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Germany stocks higher at close of trade; DAX up 0.68%

Published 07/26/2024, 12:05 PM
Updated 07/26/2024, 12:06 PM
©  Reuters Germany stocks higher at close of trade; DAX up 0.68%
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Retail, Consumer & Cyclical and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.68%, while the MDAX index added 0.71%, and the TecDAX index climbed 1.03%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 6.52% or 14.90 points to trade at 243.30 at the close. Meanwhile, Rheinmetall AG (ETR:RHMG) added 3.80% or 17.90 points to end at 489.30 and Merck KGaA (ETR:MRCG) was up 2.70% or 4.20 points to 159.50 in late trade.

The worst performers of the session were BASF SE NA O.N. (ETR:BASFN), which fell 2.31% or 1.03 points to trade at 43.74 at the close. Commerzbank AG O.N. (ETR:CBKG) declined 1.25% or 0.19 points to end at 15.06 and Bayerische Motoren Werke AG (ETR:BMWG) was down 0.73% or 0.64 points to 87.56.

The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 4.93% to 20.54, Delivery Hero AG (ETR:DHER) which was up 4.25% to settle at 19.36 and HelloFresh SE (ETR:HFGG) which gained 3.91% to close at 5.90.

The worst performers were Wacker Chemie O.N. (ETR:WCHG) which was down 7.77% to 93.48 in late trade, Thyssenkrupp AG O.N. (ETR:TKAG) which lost 7.73% to settle at 3.57 and Lanxess AG (ETR:LXSG) which was down 2.93% to 24.54 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 6.52% to 243.30, Aixtron SE (ETR:AIXGn) which was up 4.93% to settle at 20.54 and Nordex SE O.N. (ETR:NDXG) which gained 3.23% to close at 14.07.

The worst performers were Siltronic AG (ETR:WAFGn) which was down 2.17% to 74.50 in late trade, Cancom SE O.N. (ETR:COKG) which lost 0.75% to settle at 31.84 and Hensoldt Ag (ETR:HAGG) which was down 0.72% to 33.26 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 394 to 207 and 32 ended unchanged.

Shares in Thyssenkrupp AG O.N. (ETR:TKAG) fell to 3-years lows; down 7.73% or 0.30 to 3.57.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.15% to 15.72.

Gold Futures for August delivery was up 1.30% or 30.50 to $2,384.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.41% or 1.10 to hit $77.18 a barrel, while the September Brent oil contract fell 1.52% or 1.25 to trade at $81.12 a barrel.

EUR/USD was unchanged 0.13% to 1.09, while EUR/GBP unchanged 0.02% to 0.84.

The US Dollar Index Futures was down 0.04% at 104.06.

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