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Germany stocks higher at close of trade; DAX up 0.76%

Published 03/26/2024, 01:05 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.76%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Media, Technology and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.76% to hit a new all time high, while the MDAX index gained 0.78%, and the TecDAX index gained 0.86%.

The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 2.72% or 13.80 points to trade at 521.00 at the close. Meanwhile, Vonovia SE (ETR:VNAn) added 2.08% or 0.56 points to end at 27.52 and Bayer AG NA (ETR:BAYGN) was up 1.77% or 0.48 points to 27.32 in late trade.

The worst performers of the session were Qiagen NV (ETR:QIA), which fell 1.99% or 0.80 points to trade at 39.08 at the close. Symrise AG Inh. O.N. (ETR:SY1G) declined 1.67% or 1.88 points to end at 110.47 and Covestro AG (ETR:1COV) was down 1.48% or 0.75 points to 49.91.

The top performers on the MDAX were Hensoldt Ag (ETR:HAGG) which rose 6.76% to 43.60, CTS Eventim AG (ETR:EVDG) which was up 5.08% to settle at 77.50 and Befesa SA (ETR:BFSA) which gained 4.13% to close at 31.76.

The worst performers were Redcare Pharmacy NV (ETR:RDC) which was down 4.53% to 141.05 in late trade, Gerresheimer AG (ETR:GXIG) which lost 3.85% to settle at 100.00 and Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) which was down 1.30% to 45.52 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 6.76% to 43.60, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 3.94% to settle at 27.94 and Evotec AG O.N. (ETR:EVTG) which gained 2.15% to close at 13.77.

The worst performers were Qiagen NV (ETR:QIA) which was down 1.99% to 39.08 in late trade, Eckert & Ziegler AG O.N. (ETR:EUZG) which lost 1.01% to settle at 37.40 and Aixtron SE (ETR:AIXGn) which was down 0.74% to 25.51 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 407 to 218 and 27 ended unchanged.

Shares in Rheinmetall AG (ETR:RHMG) rose to all time highs; up 2.72% or 13.80 to 521.00. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; rising 6.76% or 2.76 to 43.60. Shares in CTS Eventim AG (ETR:EVDG) rose to all time highs; up 5.08% or 3.75 to 77.50. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; gaining 6.76% or 2.76 to 43.60.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.78% to 12.03.

Gold Futures for April delivery was up 0.05% or 1.05 to $2,177.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.13% or 0.11 to hit $82.06 a barrel, while the June Brent oil contract fell 0.10% or 0.09 to trade at $85.99 a barrel.

EUR/USD was unchanged 0.04% to 1.08, while EUR/GBP unchanged 0.01% to 0.86.

The US Dollar Index Futures was up 0.04% at 103.97.

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