German Stock Indices: Mixed Trend with DAX Down 0.30%

2024-01-16 19:09:22

© Reuters. German stock indices traded in a mixed trend at the close of trading; The DAX index shed 0.30%

Investing.com – Shares in Germany closed in a mixed trend at the close of trading on Tuesday, when price increases were recorded in the , and , sectors, pulling the indices higher. On the other hand, rate decreases were recorded in the , and sectors, leading the indexes down.

At the close of trading in Frankfurt, the index ended with a decrease of 0.30%, while the index decreased by 1.11%, and the index rose by 0.20%.

Among the leading stocks in the index today, Qiagen NV (ETR:) stood out, which added 2.48% or 1.01 points to its value, and its price was 41.68 at the close of trading. Meanwhile, Merck KGaA (ETR: ) added 1.59% or 2.30 points to trade at 146.60, while Rheinmetall AG (ETR: ) added 1.52% or 4.80 points to trade at 320.40 in late trade.

The worst performance was recorded by the share of Commerzbank (ETR:), which closed down 4.90% or 0.56 points, and traded at a price of 10.88 at the end of the trading day. Siemens Energy AG (ETR: ) shed 3.22% or 0.39 points to 11.74 and Zalando SE (ETR: ) was down 3.10% or 0.55 points to 17.19.

The best performers today in the MDAX index were recorded by the Hensoldt Ag (ETR:) share, which added 3.51% to its value at a price of 27.72, Jenoptik AG (ETR:)), which completed an increase of 2.12% and closed at a price of 26.96, and the Delivery Hero AG (ETR) share :), which increased by 1.78% and ended the trade at a price of 22.55.

Among the weakest stocks today were the Evotec AG (ETR:) share, which fell by 8.32% and stood at 15.27 at the end of the trading day, the Nordex SE (ETR:) share, which lost 4.81% to 9.76 and the TAG Immobilien AG (ETR: ), which weakened by 3.94% and closed the trading day on the stock exchange at a price of 12.57.

The best performers today in the TecDAX index were recorded by the Morphosys (ETR:) share, which added 11.26% to its value at a price of 37.79, Hensoldt Ag (ETR:)‎, which completed an increase of 3.51% and closed at a price of 27.72 and the Kontron AG (ETR:) share , which increased by 2.93% and ended the trade at a price of 22.50.

Among the weakest stocks today were the Evotec AG (ETR:) share, which fell by 8.32% and stood at 15.27 at the end of the trading day, the Nordex SE (ETR:) share, which lost 4.81% to the level of 9.76 and the SMA Solar Technology AG (ETR) share :), which weakened by 3.15% and closed the trading day on the stock exchange at a price of 49.54.

The number of declining stocks exceeded the number of stocks that closed higher in trading on the Frankfurt Stock Exchange with 387 compared to 223 respectively, with 33 remaining unchanged.

Shares of Rheinmetall AG (ETR: ) climbed to an all-time high, finishing up 1.52% or 4.80 points to trade at 320.40. Shares in Zalando SE (ETR: ) fell to a five-year low, shedding 3.10% or 0.55 points to trade at 17.19. Shares of Evotec AG (ETR: ) fell to a 52-week low – decreasing 8.32% or 1.38 points to trade at 15.27. Shares of Morphosys (ETR:) climbed to a 52-week high, adding 11.26% or 3.83 points to trade at 37.79. Evotec AG (ETR:) fell to a 52-week low, shedding 8.32% or 1.38 points to trade at 15.27. Shares of SMA Solar Technology AG (ETR: ) dipped to a 52-week low and settled down 3.15% or 1.61 points to trade at 49.54.

Index, which measures the inherent standard deviation of options on the DAX index, traded up 1.08% and closed at a price of 14.09.

The gold futures contract for February delivery lost 0.78% or 15.90 and closed at $2,035.70 per ounce. And more in commodity trading – crude oil futures for delivery in March completed an increase of 0.03% or 0.02 and reached a price of $72.81 per barrel, while the March contract for Brent oil futures registered an increase of 0.47% or 0.37 points, closing at a price of $78.52 per barrel.

The pair EUR/USD lost 0.68% and traded at a price of 1.09, while the pair EUR/GBP remained unchanged – 0.05% and reached the level of 0.86.

The futures contracts on the US dollar index traded up 0.89% and settled at 103.06.