Germany's equity market finished the trading day lower on Tuesday, with selling concentrated in Construction, Telecoms and Industrials and the benchmark DAX retreating 0.50% at the close in Frankfurt. The MDAX slipped 0.38% and the TecDAX edged down 0.06%.
Top movers on the DAX
Among the DAX constituents, Scout24 AG (ETR:G24n) led gains, rising 1.83% or 1.30 points to finish at 72.40. Utility RWE AG ST O.N. (ETR:RWEG) added 1.57% or 0.90 points to close at 58.26, while insurance giant Allianz SE VNA O.N. (ETR:ALVG) climbed 1.41% or 5.50 points to end the session at 394.80.
On the downside, MTU Aero Engines NA O.N. (ETR:MTXGn) registered the heaviest decline, falling 5.80% or 19.20 points to close at 311.90. Beiersdorf AG O.N. (ETR:BEIG) dropped 3.46% or 2.68 points to 74.70, and Bayer AG NA (ETR:BAYGN) fell 3.36% or 1.39 points to end at 39.97.
MDAX and TecDAX activity
In the MDAX, Aixtron SE (ETR:AIXGn) was the session's top performer, rising 4.19% to 45.23. Redcare Pharmacy NV (ETR:RDC) advanced 3.98% to settle at 51.70, and Nemetschek AG O.N. (ETR:NEKG) gained 2.03% to close at 67.85. The index's weakest names included TKMS GmbH (ETR:TKMS), which fell 4.72% to 84.80, Hensoldt Ag (ETR:HAGG), down 4.03% to 79.04, and Fraport AG (ETR:FRAG), which slid 3.19% to 72.75.
On the TecDAX, Aixtron SE (ETR:AIXGn) again topped the list with a 4.19% move to 45.23. Evotec AG O.N. (ETR:EVTG) climbed 3.86% to 5.65 and Atoss Software AG (ETR:AOFG) rose 2.71% to close at 83.40. Weaker names on the tech-focused index included Hensoldt Ag (ETR:HAGG), which lost 4.03% to 79.04, Deutsche Telekom AG Na (ETR:DTEGn), down 2.64% to 28.79, and Eckert & Ziegler AG O.N. (ETR:EUZG), which fell 1.81% to 15.17.
Market breadth and record highs
Decliners outnumbered advancers on the Frankfurt Stock Exchange by 341 to 275, with 31 stocks finishing unchanged. Two listed companies reached record share prices during the session: Allianz SE VNA O.N. (ETR:ALVG) rose to an all-time high of 394.80, up 1.41% or 5.50 points, and Aixtron SE (ETR:AIXGn) also hit an all-time high, advancing 4.19% or 1.82 points to 45.23. The report noted Aixtron's new peak twice during the session review.
Volatility, commodities and currencies
The DAX volatility index, which measures the implied volatility of DAX options, climbed 15.26% to 22.39 by the close.
In commodities trading, Gold Futures for June delivery was down 1.44% or 69.59 to $4,759.21 a troy ounce. Crude oil for June delivery rose 2.65% or 2.32 to $89.74 a barrel, while the June Brent oil contract increased 2.55% or 2.43 to trade at $97.91 a barrel.
On currency crosses, the euro-dollar rate EUR/USD was unchanged 0.28% to 1.18, and EUR/GBP was unchanged 0.14% to 0.87. The US Dollar Index Futures was up 0.22% at 98.12.
Concluding observations
Taken together, the session reflected selective strength in certain large-cap names and technology stocks, set against broader selling in construction, telecoms and industrial sectors. The rise in the DAX volatility index accompanied tighter gains in commodity prices and a firmer dollar index into the close. Market participants recorded more decliners than advancers across the exchange, while two firms marked all-time share-price records during the session.