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Germany stocks higher at close of trade; DAX up 0.92%

Published 11/01/2024, 01:05 PM
Updated 11/01/2024, 01:07 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.92%
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Retail, Food & Beverages and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX added 0.92%, while the MDAX index gained 0.80%, and the TecDAX index climbed 0.87%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 2.44% or 5.80 points to trade at 243.50 at the close. Meanwhile, Siemens Energy AG (ETR:ENR1n) added 2.08% or 0.78 points to end at 38.31 and BASF SE NA O.N. (ETR:BASFN) was up 2.04% or 0.91 points to 45.56 in late trade.

The worst performers of the session were Daimler Truck Holding AG (ETR:DTGGe), which fell 1.32% or 0.50 points to trade at 37.51 at the close. Hannover Rueck SE (ETR:HNRGn) declined 0.83% or 2.00 points to end at 239.50 and Volkswagen AG VZO O.N. (ETR:VOWG_p) was down 0.49% or 0.44 points to 88.50.

The top performers on the MDAX were Scout24 AG (ETR:G24n) which rose 4.86% to 83.00, HelloFresh SE (ETR:HFGG) which was up 4.69% to settle at 10.60 and Puma SE (ETR:PUMG) which gained 3.11% to close at 43.08.

The worst performers were Deutsche Lufthansa AG (ETR:LHAG) which was down 2.96% to 6.17 in late trade, Befesa SA (ETR:BFSA) which lost 2.81% to settle at 20.76 and Knorr-Bremse AG (ETR:KBX) which was down 1.79% to 74.25 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 2.44% to 243.50, Elmos Semiconductor AG (ETR:ELGG) which was up 1.82% to settle at 55.90 and Qiagen NV (ETR:QIA) which gained 1.74% to close at 39.73.

The worst performers were SUSS MicroTec SE (ETR:SMHNn) which was down 3.45% to 53.10 in late trade, PNE Wind AG (ETR:PNEGn) which lost 1.52% to settle at 11.70 and SMA Solar Technology AG (ETR:S92G) which was down 1.43% to 15.80 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 372 to 232 and 29 ended unchanged.

Shares in Volkswagen AG VZO O.N. (ETR:VOWG_p) fell to 3-years lows; down 0.49% or 0.44 to 88.50. Shares in Scout24 AG (ETR:G24n) rose to all time highs; rising 4.86% or 3.85 to 83.00. Shares in Befesa SA (ETR:BFSA) fell to all time lows; down 2.81% or 0.60 to 20.76.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.79% to 19.73 a new 1-month high.

Gold Futures for December delivery was up 0.10% or 2.80 to $2,752.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.91% or 0.63 to hit $69.89 a barrel, while the January Brent oil contract rose 0.92% or 0.67 to trade at $73.48 a barrel.

EUR/USD was unchanged 0.30% to 1.09, while EUR/GBP fell 0.70% to 0.84.

The US Dollar Index Futures was up 0.20% at 104.08.

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