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Germany stocks higher at close of trade; DAX up 0.30%

Published 12/29/2023, 12:05 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.30%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Food & Beverages, Retail and Media sectors led shares higher.

At the close in Frankfurt, the DAX added 0.30%, while the MDAX index added 0.27%, and the TecDAX index gained 0.04%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 1.85% or 0.39 points to trade at 21.45 at the close. Meanwhile, Siemens Energy AG (ETR:ENR1n) added 1.69% or 0.20 points to end at 12.00 and Merck KGaA (ETR:MRCG) was up 1.09% or 1.55 points to 144.10 in late trade.

The worst performers of the session were Siemens Healthineers AG (ETR:SHLG), which fell 1.09% or 0.58 points to trade at 52.60 at the close. Vonovia SE (ETR:VNAn) declined 1.07% or 0.31 points to end at 28.54 and Fresenius SE & Co KGAA O.N. (ETR:FREG) was down 1.02% or 0.29 points to 28.07.

The top performers on the MDAX were Stroeer SE (ETR:SAXG) which rose 3.27% to 53.75, SMA Solar Technology AG (ETR:S92G) which was up 2.98% to settle at 60.55 and Delivery Hero AG (ETR:DHER) which gained 2.50% to close at 25.01.

The worst performers were Tag Immobilien AG (ETR:TEGG) which was down 1.38% to 13.20 in late trade, Stabilus (ETR:STM1) which lost 1.28% to settle at 61.70 and Evotec AG O.N. (ETR:EVTG) which was down 1.07% to 21.28 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 2.98% to 60.55, ADTRAN Holdingsa Inc (ETR:QH9) which was up 2.81% to settle at 6.81 and Hensoldt Ag (ETR:HAGG) which gained 1.84% to close at 24.40.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 1.99% to 34.00 in late trade, Nagarro SE (ETR:NA9n) which lost 1.52% to settle at 87.45 and Siemens Healthineers AG (ETR:SHLG) which was down 1.09% to 52.60 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 386 to 240 and 39 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.45% to 13.54.

Gold Futures for February delivery was down 0.42% or 8.85 to $2,074.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.14% or 0.10 to hit $71.67 a barrel, while the March Brent oil contract fell 0.04% or 0.03 to trade at $77.12 a barrel.

EUR/USD was unchanged 0.03% to 1.11, while EUR/GBP unchanged 0.10% to 0.87.

The US Dollar Index Futures was down 0.01% at 100.90.

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