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Germany stocks higher at close of trade; DAX up 0.58%

Published 08/19/2024, 12:05 PM
Updated 08/19/2024, 12:11 PM
© Reuters Germany stocks higher at close of trade; DAX up 0.58%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Food & Beverages, Transportation & Logistics and Media sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.58%, while the MDAX index gained 0.64%, and the TecDAX index gained 0.22%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 3.02% or 0.70 points to trade at 23.90 at the close. Meanwhile, Dr Ing hc F Porsche AG Preferred (ETR:P911_p) added 1.71% or 1.16 points to end at 68.92 and Brenntag AG (ETR:BNRGn) was up 1.55% or 0.98 points to 64.22 in late trade.

The worst performers of the session were Rheinmetall AG (ETR:RHMG), which fell 1.96% or 11.00 points to trade at 551.20 at the close. Covestro AG (ETR:1COV) declined 0.55% or 0.30 points to end at 54.30 and Henkel & Co KGaA AG Pref (ETR:HNKG_p) was down 0.33% or 0.26 points to 77.90.

The top performers on the MDAX were Aroundtown Property Holdings PLC (ETR:AT1) which rose 4.21% to 2.13, Thyssenkrupp AG O.N. (ETR:TKAG) which was up 3.64% to settle at 3.24 and Lanxess AG (ETR:LXSG) which gained 2.43% to close at 24.45.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 4.64% to 34.56 in late trade, K+S AG (ETR:SDFGn) which lost 2.40% to settle at 10.98 and Redcare Pharmacy NV (ETR:RDC) which was down 2.02% to 136.00 at the close.

The top performers on the TecDAX were Atoss Software AG (ETR:AOFG) which rose 3.97% to 141.40, 11 AG (ETR:1U1) which was up 2.45% to settle at 13.36 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 1.83% to close at 64.05.

The worst performers were PNE Wind AG (ETR:PNEGn) which was down 6.00% to 13.16 in late trade, Hensoldt Ag (ETR:HAGG) which lost 4.64% to settle at 34.56 and Suess Microtec NA O.N. (ETR:SMHNn) which was down 1.89% to 57.20 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 408 to 219 and 34 ended unchanged.

Shares in K+S AG (ETR:SDFGn) fell to 3-years lows; down 2.40% or 0.27 to 10.98. Shares in Atoss Software AG (ETR:AOFG) rose to 52-week highs; rising 3.97% or 5.40 to 141.40.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.93% to 13.98.

Gold Futures for December delivery was up 0.20% or 4.95 to $2,542.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.92% or 1.45 to hit $74.09 a barrel, while the October Brent oil contract fell 1.90% or 1.51 to trade at $78.17 a barrel.

EUR/USD was unchanged 0.39% to 1.11, while EUR/GBP unchanged 0.05% to 0.85.

The US Dollar Index Futures was down 0.49% at 101.81.

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