Germany shares mixed at close of trade; DAX up 0.34%

Source Investing

Investing.com – Germany equities were mixed at the close on Wednesday, as gains in the Food&Beverages, Software and Technology sectors propelled shares higher while losses in the Construction, Media and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.34%, while the MDAX index lost 0.24%, and the TecDAX index climbed 0.31%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (ETR:CBKG), which rose 16.55% or 2.09 points to trade at 14.69 at the close. Bayerische Motoren Werke AG (ETR:BMWG) added 3.04% or 2.10 points to end at 71.08 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was up 2.39% or 1.56 points to 66.78 in late trade.

Biggest losers included Bayer AG NA (ETR:BAYGN), which lost 2.19% or 0.61 points to trade at 27.01 in late trade. Deutsche Bank AG NA O.N. (ETR:DBKGn) declined 1.81% or 0.26 points to end at 14.03 and Zalando SE (ETR:ZALG) shed 1.39% or 0.30 points to 21.32.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 14.65% to 7.70, Nordex SE O.N. (ETR:NDXG) which was up 2.17% to settle at 14.10 and Kion Group AG (ETR:KGX) which gained 1.53% to close at 31.11.

The worst performers were Scout24 AG (ETR:G24n) which was down 2.72% to 71.40 in late trade, Aixtron SE (ETR:AIXGn) which lost 2.15% to settle at 15.02 and Redcare Pharmacy NV (ETR:RDC) which was down 1.93% to 116.70 at the close.

The top performers on the TecDAX were PNE Wind AG (ETR:PNEGn) which rose 2.57% to 11.16, Nordex SE O.N. (ETR:NDXG) which was up 2.17% to settle at 14.10 and SUSS MicroTec SE (ETR:SMHNn) which gained 1.90% to close at 53.60.

The worst performers were Atoss Software AG (ETR:AOFG) which was down 2.35% to 116.20 in late trade, Aixtron SE (ETR:AIXGn) which lost 2.15% to settle at 15.02 and CompuGroup Medical AG O.N. (ETR:COP1n) which was down 1.37% to 13.70 at the close.

Declining stocks outnumbered rising ones by 369 to 235 and 43 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.37% to 17.82.

In commodities trading, Gold Futures for December delivery was up 0.01% or 0.25 to $2,543.35 a troy ounce. Meanwhile, Crude oil for delivery in October rose 2.11% or 1.39 to hit $67.14 a barrel, while the November Brent oil contract rose 1.66% or 1.15 to trade at $70.34 a barrel.

EUR/USD was unchanged 0.04% to 1.10, while EUR/GBP unchanged 0.31% to 0.85.

The US Dollar Index Futures was up 0.07% at 101.67.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Dips Below $88K as FOMC Meeting Spurs NervesBitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
Author  Mitrade
Yesterday 02: 46
Bitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
placeholder
Bitcoin Could Reach $50 Million by 2041 as Global Collateral, Says EMJ Capital’s JacksonEMJ Capital CEO Eric Jackson predicts Bitcoin could hit $50 million by 2041, arguing it will replace the Eurodollar system as the neutral collateral layer for global sovereign debt.
Author  Mitrade
Yesterday 08: 19
EMJ Capital CEO Eric Jackson predicts Bitcoin could hit $50 million by 2041, arguing it will replace the Eurodollar system as the neutral collateral layer for global sovereign debt.
placeholder
Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cutGold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
Author  FXStreet
12 hours ago
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
placeholder
Bitcoin Active Addresses Retreat as Wall Street ETFs Cannibalize Retail FlowAs institutional inflows into Bitcoin ETFs accelerate, active on-chain addresses are sliding, signaling a shift where investors prefer Wall Street wrappers over self-custody.
Author  Mitrade
8 hours ago
As institutional inflows into Bitcoin ETFs accelerate, active on-chain addresses are sliding, signaling a shift where investors prefer Wall Street wrappers over self-custody.
placeholder
With a New $962M Buy, MicroStrategy’s Bitcoin Treasury Climbs Past 660,000 BTCMichael Saylor and Strategy are heavily investing in Bitcoin, adding 10,624 more BTC to their already significant holdings, despite a tough year for their stock.
Author  Mitrade
6 hours ago
Michael Saylor and Strategy are heavily investing in Bitcoin, adding 10,624 more BTC to their already significant holdings, despite a tough year for their stock.
goTop
quote