Germany stocks lower at close of trade; DAX down 0.18%

  • November 27, 2024

– Germany stocks were lower after the close on Wednesday, as losses in the Construction , Software and Technology sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.18%, while the MDAX index lost 0.06%, and the TecDAX index declined 0.30%.

The best performers of the session on the DAX were Vonovia SE (ETR: VNAn ), which rose 2.93% or 0.89 points to trade at 31.22 at the close. Meanwhile, Henkel & Co KGaA AG Pref (ETR: HNKG_p ) added 2.45% or 1.94 points to end at 81.06 and Brenntag AG (ETR: BNRGn ) was up 2.14% or 1.30 points to 62.04 in late trade.

The worst performers of the session were Zalando SE (ETR: ZALG ), which fell 2.05% or 0.60 points to trade at 28.65 at the close. MTU Aero Engines NA O.N. (ETR: MTXGn ) declined 1.58% or 5.00 points to end at 311.80 and Infineon Technologies AG NA O.N. (ETR: IFXGn ) was down 1.41% or 0.43 points to 30.06.

The top performers on the MDAX were Aroundtown Property Holdings PLC (ETR: AT1 ) which rose 9.45% to 3.16, Lanxess AG (ETR: LXSG ) which was up 3.15% to settle at 23.90 and Befesa SA (ETR: BFSA ) which gained 2.41% to close at 19.94.

The worst performers were Hugo Boss AG NA O.N. (ETR: BOSSn ) which was down 5.03% to 36.07 in late trade, HelloFresh SE (ETR: HFGG ) which lost 2.95% to settle at 11.19 and Rational AG (ETR: RAAG ) which was down 2.06% to 881.50 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (ETR: COP1n ) which rose 3.29% to 15.70, SMA Solar Technology AG (ETR: S92G ) which was up 3.19% to settle at 13.25 and Eckert & Ziegler AG O.N. (ETR: EUZG ) which gained 2.42% to close at 44.08.

The worst performers were Aixtron SE (ETR: AIXGn ) which was down 2.05% to 13.38 in late trade, Bechtle AG (ETR: BC8G ) which lost 1.87% to settle at 31.44 and Kontron AG (ETR: KTN ) which was down 1.81% to 16.77 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 350 to 277 and 27 ended unchanged.

Shares in Aroundtown Property Holdings PLC (ETR: AT1 ) rose to 52-week highs; rising 9.45% or 0.27 to 3.16.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.78% to 15.62.

Gold Futures for February delivery was up 0.69% or 18.29 to $2,664.59 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.49% or 0.34 to hit $68.43 a barrel, while the February Brent oil contract fell 0.57% or 0.41 to trade at $71.91 a barrel.

EUR/USD was up 0.89% to 1.06, while EUR/GBP unchanged 0.01% to 0.83.

The US Dollar Index Futures was down 0.98% at 105.92.