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

Published 12/06/2024, 12:05 PM
Updated 12/06/2024, 12:07 PM
© Reuters. Germany stocks higher at close of trade; DAX up 0.13%
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Food & Beverages, Consumer & Cyclical and Retail sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.13% to hit a new all time high, while the MDAX index climbed 0.58%, and the TecDAX index climbed 0.10%.

The best performers of the session on the DAX were Bayerische Motoren Werke AG (ETR:BMWG), which rose 2.71% or 2.04 points to trade at 77.24 at the close. Meanwhile, Bayer AG NA (ETR:BAYGN) added 2.64% or 0.52 points to end at 20.02 and Henkel & Co KGaA AG Pref (ETR:HNKG_p) was up 1.59% or 1.30 points to 83.30 in late trade.

The worst performers of the session were Siemens Energy AG (ETR:ENR1n), which fell 2.19% or 1.16 points to trade at 51.86 at the close. Allianz SE VNA O.N. (ETR:ALVG) declined 0.98% or 3.00 points to end at 301.60 and Rheinmetall AG (ETR:RHMG) was down 0.97% or 6.40 points to 651.80.

The top performers on the MDAX were Hugo Boss AG NA O.N. (ETR:BOSSn) which rose 5.08% to 39.71, Kion Group AG (ETR:KGX) which was up 2.72% to settle at 35.44 and Lanxess AG (ETR:LXSG) which gained 2.62% to close at 25.84.

The worst performers were Hochtief AG (ETR:HOTG) which was down 1.37% to 129.40 in late trade, Hensoldt Ag (ETR:HAGG) which lost 1.15% to settle at 37.72 and Carl Zeiss Meditec AG (ETR:AFXG) which was down 1.02% to 58.10 at the close.

The top performers on the TecDAX were Energiekontor AG (ETR:EKTG) which rose 5.45% to 45.45, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 2.94% to settle at 16.48 and SMA Solar Technology AG (ETR:S92G) which gained 2.87% to close at 14.35.

The worst performers were Atoss Software AG (ETR:AOFG) which was down 4.97% to 122.40 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 1.79% to settle at 8.77 and Cancom SE O.N. (ETR:COKG) which was down 1.33% to 23.76 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 356 to 250 and 49 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.44% to 13.61 a new 3-months low.

Gold Futures for February delivery was up 0.40% or 10.66 to $2,659.06 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.22% or 0.83 to hit $67.47 a barrel, while the February Brent oil contract fell 1.05% or 0.76 to trade at $71.33 a barrel.

EUR/USD was unchanged 0.27% to 1.06, while EUR/GBP unchanged 0.06% to 0.83.

The US Dollar Index Futures was up 0.29% at 106.01.

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