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

Published 12/03/2024, 12:05 PM
Updated 12/03/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.51%
EUR/USD
-
EUR/GBP
-
DE40
-
DBKGn
-
MBGn
-
IFXGn
-
HOTG
-
NDXG
-
SY1G
-
HEIG
-
BOSSn
-
DX
-
GC
-
LCO
-
CL
-
MDAXI
-
TECDAX
-
FPE3_p
-
EVTG
-
COP1n
-
ELGG
-
SATG_p
-
S92G
-
DHER
-
HFGG
-

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

At the close in Frankfurt, the DAX added 0.51% to hit a new all time high, while the MDAX index climbed 0.63%, and the TecDAX index gained 0.24%.

The best performers of the session on the DAX were Heidelberg Materials AG (ETR:HEIG), which rose 3.21% or 3.85 points to trade at 123.85 at the close. Meanwhile, Deutsche Bank AG NA O.N. (ETR:DBKGn) added 2.78% or 0.45 points to end at 16.73 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was up 2.17% or 0.68 points to 31.80 in late trade.

The worst performers of the session were Mercedes Benz Group AG (ETR:MBGn), which fell 2.53% or 1.35 points to trade at 52.00 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 2.33% or 5.10 points to end at 214.00 and Symrise AG Inh. O.N. (ETR:SY1G) was down 2.25% or 2.35 points to 102.25.

The top performers on the MDAX were Hochtief AG (ETR:HOTG) which rose 7.12% to 126.30, Hugo Boss AG NA O.N. (ETR:BOSSn) which was up 6.07% to settle at 34.58 and HelloFresh SE (ETR:HFGG) which gained 4.01% to close at 11.81.

The worst performers were Delivery Hero AG (ETR:DHER) which was down 5.51% to 32.74 in late trade, Nordex SE O.N. (ETR:NDXG) which lost 3.39% to settle at 11.41 and Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) which was down 2.60% to 41.90 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (ETR:COP1n) which rose 8.19% to 16.90, Infineon Technologies AG NA O.N. (ETR:IFXGn) which was up 2.17% to settle at 31.80 and Elmos Semiconductor AG (ETR:ELGG) which gained 1.70% to close at 59.80.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 5.96% to 12.63 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 3.86% to settle at 8.59 and Nordex SE O.N. (ETR:NDXG) which was down 3.39% to 11.41 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 330 to 306 and 38 ended unchanged.

Shares in Heidelberg Materials AG (ETR:HEIG) rose to all time highs; gaining 3.21% or 3.85 to 123.85. Shares in Deutsche Bank AG NA O.N. (ETR:DBKGn) rose to 5-year highs; up 2.78% or 0.45 to 16.73. Shares in Hochtief AG (ETR:HOTG) rose to 5-year highs; gaining 7.12% or 8.40 to 126.30.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.59% to 14.86.

Gold Futures for February delivery was up 0.45% or 12.06 to $2,670.56 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 3.00% or 2.04 to hit $70.14 a barrel, while the February Brent oil contract rose 2.65% or 1.90 to trade at $73.73 a barrel.

EUR/USD was unchanged 0.21% to 1.05, while EUR/GBP unchanged 0.05% to 0.83.

The US Dollar Index Futures was down 0.19% at 106.22.

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.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.