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Germany stocks lower at close of trade; DAX down 0.36%

Published 08/20/2024, 12:05 PM
Updated 08/20/2024, 12:06 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.36%
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Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Construction, Pharmaceuticals & Healthcare and Transportation & Logistics sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.36%, while the MDAX index declined 0.80%, and the TecDAX index fell 0.71%.

The best performers of the session on the DAX were Henkel & Co KGaA AG Pref (ETR:HNKG_p), which rose 1.75% or 1.36 points to trade at 79.26 at the close. Meanwhile, E.ON SE (ETR:EONGn) added 1.18% or 0.15 points to end at 12.39 and Zalando SE (ETR:ZALG) was up 0.84% or 0.20 points to 24.10 in late trade.

The worst performers of the session were Siemens Energy AG (ETR:ENR1n), which fell 3.50% or 0.89 points to trade at 24.52 at the close. Rheinmetall AG (ETR:RHMG) declined 3.01% or 16.60 points to end at 534.60 and Bayer AG NA (ETR:BAYGN) was down 2.80% or 0.82 points to 28.27.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 1.83% to 7.34, Gerresheimer AG (ETR:GXIG) which was up 1.66% to settle at 97.90 and Tag Immobilien AG (ETR:TEGG) which gained 0.69% to close at 14.52.

The worst performers were K+S AG (ETR:SDFGn) which was down 4.05% to 10.53 in late trade, Stabilus (ETR:STM1) which lost 3.80% to settle at 41.80 and Aixtron SE (ETR:AIXGn) which was down 3.13% to 18.24 at the close.

The top performers on the TecDAX were Elmos Semiconductor AG (ETR:ELGG) which rose 3.00% to 79.00, Atoss Software AG (ETR:AOFG) which was up 0.85% to settle at 142.60 and Jenoptik AG (ETR:JENGn) which gained 0.43% to close at 28.32.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 3.21% to 21.74 in late trade, Aixtron SE (ETR:AIXGn) which lost 3.13% to settle at 18.24 and Kontron AG (ETR:KTN) which was down 2.71% to 16.54 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 405 to 207 and 26 ended unchanged.

Shares in K+S AG (ETR:SDFGn) fell to 3-years lows; down 4.05% or 0.44 to 10.53. Shares in SMA Solar Technology AG (ETR:S92G) fell to 3-years lows; losing 3.21% or 0.72 to 21.74. Shares in Atoss Software AG (ETR:AOFG) rose to 52-week highs; up 0.85% or 1.20 to 142.60. Shares in Kontron AG (ETR:KTN) fell to 52-week lows; falling 2.71% or 0.46 to 16.54.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.93% to 13.98.

Gold Futures for December delivery was up 0.07% or 1.90 to $2,543.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.41% or 0.30 to hit $73.36 a barrel, while the October Brent oil contract fell 0.42% or 0.33 to trade at $77.33 a barrel.

EUR/USD was unchanged 0.22% to 1.11, while EUR/GBP unchanged 0.08% to 0.85.

The US Dollar Index Futures was down 0.32% at 101.41.

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