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Germany shares mixed at close of trade; DAX down 0.52%

Published 07-06-2024, 09:35 pm
Updated 07-06-2024, 09:37 pm
© Reuters.  Germany shares mixed at close of trade; DAX down 0.52%

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

At the close in Frankfurt, the DAX lost 0.52%, while the MDAX index lost 0.60%, and the TecDAX index gained 0.32%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 3.68% or 1.35 points to trade at 38.01 at the close. Covestro AG (ETR:1COV) added 2.54% or 1.20 points to end at 48.40 and Commerzbank AG O.N. (ETR:CBKG) was up 1.90% or 0.29 points to 15.57 in late trade.

Biggest losers included Vonovia SE (ETR:VNAn), which fell 7.23% or 2.08 points to trade at 26.68 in late trade. Daimler Truck Holding AG (ETR:DTGGe) declined 4.21% or 1.69 points to end at 38.45 and Zalando SE (ETR:ZALG) down 3.02% or 0.73 points to 23.42.

The top performers on the MDAX were CTS Eventim AG (ETR:EVDG) which rose 2.92% to 82.80, HelloFresh SE (ETR:HFGG) which was up 2.63% to settle at 5.85 and GEA Group AG (ETR:G1AG) which gained 1.99% to close at 37.96.

The worst performers were Befesa SA (ETR:BFSA) which was down 5.27% to 32.02 in late trade, LEG Immobilien AG (ETR:LEGn) which lost 4.99% to settle at 76.50 and United Internet AG NA (ETR:UTDI) which was down 3.61% to 22.40 at the close.

The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which rose 4.99% to 61.00, Infineon Technologies AG NA O.N. (ETR:IFXGn) which was up 3.68% to settle at 38.01 and Siltronic AG (ETR:WAFGn) which gained 1.41% to close at 75.50.

The worst performers were United Internet AG NA (ETR:UTDI) which was down 3.61% to 22.40 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 3.04% to settle at 93.95 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 2.36% to 244.00 at the close.

Falling stocks outnumbered advancing ones by 327 to 276 and 39 ended unchanged on the Frankfurt Stock Exchange.

Shares in Suess Microtec NA O.N. (ETR:SMHNn) rose to all time highs; gaining 4.99% or 2.90 to 61.00.

The DAX New Volatility, which measures the implied volatility of DAX options, was down 4.34% to 13.04.

Gold Futures for August delivery was down 2.85% or 68.20 to $2,322.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.21% or 0.16 to hit $75.39 a barrel, while the August Brent oil contract fell 0.40% or 0.32 to trade at $79.55 a barrel.

EUR/USD was down 0.72% to 1.08, while EUR/GBP unchanged 0.25% to 0.85.

The US Dollar Index Futures was up 0.73% at 104.82.

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