✂ Fed’s first rate cut since 2020: Use our free Stock Screener to find new opportunities fastExplore for FREE

Germany stocks higher at close of trade; DAX up 0.11%

Published 11/07/2023, 12:05 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.11%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Financial Services, Software and Media sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.11%, while the MDAX index added 0.80%, and the TecDAX index climbed 1.03%.

The best performers of the session on the DAX were Deutsche Boerse AG (ETR:DB1Gn), which rose 3.52% or 5.60 points to trade at 164.85 at the close. Meanwhile, SAP SE (ETR:SAPG) added 2.36% or 3.04 points to end at 131.76 and Vonovia SE (ETR:VNAn) was up 2.29% or 0.53 points to 23.71 in late trade.

The worst performers of the session were Daimler Truck Holding AG (ETR:DTGGe), which fell 4.62% or 1.37 points to trade at 28.28 at the close. Bayerische Motoren Werke AG (ETR:BMWG) declined 1.64% or 1.52 points to end at 91.31 and Porsche Automobil Holding SE (ETR:PSHG_p) was down 1.23% or 0.55 points to 44.16.

The top performers on the MDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 37.86% to 2.35, United Internet AG NA (ETR:UTDI) which was up 4.39% to settle at 20.94 and Scout24 AG (ETR:G24n) which gained 4.14% to close at 61.42.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 3.88% to 52.05 in late trade, Befesa SA (ETR:BFSA) which lost 2.21% to settle at 26.50 and Fraport AG (ETR:FRAG) which was down 2.13% to 48.61 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 37.86% to 2.35, United Internet AG NA (ETR:UTDI) which was up 4.39% to settle at 20.94 and SAP SE (ETR:SAPG) which gained 2.36% to close at 131.76.

The worst performers were ADTRAN Holdingsa Inc (ETR:QH9) which was down 24.49% to 5.08 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 3.88% to settle at 52.05 and Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was down 3.78% to 30.31 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 327 to 297 and 21 ended unchanged.

Shares in SAP SE (ETR:SAPG) rose to 3-years highs; rising 2.36% or 3.04 to 131.76. Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; falling 3.88% or 2.10 to 52.05. Shares in ADTRAN Holdingsa Inc (ETR:QH9) fell to all time lows; losing 24.49% or 1.65 to 5.08. Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; falling 3.88% or 2.10 to 52.05. Shares in SAP SE (ETR:SAPG) rose to 3-years highs; gaining 2.36% or 3.04 to 131.76.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.53% to 15.81 a new 1-month low.

Gold Futures for December delivery was down 0.92% or 18.35 to $1,970.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 3.64% or 2.94 to hit $77.88 a barrel, while the January Brent oil contract fell 3.57% or 3.04 to trade at $82.14 a barrel.

EUR/USD was unchanged 0.32% to 1.07, while EUR/GBP unchanged 0.15% to 0.87.

The US Dollar Index Futures was up 0.44% at 105.50.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.