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Germany stocks mixed at close of trade; DAX down 0.11%

Published 04/24/2023, 01:15 PM
Updated 04/24/2023, 01:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX down 0.11%

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Food & Beverages, Chemicals and Insurance sectors led shares higher while losses in the Construction, Technology and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.11%, while the MDAX index fell 0.05%, and the TecDAX index climbed 0.78%.

The best performers of the session on the DAX were Siemens Healthineers AG (ETR:SHLG), which rose 3.58% or 2.00 points to trade at 57.84 at the close. Meanwhile, Sartorius AG VZO O.N. (ETR:SATG_p) added 2.94% or 10.30 points to end at 360.70 and Brenntag AG (ETR:BNRGn) was up 2.69% or 1.98 points to 75.50 in late trade.

The worst performers of the session were Zalando SE (ETR:ZALG), which fell 2.16% or 0.81 points to trade at 36.64 at the close. Infineon Technologies AG NA O.N. (ETR:IFXGn) declined 1.52% or 0.52 points to end at 34.12 and SAP SE (ETR:SAPG) was down 1.46% or 1.78 points to 119.88.

The top performers on the MDAX were Nordex SE O.N. (ETR:NDXG) which rose 2.99% to 11.19, Gerresheimer AG (ETR:GXIG) which was up 2.78% to settle at 90.60 and Sixt SE (ETR:SIXG) which gained 1.86% to close at 109.80.

The worst performers were Thyssenkrupp AG O.N. (ETR:TKAG) which was down 13.01% to 6.35 in late trade, HelloFresh SE (ETR:HFGG) which lost 2.46% to settle at 24.95 and Aroundtown Property Holdings PLC (ETR:AT1) which was down 2.25% to 1.20 at the close.

The top performers on the TecDAX were Software AG (ETR:SOWGn) which rose 49.02% to 29.76, Eckert & Ziegler AG O.N. (ETR:EUZG) which was up 3.92% to settle at 46.08 and Morphosys AG O.N. (ETR:MORG) which gained 3.58% to close at 19.67.

The worst performers were Nagarro SE (ETR:NA9n) which was down 2.24% to 98.05 in late trade, Infineon Technologies AG NA O.N. (ETR:IFXGn) which lost 1.52% to settle at 34.12 and SAP SE (ETR:SAPG) which was down 1.46% to 119.88 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 340 to 317 and 94 ended unchanged.

Shares in Siemens Healthineers AG (ETR:SHLG) rose to 52-week highs; rising 3.58% or 2.00 to 57.84. Shares in Brenntag AG (ETR:BNRGn) rose to 52-week highs; gaining 2.69% or 1.98 to 75.50.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.43% to 17.06.

Gold Futures for June delivery was up 0.43% or 8.65 to $1,999.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.12% or 0.87 to hit $78.74 a barrel, while the July Brent oil contract rose 1.24% or 1.01 to trade at $82.47 a barrel.

EUR/USD was unchanged 0.45% to 1.10, while EUR/GBP unchanged 0.17% to 0.89.

The US Dollar Index Futures was down 0.39% at 101.16.

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