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Germany stocks higher at close of trade; DAX up 0.66%

Published 10/14/2024, 12:05 PM
Updated 10/14/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.66%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Food & Beverages and Telecoms sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.66%, while the MDAX index gained 0.18%, and the TecDAX index climbed 0.92%.

The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 2.20% or 10.40 points to trade at 483.90 at the close. Meanwhile, Infineon Technologies AG NA O.N. (ETR:IFXGn) added 2.07% or 0.63 points to end at 31.05 and Airbus Group SE (ETR:AIRG) was up 1.61% or 2.14 points to 135.04 in late trade.

The worst performers of the session were Dr Ing hc F Porsche AG Preferred (ETR:P911_p), which fell 2.03% or 1.44 points to trade at 69.54 at the close. BASF SE NA O.N. (ETR:BASFN) declined 1.46% or 0.69 points to end at 46.55 and Bayer AG NA (ETR:BAYGN) was down 0.61% or 0.16 points to 26.11.

The top performers on the MDAX were Fresenius Medical Care KGAA ST (ETR:FMEG) which rose 1.89% to 36.65, Nemetschek AG O.N. (ETR:NEKG) which was up 1.88% to settle at 100.50 and Gerresheimer AG (ETR:GXIG) which gained 1.79% to close at 82.45.

The worst performers were Wacker Chemie O.N. (ETR:WCHG) which was down 3.30% to 87.94 in late trade, Delivery Hero AG (ETR:DHER) which lost 2.40% to settle at 37.82 and Nordex SE O.N. (ETR:NDXG) which was down 2.12% to 12.91 at the close.

The top performers on the TecDAX were Atoss Software AG (ETR:AOFG) which rose 2.75% to 134.60, Infineon Technologies AG NA O.N. (ETR:IFXGn) which was up 2.07% to settle at 31.05 and Nemetschek AG O.N. (ETR:NEKG) which gained 1.88% to close at 100.50.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 5.76% to 5.32 in late trade, Energiekontor AG (ETR:EKTG) which lost 2.86% to settle at 51.00 and Nordex SE O.N. (ETR:NDXG) which was down 2.12% to 12.91 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 361 to 273 and 32 ended unchanged.

Shares in Nemetschek AG O.N. (ETR:NEKG) rose to 52-week highs; gaining 1.88% or 1.85 to 100.50. Shares in Energiekontor AG (ETR:EKTG) fell to 3-years lows; down 2.86% or 1.50 to 51.00. Shares in Nemetschek AG O.N. (ETR:NEKG) rose to 52-week highs; gaining 1.88% or 1.85 to 100.50.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.24% to 16.69.

Gold Futures for December delivery was down 0.49% or 13.10 to $2,663.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.41% or 1.82 to hit $73.74 a barrel, while the December Brent oil contract fell 2.25% or 1.78 to trade at $77.26 a barrel.

EUR/USD was unchanged 0.29% to 1.09, while EUR/GBP unchanged 0.10% to 0.84.

The US Dollar Index Futures was up 0.35% at 103.04.

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