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Germany stocks higher at close of trade; DAX up 0.80%

Published 10/17/2024, 12:05 PM
Updated 10/17/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.80%
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Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Pharmaceuticals & Healthcare, Industrials and Technology sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.80% to hit a new all time high, while the MDAX index gained 0.26%, and the TecDAX index gained 1.04%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 16.45% or 37.60 points to trade at 266.20 at the close. Meanwhile, Merck KGaA (ETR:MRCG) added 7.56% or 11.65 points to end at 165.85 and Siemens Energy AG (ETR:ENR1n) was up 4.20% or 1.47 points to 36.48 in late trade.

The worst performers of the session were E.ON SE (ETR:EONGn), which fell 1.47% or 0.19 points to trade at 13.08 at the close. Vonovia SE (ETR:VNAn) declined 1.46% or 0.48 points to end at 32.35 and Daimler Truck Holding AG (ETR:DTGGe) was down 1.25% or 0.45 points to 35.46.

The top performers on the MDAX were Gerresheimer AG (ETR:GXIG) which rose 3.81% to 85.90, Aurubis AG (ETR:NAFG) which was up 3.23% to settle at 67.05 and Nordex SE O.N. (ETR:NDXG) which gained 2.41% to close at 13.19.

The worst performers were Jenoptik AG (ETR:JENGn) which was down 6.61% to 23.72 in late trade, HelloFresh SE (ETR:HFGG) which lost 2.10% to settle at 8.67 and Nemetschek AG O.N. (ETR:NEKG) which was down 1.67% to 100.20 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 16.45% to 266.20, Evotec AG O.N. (ETR:EVTG) which was up 3.05% to settle at 5.57 and 11 AG (ETR:1U1) which gained 2.42% to close at 14.40.

The worst performers were Jenoptik AG (ETR:JENGn) which was down 6.61% to 23.72 in late trade, Kontron AG (ETR:KTN) which lost 3.10% to settle at 16.54 and Nemetschek AG O.N. (ETR:NEKG) which was down 1.67% to 100.20 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 354 to 262 and 38 ended unchanged.

Shares in Siemens Energy AG (ETR:ENR1n) rose to all time highs; rising 4.20% or 1.47 to 36.48.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.26% to 17.13.

Gold Futures for December delivery was up 0.54% or 14.55 to $2,705.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.13% or 0.09 to hit $70.48 a barrel, while the December Brent oil contract fell 0.03% or 0.02 to trade at $74.20 a barrel.

EUR/USD was unchanged 0.29% to 1.08, while EUR/GBP unchanged 0.38% to 0.83.

The US Dollar Index Futures was up 0.21% at 103.61.

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