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Germany stocks higher at close of trade; DAX up 0.31%

Published 06/18/2024, 12:05 PM
Updated 06/18/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.31%
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Food & Beverages, Financial Services and Utilities sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.31%, while the MDAX index added 0.50%, and the TecDAX index gained 0.36%.

The best performers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 2.15% or 0.50 points to trade at 23.75 at the close. Meanwhile, Deutsche Boerse AG (ETR:DB1Gn) added 1.88% or 3.50 points to end at 189.60 and Qiagen NV (ETR:QIA) was up 1.73% or 0.70 points to 41.11 in late trade.

The worst performers of the session were Beiersdorf AG O.N. (ETR:BEIG), which fell 2.81% or 4.10 points to trade at 142.05 at the close. Fresenius SE & Co KGAA O.N. (ETR:FREG) declined 2.62% or 0.77 points to end at 28.63 and Continental AG O.N. (ETR:CONG) was down 1.98% or 1.10 points to 54.58.

The top performers on the MDAX were Bilfinger SE O.N. (ETR:GBFG) which rose 3.46% to 49.35, Jungheinrich AG O.N.VZO (ETR:JUNG_p) which was up 3.39% to settle at 32.90 and Wacker Chemie O.N. (ETR:WCHG) which gained 3.02% to close at 98.26.

The worst performers were Delivery Hero AG (ETR:DHER) which was down 4.16% to 26.52 in late trade, Stabilus (ETR:STM1) which lost 3.24% to settle at 44.75 and Gerresheimer AG (ETR:GXIG) which was down 2.27% to 96.75 at the close.

The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which rose 5.76% to 62.40, Qiagen NV (ETR:QIA) which was up 1.73% to settle at 41.11 and Jenoptik AG (ETR:JENGn) which gained 1.45% to close at 27.94.

The worst performers were Eckert & Ziegler AG O.N. (ETR:EUZG) which was down 1.92% to 44.04 in late trade, Carl Zeiss Meditec AG (ETR:AFXG) which lost 0.97% to settle at 66.40 and Evotec AG O.N. (ETR:EVTG) which was down 0.86% to 7.53 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 347 to 264 and 29 ended unchanged.

Shares in Continental AG O.N. (ETR:CONG) fell to 52-week lows; falling 1.98% or 1.10 to 54.58. Shares in Stabilus (ETR:STM1) fell to 52-week lows; down 3.24% or 1.50 to 44.75. Shares in Carl Zeiss Meditec AG (ETR:AFXG) fell to 5-year lows; down 0.97% or 0.65 to 66.40. Shares in Evotec AG O.N. (ETR:EVTG) fell to 5-year lows; down 0.86% or 0.07 to 7.53.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.95% to 17.83 a new 1-month high.

Gold Futures for August delivery was up 0.62% or 14.55 to $2,343.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.74% or 0.59 to hit $80.31 a barrel, while the August Brent oil contract rose 0.76% or 0.64 to trade at $84.89 a barrel.

EUR/USD was unchanged 0.07% to 1.07, while EUR/GBP unchanged 0.11% to 0.85.

The US Dollar Index Futures was down 0.07% at 104.88.

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