📖 Your Q2 Earnings Guide: Discover the Stocks ProPicks AI Highlights to Jump Post-EarningsRead more

Germany stocks lower at close of trade; DAX down 1.34%

Published 07/09/2024, 12:05 PM
Updated 07/09/2024, 12:06 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 1.34%
EUR/USD
-
EUR/GBP
-
DE40
-
DX
-
GC
-
LCO
-
MDAXI
-
TECDAX
-
V1XI
-

Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Construction, Technology and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX lost 1.34%, while the MDAX index declined 1.27%, and the TecDAX index declined 1.70%.

The best performers of the session on the DAX were Covestro AG (ETR:1COV), which rose 0.88% or 0.48 points to trade at 55.32 at the close. Meanwhile, Rheinmetall AG (ETR:RHMG) added 0.76% or 3.80 points to end at 500.80 and Bayerische Motoren Werke AG (ETR:BMWG) was up 0.67% or 0.58 points to 87.70 in late trade.

The worst performers of the session were Mercedes Benz Group AG (ETR:MBGn), which fell 3.43% or 2.24 points to trade at 63.15 at the close. Airbus Group SE (ETR:AIRG) declined 2.84% or 3.86 points to end at 131.82 and Bayer AG NA (ETR:BAYGN) was down 2.71% or 0.71 points to 25.35.

The top performers on the MDAX were LEG Immobilien AG (ETR:LEGn) which rose 1.51% to 77.96, Redcare Pharmacy NV (ETR:RDC) which was up 1.46% to settle at 138.70 and Tag Immobilien AG (ETR:TEGG) which gained 1.45% to close at 14.00.

The worst performers were HelloFresh SE (ETR:HFGG) which was down 7.97% to 5.66 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 4.58% to settle at 9.39 and Aixtron SE (ETR:AIXGn) which was down 4.56% to 20.52 at the close.

The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which rose 0.31% to 65.00, Siemens Healthineers AG (ETR:SHLG) which was up 0.22% to settle at 53.54 and Eckert & Ziegler AG O.N. (ETR:EUZG) which gained 0.09% to close at 44.82.

The worst performers were CompuGroup Medical AG O.N. (ETR:COP1n) which was down 32.16% to 16.20 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 4.63% to settle at 26.38 and Evotec AG O.N. (ETR:EVTG) which was down 4.58% to 9.39 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 475 to 186 and 24 ended unchanged.

Shares in Covestro AG (ETR:1COV) rose to 52-week highs; rising 0.88% or 0.48 to 55.32. Shares in Bayer AG NA (ETR:BAYGN) fell to 5-year lows; losing 2.71% or 0.71 to 25.35. Shares in Suess Microtec NA O.N. (ETR:SMHNn) rose to all time highs; gaining 0.31% or 0.20 to 65.00. Shares in CompuGroup Medical AG O.N. (ETR:COP1n) fell to 5-year lows; losing 32.16% or 7.68 to 16.20.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.20% to 12.62 a new 1-month low.

Gold Futures for August delivery was up 0.21% or 5.05 to $2,368.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.25% or 1.03 to hit $81.30 a barrel, while the September Brent oil contract fell 1.32% or 1.13 to trade at $84.62 a barrel.

EUR/USD was unchanged 0.09% to 1.08, while EUR/GBP unchanged 0.06% to 0.85.

The US Dollar Index Futures was up 0.16% at 104.83.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.