December 27, 2024

Germany stocks mixed at close of trade; DAX up 0.55%

Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Food & Beverages , Software and Technology sectors led shares higher while losses in the Construction , Retail and Basic Resources sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.55%, while the MDAX index declined 0.05%, and the TecDAX index gained 0.60%.

The best performers of the session on the DAX were Porsche Automobil Holding SE (ETR: PSHG_p ), which rose 2.59% or 0.91 points to trade at 36.09 at the close. Meanwhile, Brenntag AG (ETR: BNRGn ) added 2.26% or 1.30 points to end at 58.70 and Bayer AG NA (ETR: BAYGN ) was up 2.08% or 0.39 points to 19.28 in late trade.

The worst performers of the session were Siemens Energy AG (ETR: ENR1n ), which fell 2.03% or 1.04 points to trade at 50.08 at the close. Munich Reinsurance (ETR: MUVGn ) declined 0.78% or 3.90 points to end at 493.00 and Hannover Rueck SE (ETR: HNRGn ) was down 0.33% or 0.80 points to 243.90.

The top performers on the MDAX were Bechtle AG (ETR: BC8G ) which rose 2.84% to 31.88, Siltronic AG (ETR: WAFGn ) which was up 2.62% to settle at 47.02 and Jungheinrich AG O.N.VZO (ETR: JUNG_p ) which gained 2.09% to close at 25.46.

The worst performers were Delivery Hero AG (ETR: DHER ) which was down 5.39% to 27.04 in late trade, Nordex SE O.N. (ETR: NDXG ) which lost 3.33% to settle at 11.31 and Tui AG NA (ETR: TUI1n ) which was down 2.04% to 8.36 at the close.

The top performers on the TecDAX were 11 AG (ETR: 1U1 ) which rose 4.89% to 12.02, Elmos Semiconductor AG (ETR: ELGG ) which was up 3.60% to settle at 69.00 and Bechtle AG (ETR: BC8G ) which gained 2.84% to close at 31.88.

The worst performers were Nordex SE O.N. (ETR: NDXG ) which was down 3.33% to 11.31 in late trade, Nexus AG (ETR: NXUG ) which lost 1.15% to settle at 68.70 and Aixtron SE (ETR: AIXGn ) which was down 0.46% to 15.25 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 420 to 218 and 39 ended unchanged.

The DAX volatility index , which measures the implied volatility of DAX options, was down 0.98% to 15.69.

Gold Futures for February delivery was down 0.91% or 24.10 to $2,629.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.79% or 0.55 to hit $70.17 a barrel, while the March Brent oil contract rose 0.73% or 0.53 to trade at $73.38 a barrel.

EUR/USD was unchanged 0.05% to 1.04, while EUR/GBP unchanged 0.29% to 0.83.

The US Dollar Index Futures was down 0.01% at 107.89.

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