💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

Germany stocks higher at close of trade; DAX up 0.13%

Published 07/25/2023, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.13%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Consumer & Cyclical, Food & Beverages and Technology sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.13% to hit a new 1-month high, while the MDAX index added 0.35%, and the TecDAX index gained 0.85%.

The best performers of the session on the DAX were Adidas AG (ETR:ADSGN), which rose 3.83% or 6.70 points to trade at 181.50 at the close. Meanwhile, Siemens Healthineers AG (ETR:SHLG) added 3.04% or 1.56 points to end at 52.80 and Beiersdorf AG O.N. (ETR:BEIG) was up 2.31% or 2.65 points to 117.55 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (ETR:MTXGn), which fell 7.03% or 16.10 points to trade at 213.00 at the close. Airbus Group SE (ETR:AIRG) declined 2.45% or 3.34 points to end at 133.08 and Commerzbank AG O.N. (ETR:CBKG) was down 1.25% or 0.14 points to 11.06.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 5.41% to 24.74, Aurubis AG (ETR:NAFG) which was up 4.54% to settle at 84.24 and Befesa SA (ETR:BFSA) which gained 2.87% to close at 34.36.

The worst performers were Fresenius Medical Care KGAA ST (ETR:FMEG) which was down 2.76% to 47.25 in late trade, Prosiebensat 1 Media AG (ETR:PSMGn) which lost 1.91% to settle at 8.10 and Deutsche Lufthansa AG (ETR:LHAG) which was down 1.45% to 8.69 at the close.

The top performers on the TecDAX were Siemens Healthineers AG (ETR:SHLG) which rose 3.04% to 52.80, Siltronic AG (ETR:WAFGn) which was up 2.94% to settle at 75.40 and SMA Solar Technology AG (ETR:S92G) which gained 2.60% to close at 90.90.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 2.18% to 29.64 in late trade, Deutsche Telekom AG Na (ETR:DTEGn) which lost 0.46% to settle at 19.80 and United Internet AG NA (ETR:UTDI) which was down 0.45% to 13.21 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 348 to 296 and 97 ended unchanged.

Shares in Adidas AG (ETR:ADSGN) rose to 52-week highs; rising 3.83% or 6.70 to 181.50.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.26% to 15.28.

Gold Futures for August delivery was up 0.08% or 1.55 to $1,963.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.17% or 0.92 to hit $79.66 a barrel, while the October Brent oil contract rose 0.86% or 0.71 to trade at $83.19 a barrel.

EUR/USD was unchanged 0.21% to 1.10, while EUR/GBP fell 0.63% to 0.86.

The US Dollar Index Futures was up 0.08% at 101.16.

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.