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

Published 09/23/2024, 12:05 PM
Updated 09/23/2024, 12:07 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 Retail, Utilities and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX added 0.58%, while the MDAX index climbed 0.53%, and the TecDAX index climbed 0.30%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 3.17% or 0.85 points to trade at 27.68 at the close. Meanwhile, Siemens Energy AG (ETR:ENR1n) added 2.88% or 0.93 points to end at 33.23 and RWE AG ST O.N. (ETR:RWEG) was up 2.77% or 0.86 points to 31.94 in late trade.

The worst performers of the session were Commerzbank AG O.N. (ETR:CBKG), which fell 5.68% or 0.89 points to trade at 14.78 at the close. BASF SE NA O.N. (ETR:BASFN) declined 1.89% or 0.87 points to end at 45.15 and Merck KGaA (ETR:MRCG) was down 1.27% or 2.00 points to 155.55.

The top performers on the MDAX were Delivery Hero AG (ETR:DHER) which rose 4.43% to 31.36, Aroundtown Property Holdings PLC (ETR:AT1) which was up 3.71% to settle at 2.77 and Hypoport AG (ETR:HYQGn) which gained 2.99% to close at 275.20.

The worst performers were Aurubis AG (ETR:NAFG) which was down 10.13% to 63.00 in late trade, Gerresheimer AG (ETR:GXIG) which lost 2.17% to settle at 96.95 and HelloFresh SE (ETR:HFGG) which was down 2.06% to 8.28 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 2.81% to 17.90, Carl Zeiss Meditec AG (ETR:AFXG) which was up 2.75% to settle at 58.00 and SUSS MicroTec SE (ETR:SMHNn) which gained 2.11% to close at 58.10.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 3.58% to 5.79 in late trade, Elmos Semiconductor AG (ETR:ELGG) which lost 3.43% to settle at 62.00 and Jenoptik AG (ETR:JENGn) which was down 2.02% to 26.16 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 366 to 257 and 28 ended unchanged.

Shares in Zalando SE (ETR:ZALG) rose to 52-week highs; rising 3.17% or 0.85 to 27.68. Shares in Siemens Energy AG (ETR:ENR1n) rose to 3-years highs; up 2.88% or 0.93 to 33.23.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.83% to 14.20.

Gold Futures for December delivery was up 0.28% or 7.30 to $2,653.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.32% or 0.94 to hit $70.06 a barrel, while the December Brent oil contract fell 1.09% or 0.80 to trade at $72.89 a barrel.

EUR/USD was unchanged 0.31% to 1.11, while EUR/GBP unchanged 0.57% to 0.83.

The US Dollar Index Futures was up 0.12% at 100.54.

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