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Germany stocks higher at close of trade; DAX up 0.45%

Published 07/10/2023, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.45%

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

At the close in Frankfurt, the DAX gained 0.45%, while the MDAX index added 0.08%, and the TecDAX index climbed 0.42%.

The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 2.93% or 7.10 points to trade at 249.30 at the close. Meanwhile, MTU Aero Engines NA O.N. (ETR:MTXGn) added 2.02% or 4.50 points to end at 227.60 and Commerzbank AG O.N. (ETR:CBKG) was up 1.89% or 0.19 points to 10.49 in late trade.

The worst performers of the session were Continental AG O.N. (ETR:CONG), which fell 1.17% or 0.80 points to trade at 67.64 at the close. RWE AG ST O.N. (ETR:RWEG) declined 1.13% or 0.44 points to end at 38.61 and E.ON SE (ETR:EONGn) was down 0.80% or 0.09 points to 11.22.

The top performers on the MDAX were Hensoldt Ag (ETR:HAGG) which rose 3.00% to 30.90, Kion Group AG (ETR:KGX) which was up 2.70% to settle at 33.89 and Nordex SE O.N. (ETR:NDXG) which gained 2.09% to close at 11.48.

The worst performers were Stabilus (ETR:STM1) which was down 4.79% to 51.65 in late trade, Redcare Pharmacy NV (ETR:RDC) which lost 3.20% to settle at 105.95 and Scout24 AG (ETR:G24n) which was down 3.16% to 55.10 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 3.00% to 30.90, Nagarro SE (ETR:NA9n) which was up 2.63% to settle at 84.00 and Nordex SE O.N. (ETR:NDXG) which gained 2.09% to close at 11.48.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 2.41% to 95.00 in late trade, CompuGroup Medical AG O.N. (ETR:COP1n) which lost 1.45% to settle at 44.90 and Eckert & Ziegler AG O.N. (ETR:EUZG) which was down 1.09% to 34.44 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 327 to 318 and 100 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.23% to 17.68.

Gold Futures for August delivery was down 0.09% or 1.75 to $1,930.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.96% or 0.71 to hit $73.15 a barrel, while the September Brent oil contract fell 0.84% or 0.66 to trade at $77.81 a barrel.

EUR/USD was unchanged 0.20% to 1.10, while EUR/GBP unchanged 0.16% to 0.86.

The US Dollar Index Futures was down 0.22% at 101.73.

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