMG) which rose 3.60% to 39.18, Hypoport AG (ETR:HYQGn) which was up 3.53% to settle at 293.20 and Aurubis AG (ETR:NAFG) which gained 3.34% to close at 64.95.

The worst performers were Jenoptik AG (ETR:JENGn) which was down 4.73% to 25.40 in late trade, Stabilus (ETR:STM1) which lost 1.77% to settle at 36.15 and HelloFresh SE (ETR:HFGG) which was down 1.69% to 8.86 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 17.49% to 93.70, Evotec AG O.N. (ETR:EVTG) which was up 2.66% to settle at 5.41 and 11 AG (ETR:1U1) which gained 2.03% to close at 14.06.

The worst performers were Jenoptik AG (ETR:JENGn) which was down 4.73% to 25.40 in late trade, Sartorius AG VZO O.N. (ETR:SATG_p) which lost 4.03% to settle at 228.60 and SMA Solar Technology AG (ETR:S92G) which was down 3.19% to 15.15 at the close.

Rising stocks outnumbered declining ones by 312 to 308 and 29 ended unchanged on the Frankfurt Stock Exchange.

Shares in MTU Aero Engines NA O.N. (ETR:MTXGn) rose to all time highs; up 1.61% or 4.90 to 308.80. Shares in SMA Solar Technology AG (ETR:S92G) fell to 5-year lows; down 3.19% or 0.50 to 15.15.

The DAX New Volatility, which measures the implied volatility of DAX options, was up 2.44% to 16.43.

Gold Futures for December delivery was up 0.21% or 5.75 to $2,684.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.16% or 0.11 to hit $70.47 a barrel, while the December Brent oil contract fell 0.03% or 0.02 to trade at $74.23 a barrel.

EUR/USD was unchanged 0.16% to 1.09, while EUR/GBP unchanged 0.40% to 0.84.

The US Dollar Index Futures was up 0.21% at 103.28.

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