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TecDAX on Friday: downward trend continues
TecDAX weaker at the end of Friday trading in Frankfurt. Find out how the index performed and which stocks were affected. Stay informed about the most important developments on the stock market.
TecDAX on Friday: downward trend continues
The TecDAX was weaker on Friday at the end of the trading day. In XETRA trading, the index fell by 0.89 percent to 3,324.30 points. This led to the TecDAX members collectively reaching a market value of 518.958 billion euros. At the beginning of the trading day, the index recorded slight gains of 0.082 percent, but at the end of the day it was in the red compared to the previous day.
The daily high of the TecDAX was 3,398.02 points, while the daily low was 3,318.64 units. The index has already shown a decline of 1.32 percent since the beginning of the week. One month ago, on March 12, 2024, the TecDAX was at 3,464.11 points, while three months ago, on January 12, 2024, it was at 3,275.50 points. Compared to the status a year ago, on April 12, 2023, there is a change to 3,308.19 points.
So far in 2024, the TecDAX has recorded a decline of 0.009 percent. The index's annual high was 3,490.44 points, while the annual low was 3,187.26 points. Individual stocks such as Siltronic, EVOTEC SE, HENSOLDT, Nagarro SE and PNE showed particularly strong performances. On the other hand, ATOSS Software, Eckert Ziegler Strahl- und Medizintechnik, Sartorius vz, TeamViewer and AIXTRON SE are among the weakest TecDAX stocks.
The trading volume in the TecDAX was highest for the Deutsche Telekom share, while the SAP SE share made up the largest share of the index in terms of market capitalization. In terms of fundamental metrics, the United Internet share has the lowest price-earnings ratio (P/E ratio) in the TecDAX, while the highest dividend yield is expected from the freenet share.