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Germany stocks higher at close of trade; DAX up 1.22%

Published 11/11/2024, 12:05 PM
Updated 11/11/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.22%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Media and Retail sectors led shares higher.

At the close in Frankfurt, the DAX added 1.22%, while the MDAX index gained 1.61%, and the TecDAX index added 1.13%.

The best performers of the session on the DAX were Continental AG O.N. (ETR:CONG), which rose 10.62% or 6.00 points to trade at 62.50 at the close. Meanwhile, Heidelberg Materials AG (ETR:HEIG) added 4.17% or 4.85 points to end at 121.10 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 3.97% or 0.62 points to 16.14 in late trade.

The worst performers of the session were Daimler Truck Holding AG (ETR:DTGGe), which fell 1.09% or 0.41 points to trade at 37.16 at the close. Fresenius SE & Co KGAA O.N. (ETR:FREG) declined 1.03% or 0.35 points to end at 33.50 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was down 0.40% or 0.26 points to 64.34.

The top performers on the MDAX were Hensoldt Ag (ETR:HAGG) which rose 5.81% to 35.34, Delivery Hero AG (ETR:DHER) which was up 5.17% to settle at 39.07 and CTS Eventim AG (ETR:EVDG) which gained 5.13% to close at 92.20.

The worst performers were TeamViewer AG (ETR:TMV) which was down 2.23% to 11.42 in late trade, Thyssenkrupp AG O.N. (ETR:TKAG) which lost 2.18% to settle at 3.33 and Hugo Boss AG NA O.N. (ETR:BOSSn) which was down 1.15% to 41.28 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 16.76% to 8.91, Hensoldt Ag (ETR:HAGG) which was up 5.81% to settle at 35.34 and Cancom SE O.N. (ETR:COKG) which gained 3.92% to close at 25.44.

The worst performers were Energiekontor AG (ETR:EKTG) which was down 2.40% to 42.65 in late trade, TeamViewer AG (ETR:TMV) which lost 2.23% to settle at 11.42 and SUSS MicroTec SE (ETR:SMHNn) which was down 1.90% to 51.60 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 419 to 223 and 28 ended unchanged.

Shares in Heidelberg Materials AG (ETR:HEIG) rose to all time highs; gaining 4.17% or 4.85 to 121.10. Shares in Energiekontor AG (ETR:EKTG) fell to 3-years lows; falling 2.40% or 1.05 to 42.65.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.52% to 15.37 a new 1-month low.

Gold Futures for December delivery was down 2.71% or 73.15 to $2,621.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.98% or 2.10 to hit $68.28 a barrel, while the January Brent oil contract fell 2.64% or 1.95 to trade at $71.92 a barrel.

EUR/USD was down 0.60% to 1.07, while EUR/GBP unchanged 0.27% to 0.83.

The US Dollar Index Futures was up 0.51% at 105.43.

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