🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

Germany stocks higher at close of trade; DAX up 0.51%

Published 11/08/2023, 12:05 PM
© Reuters Germany stocks higher at close of trade; DAX up 0.51%

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

At the close in Frankfurt, the DAX rose 0.51%, while the MDAX index gained 1.13%, and the TecDAX index added 0.69%.

The best performers of the session on the DAX were Continental AG O.N. (ETR:CONG), which rose 4.08% or 2.52 points to trade at 64.32 at the close. Meanwhile, Deutsche Post AG NA O.N. (ETR:DHLn) added 2.87% or 1.07 points to end at 38.19 and Heidelbergcement AG O.N. (ETR:HEIG) was up 2.47% or 1.66 points to 68.96 in late trade.

The worst performers of the session were Zalando SE (ETR:ZALG), which fell 3.52% or 0.80 points to trade at 21.91 at the close. Siemens Energy AG (ETR:ENR1n) declined 2.34% or 0.22 points to end at 9.11 and Vonovia SE (ETR:VNAn) was down 1.77% or 0.42 points to 23.29.

The top performers on the MDAX were Lanxess AG (ETR:LXSG) which rose 6.99% to 23.73, Evotec AG O.N. (ETR:EVTG) which was up 6.47% to settle at 17.51 and Befesa SA (ETR:BFSA) which gained 5.36% to close at 27.92.

The worst performers were RTL Group SA (ETR:RRTL) which was down 5.07% to 32.22 in late trade, HelloFresh SE (ETR:HFGG) which lost 3.16% to settle at 20.51 and United Internet AG NA (ETR:UTDI) which was down 3.06% to 20.30 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 6.47% to 17.51, Nordex SE O.N. (ETR:NDXG) which was up 2.95% to settle at 10.63 and Kontron AG (ETR:KTN) which gained 2.87% to close at 21.50.

The worst performers were CompuGroup Medical AG O.N. (ETR:COP1n) which was down 3.99% to 35.12 in late trade, United Internet AG NA (ETR:UTDI) which lost 3.06% to settle at 20.30 and ADTRAN Holdingsa Inc (ETR:QH9) which was down 1.38% to 5.01 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 320 to 287 and 30 ended unchanged.

Shares in Kontron AG (ETR:KTN) rose to 52-week highs; rising 2.87% or 0.60 to 21.50. Shares in ADTRAN Holdingsa Inc (ETR:QH9) fell to all time lows; falling 1.38% or 0.07 to 5.01.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.91% to 15.35 a new 1-month low.

Gold Futures for December delivery was down 0.64% or 12.70 to $1,960.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.31% or 1.79 to hit $75.58 a barrel, while the January Brent oil contract fell 2.23% or 1.82 to trade at $79.79 a barrel.

EUR/USD was unchanged 0.10% to 1.07, while EUR/GBP unchanged 0.16% to 0.87.

The US Dollar Index Futures was down 0.02% at 105.35.

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.