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

Published 07/30/2024, 12:05 PM
Updated 07/30/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.56%
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Food & Beverages and Insurance sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.56%, while the MDAX index climbed 0.97%, and the TecDAX index gained 0.26%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 3.69% or 9.00 points to trade at 252.70 at the close. Meanwhile, Airbus Group SE (ETR:AIRG) added 2.55% or 3.32 points to end at 133.56 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 2.05% or 0.29 points to 14.61 in late trade.

The worst performers of the session were Siemens Healthineers AG (ETR:SHLG), which fell 1.34% or 0.72 points to trade at 53.20 at the close. Henkel & Co KGaA AG Pref (ETR:HNKG_p) declined 1.26% or 1.00 points to end at 78.58 and Heidelbergcement AG O.N. (ETR:HEIG) was down 0.87% or 0.86 points to 97.80.

The top performers on the MDAX were Redcare Pharmacy NV (ETR:RDC) which rose 9.33% to 145.30, Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) which was up 6.50% to settle at 39.96 and Delivery Hero AG (ETR:DHER) which gained 4.18% to close at 20.19.

The worst performers were Fresenius Medical Care KGAA ST (ETR:FMEG) which was down 4.51% to 35.75 in late trade, Lanxess AG (ETR:LXSG) which lost 3.00% to settle at 24.26 and Wacker Chemie O.N. (ETR:WCHG) which was down 1.64% to 92.16 at the close.

The top performers on the TecDAX were Cancom SE O.N. (ETR:COKG) which rose 3.79% to 32.90, Sartorius AG VZO O.N. (ETR:SATG_p) which was up 3.69% to settle at 252.70 and Nagarro SE (ETR:NA9n) which gained 2.69% to close at 80.20.

The worst performers were Suess Microtec NA O.N. (ETR:SMHNn) which was down 1.98% to 59.50 in late trade, Siemens Healthineers AG (ETR:SHLG) which lost 1.34% to settle at 53.20 and Evotec AG O.N. (ETR:EVTG) which was down 1.15% to 8.60 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 364 to 223 and 29 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.32% to 15.71.

Gold Futures for December delivery was up 0.22% or 5.30 to $2,430.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.49% or 1.13 to hit $74.68 a barrel, while the October Brent oil contract fell 1.33% or 1.05 to trade at $78.00 a barrel.

EUR/USD was unchanged 0.09% to 1.08, while EUR/GBP unchanged 0.13% to 0.84.

The US Dollar Index Futures was up 0.07% at 104.39.

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