Germany Stocks Fall After Wednesday’s Close
Germany's stock market experienced a downturn on Wednesday, with several sectors seeing losses. The DAX closed down by 0.36%, the MDAX index fell by 0.46%, and the TecDAX index dropped 2.01%.
Contents
Top Performers on the DAX
- Siemens Energy AG saw the best performance with an increase of 1.94%, closing at 24.21.
- Bayerische Motoren Werke AG (BMW) added 1.10%, ending at 88.54.
- Mercedes Benz Group AG was up 0.49%, closing at 63.83.
Worst Performers on the DAX
- Sartorius AG VZO O.N. fell significantly by 14.15%, ending at 209.40.
- Qiagen NV declined by 5.62%, closing at 38.80.
- Infineon Technologies AG NA O.N. dropped by 3.60% to 34.69.
MDAX Top Performers
- Befesa SA rose by 2.75%, closing at 31.44.
- Kion Group AG was up 2.53%, ending at 41.70.
- GEA Group AG gained 2.47%, closing at 38.94.
MDAX Worst Performers
- SMA Solar Technology AG plummeted by 31.07%, closing at 28.62.
- Aixtron SE fell by 6.58%, settling at 19.08.
- Jenoptik AG dropped by 3.94%, ending at 26.84.
TecDAX Highlights
Top Performers:
- Hensoldt AG rose 1.24% to 34.34.
- Nemetschek AG O.N. increased by 0.55%, closing at 91.15.
- Bechtle AG gained 0.50%, ending at 44.60.
Worst Performers:
- SMA Solar Technology AG witnessed a major drop of 31.07%, closing at 28.62.
- Sartorius AG VZO O.N. saw a 14.15% decline, settling at 209.40.
- Aixtron SE decreased by 6.58%, closing at 19.08.
Market Summary
- Falling stocks outnumbered advancing ones by 387 to 222 on the Frankfurt Stock Exchange.
- Sartorius AG VZO O.N. fell to a 3-year low, losing 14.15%.
- SMA Solar Technology AG hit a 52-week low with a 31.07% drop.
- Aixtron SE also reached a 52-week low, losing 6.58%.
Commodity Prices
- Gold Futures for August delivery fell slightly by 0.08%, closing at $2,344.95 a troy ounce.
- Crude oil for August delivery fell by 0.09% to $80.64 a barrel.
- Brent oil for August delivery dropped 0.08% to $85.26 a barrel.
Currency Exchange
- EUR/USD was almost unchanged at 1.07 with a slight change of 0.09%.
- EUR/GBP also remained steady at 0.84 with a small 0.05% shift.
- The US Dollar Index Futures dropped by 0.05%, closing at 104.82.
The VDAX, which measures the implied volatility of DAX options, decreased by 5.61% to 16.83, indicating a less volatile market environment.
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