Germany's equity benchmarks finished in negative territory on Tuesday, with sector weakness in Technology, Construction and Industrials the primary driver of the session's losses.
At the close in Frankfurt, the blue-chip DAX index ended down 0.81%, the mid-cap MDAX fell 1.25%, and the TecDAX dropped 1.45%.
Winners on the DAX
- Airbus Group SE (ETR:AIRG) led the upside among DAX constituents, rising 1.94% or 3.68 points to close at 193.32.
- SAP SE (ETR:SAPG) added 1.74% or 2.30 points, finishing at 134.52.
- Merck KGaA (ETR:MRCG) gained 1.50% or 2.00 points to end the session at 135.00.
Largest decliners
- Infineon Technologies AG NA O.N. (ETR:IFXGn) posted the steepest fall on the DAX roster, down 6.26% or 5.38 points to 80.56 at the close.
- Siemens Energy AG (ETR:ENR1n) retreated 3.93% or 6.64 points to 162.50.
- Volkswagen AG VZO O.N. (ETR:VOWG_p) slipped 2.99% or 2.40 to finish at 77.92.
MDAX and TecDAX movers
- On the MDAX, DWS Group GmbH & Co KgaA (ETR:DWSG) was a top performer, rising 4.15% to 64.00. Hensoldt Ag (ETR:HAGG) climbed 3.18% to 71.30 and Bechtle AG (ETR:BC8G) added 2.59% to close at 30.86.
- Conversely, Aixtron SE (ETR:AIXGn) fell 8.28% to 55.42, Puma SE (ETR:PUMG) lost 7.07% to 26.14 and Nordex SE O.N. (ETR:NDXG) dropped 6.76% to 45.54.
- On the TecDAX, Hensoldt, Bechtle and TeamViewer AG (ETR:TMV) were among the session's gainers, with TMV up 1.95% to 5.02.
Additional market highlights
- Market breadth on the Frankfurt Stock Exchange skewed to the downside, with 403 stocks falling, 266 advancing and 34 unchanged.
- SUSS MicroTec SE (ETR:SMHNn) recorded a steep decline of 11.11% to 96.45, while Siltronic AG (ETR:WAFGn) was down 7.79% to 88.80.
- Volkswagen shares touched 5-year lows in the session, closing at 77.92, while DWS Group shares reached an all-time high, closing at 64.00.
The DAX volatility index, which measures implied volatility in DAX options, ticked up 0.12% to 16.20.
Commodities and FX
- Gold Futures for August delivery declined 1.19% or 50.10 to $4,152.60 a troy ounce.
- Crude oil prices fell: the August contract was down 1.04% or 0.77 to $73.09 a barrel, and the September Brent contract slipped 0.97% or 0.75 to $76.77 a barrel.
- In foreign exchange, EUR/USD was reported unchanged at 0.40% to 1.14 and EUR/GBP unchanged at 0.09% to 0.86. The US Dollar Index Futures rose 0.35% to 101.15.
Overall, the session reflected broad selling pressure concentrated in technology and industrial-related names, while select defensive and large-cap exporters posted gains. Market participants monitored volatility and commodity price moves as equities closed lower across Germany's major indices.