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Germany stocks higher at close of trade; DAX up 0.75%

Published 10/11/2024, 12:05 PM
Updated 10/11/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.75%
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Industrials, Financial Services and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.75%, while the MDAX index climbed 0.46%, and the TecDAX index added 0.59%.

The best performers of the session on the DAX were Airbus Group SE (ETR:AIRG), which rose 3.93% or 5.02 points to trade at 132.90 at the close. Meanwhile, Siemens Energy AG (ETR:ENR1n) added 3.29% or 1.14 points to end at 35.83 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was up 2.31% or 1.60 points to 70.98 in late trade.

The worst performers of the session were Bayer AG NA (ETR:BAYGN), which fell 1.89% or 0.51 points to trade at 26.27 at the close. Rheinmetall AG (ETR:RHMG) declined 1.56% or 7.50 points to end at 473.50 and Bayerische Motoren Werke AG (ETR:BMWG) was down 1.12% or 0.86 points to 75.78.

The top performers on the MDAX were Aroundtown Property Holdings PLC (ETR:AT1) which rose 5.98% to 2.96, Traton SE (ETR:8TRA) which was up 3.64% to settle at 29.90 and Hypoport AG (ETR:HYQGn) which gained 3.35% to close at 283.60.

The worst performers were HelloFresh SE (ETR:HFGG) which was down 3.28% to 8.92 in late trade, Delivery Hero AG (ETR:DHER) which lost 2.49% to settle at 38.75 and Siltronic AG (ETR:WAFGn) which was down 2.11% to 62.60 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 5.33% to 93.90, Eckert & Ziegler AG O.N. (ETR:EUZG) which was up 2.95% to settle at 41.94 and Kontron AG (ETR:KTN) which gained 2.91% to close at 16.99.

The worst performers were CompuGroup Medical AG O.N. (ETR:COP1n) which was down 2.46% to 13.50 in late trade, Siltronic AG (ETR:WAFGn) which lost 2.11% to settle at 62.60 and Atoss Software AG (ETR:AOFG) which was down 2.09% to 131.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 364 to 247 and 24 ended unchanged.

Shares in Siemens Energy AG (ETR:ENR1n) rose to all time highs; rising 3.29% or 1.14 to 35.83. Shares in Siltronic AG (ETR:WAFGn) fell to 52-week lows; falling 2.11% or 1.35 to 62.60. Shares in Siltronic AG (ETR:WAFGn) fell to 52-week lows; falling 2.11% or 1.35 to 62.60.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.31% to 17.64.

Gold Futures for December delivery was up 1.41% or 37.30 to $2,676.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.71% or 0.54 to hit $75.31 a barrel, while the December Brent oil contract fell 0.62% or 0.49 to trade at $78.91 a barrel.

EUR/USD was unchanged 0.08% to 1.09, while EUR/GBP unchanged 0.06% to 0.84.

The US Dollar Index Futures was down 0.11% at 102.66.

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