Germany stocks lower at close of trade; DAX down 0.12%

  • January 8, 2025

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

At the close in Frankfurt, the DAX declined 0.12%, while the MDAX index declined 0.92%, and the TecDAX index declined 0.90%.

The best performers of the session on the DAX were Rheinmetall AG (ETR: RHMG ), which rose 5.15% or 31.80 points to trade at 648.80 at the close. Meanwhile, Heidelberg Materials AG (ETR: HEIG ) added 2.79% or 3.40 points to end at 125.10 and MTU Aero Engines NA O.N. (ETR: MTXGn ) was up 1.69% or 5.40 points to 324.30 in late trade.

The worst performers of the session were Siemens Energy AG (ETR: ENR1n ), which fell 5.96% or 3.20 points to trade at 50.50 at the close. Infineon Technologies AG NA O.N. (ETR: IFXGn ) declined 3.68% or 1.25 points to end at 32.71 and Brenntag AG (ETR: BNRGn ) was down 3.10% or 1.82 points to 56.98.

The top performers on the MDAX were TeamViewer AG (ETR: TMV ) which rose 8.52% to 10.39, Hensoldt Ag (ETR: HAGG ) which was up 2.68% to settle at 35.96 and CTS Eventim AG (ETR: EVDG ) which gained 1.71% to close at 86.45.

The worst performers were Nordex SE O.N. (ETR: NDXG ) which was down 6.40% to 11.12 in late trade, Siltronic AG (ETR: WAFGn ) which lost 4.88% to settle at 43.68 and Evotec AG O.N. (ETR: EVTG ) which was down 4.58% to 8.34 at the close.

The top performers on the TecDAX were TeamViewer AG (ETR: TMV ) which rose 8.52% to 10.39, Hensoldt Ag (ETR: HAGG ) which was up 2.68% to settle at 35.96 and Nemetschek AG O.N. (ETR: NEKG ) which gained 0.63% to close at 96.15.

The worst performers were Nordex SE O.N. (ETR: NDXG ) which was down 6.40% to 11.12 in late trade, Siltronic AG (ETR: WAFGn ) which lost 4.88% to settle at 43.68 and Evotec AG O.N. (ETR: EVTG ) which was down 4.58% to 8.34 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 401 to 204 and 29 ended unchanged.

Shares in Siltronic AG (ETR: WAFGn ) fell to 5-year lows; falling 4.88% or 2.24 to 43.68. Shares in Siltronic AG (ETR: WAFGn ) fell to 5-year lows; down 4.88% or 2.24 to 43.68.

The DAX volatility index , which measures the implied volatility of DAX options, was down 0.70% to 14.84.

Gold Futures for February delivery was up 0.72% or 19.24 to $2,684.64 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.08% or 0.80 to hit $73.45 a barrel, while the March Brent oil contract fell 1.10% or 0.85 to trade at $76.20 a barrel.

EUR/USD was unchanged 0.35% to 1.03, while EUR/GBP rose 0.64% to 0.83.

The US Dollar Index Futures was up 0.51% at 108.93.