💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Germany stocks higher at close of trade; DAX up 0.56%

Published 12/19/2023, 12:05 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.56%

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

At the close in Frankfurt, the DAX added 0.56%, while the MDAX index climbed 0.94%, and the TecDAX index climbed 0.79%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 3.99% or 13.40 points to trade at 349.30 at the close. Meanwhile, Zalando SE (ETR:ZALG) added 3.35% or 0.75 points to end at 23.15 and Siemens AG Class N (ETR:SIEGn) was up 2.80% or 4.58 points to 167.98 in late trade.

The worst performers of the session were Porsche Automobil Holding SE (ETR:PSHG_p), which fell 1.29% or 0.62 points to trade at 47.62 at the close. Volkswagen AG VZO O.N. (ETR:VOWG_p) declined 0.56% or 0.64 points to end at 114.16 and Daimler Truck Holding AG (ETR:DTGGe) was down 0.53% or 0.18 points to 34.00.

The top performers on the MDAX were Delivery Hero AG (ETR:DHER) which rose 4.68% to 29.73, HelloFresh SE (ETR:HFGG) which was up 3.03% to settle at 14.63 and Kion Group AG (ETR:KGX) which gained 2.96% to close at 38.95.

The worst performers were Vitesco Technologies Group AG (ETR:VTSCn) which was down 2.56% to 87.40 in late trade, Siltronic AG (ETR:WAFGn) which lost 1.81% to settle at 83.85 and Freenet AG NA (ETR:FNTGn) which was down 1.44% to 24.70 at the close.

The top performers on the TecDAX were PNE Wind AG (ETR:PNEGn) which rose 4.21% to 13.86, Sartorius AG VZO O.N. (ETR:SATG_p) which was up 3.99% to settle at 349.30 and Verbio Vereinigte Bioenergie AG (ETR:VBKG) which gained 3.46% to close at 27.50.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 6.03% to 32.89 in late trade, Siltronic AG (ETR:WAFGn) which lost 1.81% to settle at 83.85 and Freenet AG NA (ETR:FNTGn) which was down 1.44% to 24.70 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 369 to 237 and 46 ended unchanged.

Shares in Siemens AG Class N (ETR:SIEGn) rose to all time highs; gaining 2.80% or 4.58 to 167.98.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.84% to 12.77.

Gold Futures for February delivery was up 0.89% or 18.15 to $2,058.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.00% or 1.46 to hit $74.28 a barrel, while the February Brent oil contract rose 2.03% or 1.58 to trade at $79.53 a barrel.

EUR/USD was up 0.49% to 1.10, while EUR/GBP unchanged 0.31% to 0.86.

The US Dollar Index Futures was down 0.43% at 101.75.

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.