Investing.com - Germany's equity market finished Tuesday with a split performance across major indices as pockets of strength in software, telecoms and pharmaceuticals & healthcare counterbalanced losses in construction, technology and chemicals.
At the closing bell in Frankfurt the DAX rose 0.49%, the MDAX retreated 0.36%, and the TecDAX advanced 1.06%.
Top movers on the DAX
The session's largest gainer among DAX constituents was SAP SE (ETR:SAPG), which climbed 5.99% - a rise of 8.86 points - to finish at 156.72. Defence and engineering group Rheinmetall AG (ETR:RHMG) added 2.99%, up 35.00 points to close at 1,207.00, while reinsurer Hannover Rueck SE (ETR:HNRGn) gained 2.40% or 5.80 points to end at 247.80.
On the downside, Continental AG O.N. (ETR:CONG) was the weakest DAX stock, slipping 3.52% or 2.40 points to 65.70 at the close. Semiconductor maker Infineon Technologies AG NA O.N. (ETR:IFXGn) declined 2.55%, down 1.69 points to 64.64, and truck manufacturer Daimler Truck Holding AG (ETR:DTGGe) gave back 2.05% or 0.82 points to finish at 39.11.
MDAX and TecDAX highlights
Within the MDAX, Nemetschek AG O.N. (ETR:NEKG) led gains, rising 10.02% to 65.90. Aerospace and defence supplier Hensoldt Ag (ETR:HAGG) climbed 8.18% to settle at 79.62, and TKMS GmbH (ETR:TKMS) rose 6.44% to close at 76.00.
The MDAX also saw steep declines: Stroeer SE (ETR:SAXG) dropped 10.90% to 34.50, wind-turbine maker Nordex SE O.N. (ETR:NDXG) fell 7.05% to 44.06, and construction group Hochtief AG (ETR:HOTG) declined 5.33% to 461.60.
On the TecDAX, software company Atoss Software AG (ETR:AOFG) jumped 13.51% to 81.50. Nemetschek (ETR:NEKG) and Hensoldt (ETR:HAGG) were also among the top performers on this index, rising 10.02% and 8.18% respectively to the same closing levels noted above.
Lagging the TecDAX were Ottobock SE & Co KgaA (ETR:OBCK), which tumbled 10.98% to 53.50, SMA Solar Technology AG (ETR:S92G), which lost 9.58% to 61.35, and Nordex (ETR:NDXG), down 7.05% to 44.06.
Market breadth, volatility and commodities
Declining issues outnumbered advancers on the Frankfurt Stock Exchange by 324 to 287, with 25 shares unchanged at the close.
The DAX volatility index, which measures implied volatility in DAX options, increased 1.87% to 23.01.
In commodities trading, Gold Futures for June delivery fell 1.14% - down 51.90 - to $4,506.10 a troy ounce. Crude oil for July delivery lost 0.40%, slipping $0.42 to $103.96 a barrel, while the July Brent contract declined 0.95%, down $1.06 to $111.04 a barrel.
Currencies and US dollar
The euro weakened against the dollar, with EUR/USD down 0.51% to 1.16. EUR/GBP was reported unchanged at 0.87, showing a 0.28% move in the dataset provided. The US Dollar Index Futures rose 0.22% to 99.32.
Overall the session painted a mixed picture: gains concentrated in software, telecoms and healthcare names helped lift headline DAX performance, while heavier losses among construction, technology and chemical stocks contributed to underperformance in the mid- and smaller-cap indices.