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Germany stocks higher at close of trade; DAX up 0.52%

Published 09/17/2024, 12:05 PM
Updated 09/17/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.52%
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Technology and Chemicals sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.52%, while the MDAX index gained 1.53%, and the TecDAX index gained 0.77%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 7.33% or 1.76 points to trade at 25.76 at the close. Meanwhile, Siemens Energy AG (ETR:ENR1n) added 4.26% or 1.24 points to end at 30.35 and Daimler Truck Holding AG (ETR:DTGGe) was up 3.51% or 1.09 points to 32.15 in late trade.

The worst performers of the session were Rheinmetall AG (ETR:RHMG), which fell 6.75% or 35.00 points to trade at 483.20 at the close. MTU Aero Engines NA O.N. (ETR:MTXGn) declined 2.42% or 6.70 points to end at 269.70 and Hannover Rueck SE (ETR:HNRGn) was down 1.64% or 4.20 points to 252.00.

The top performers on the MDAX were Delivery Hero AG (ETR:DHER) which rose 7.76% to 29.99, HelloFresh SE (ETR:HFGG) which was up 5.34% to settle at 8.64 and Tui AG NA (ETR:TUI1n) which gained 4.79% to close at 6.30.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 7.27% to 28.08 in late trade, Tag Immobilien AG (ETR:TEGG) which lost 1.77% to settle at 16.06 and Talanx AG NA O.N. (ETR:TLXGn) which was down 1.57% to 75.35 at the close.

The top performers on the TecDAX were SUSS MicroTec SE (ETR:SMHNn) which rose 7.08% to 57.50, SMA Solar Technology AG (ETR:S92G) which was up 6.09% to settle at 18.98 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 4.47% to close at 59.55.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 7.27% to 28.08 in late trade, Deutsche Telekom AG Na (ETR:DTEGn) which lost 0.85% to settle at 26.68 and Kontron AG (ETR:KTN) which was down 0.81% to 16.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 410 to 189 and 32 ended unchanged.

Shares in Siemens Energy AG (ETR:ENR1n) rose to 3-years highs; up 4.26% or 1.24 to 30.35.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.40% to 15.27.

Gold Futures for December delivery was down 0.70% or 18.30 to $2,590.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.67% or 1.15 to hit $70.17 a barrel, while the November Brent oil contract rose 1.37% or 1.00 to trade at $73.75 a barrel.

EUR/USD was unchanged 0.11% to 1.11, while EUR/GBP unchanged 0.30% to 0.84.

The US Dollar Index Futures was up 0.17% at 100.60.

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