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Germany stocks higher at close of trade; DAX up 1.59%

Published 09/26/2024, 12:05 PM
Updated 09/26/2024, 12:08 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.59%
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Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Technology, Consumer & Cyclical and Retail sectors led shares higher.

At the close in Frankfurt, the DAX added 1.59% to hit a new all time high, while the MDAX index added 1.82%, and the TecDAX index climbed 1.98%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 8.14% or 18.70 points to trade at 248.30 at the close. Meanwhile, Commerzbank AG O.N. (ETR:CBKG) added 6.90% or 1.05 points to end at 16.34 and Siemens AG Class N (ETR:SIEGn) was up 5.33% or 9.20 points to 181.74 in late trade.

The worst performers of the session were Rheinmetall AG (ETR:RHMG), which fell 1.61% or 7.90 points to trade at 484.30 at the close. Symrise AG Inh. O.N. (ETR:SY1G) declined 1.22% or 1.50 points to end at 121.95 and Siemens Energy AG (ETR:ENR1n) was down 0.95% or 0.32 points to 33.35.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 6.21% to 9.10, Hugo Boss AG NA O.N. (ETR:BOSSn) which was up 5.55% to settle at 39.97 and Aurubis AG (ETR:NAFG) which gained 5.18% to close at 66.00.

The worst performers were Nordex SE O.N. (ETR:NDXG) which was down 0.92% to 14.05 in late trade, Scout24 AG (ETR:G24n) which lost 0.70% to settle at 77.80 and Freenet AG NA (ETR:FNTGn) which was down 0.44% to 27.02 at the close.

The top performers on the TecDAX were SUSS MicroTec SE (ETR:SMHNn) which rose 9.21% to 67.60, Sartorius AG VZO O.N. (ETR:SATG_p) which was up 8.14% to settle at 248.30 and Elmos Semiconductor AG (ETR:ELGG) which gained 4.31% to close at 67.70.

The worst performers were Nordex SE O.N. (ETR:NDXG) which was down 0.92% to 14.05 in late trade, Deutsche Telekom AG Na (ETR:DTEGn) which lost 0.49% to settle at 26.35 and Freenet AG NA (ETR:FNTGn) which was down 0.44% to 27.02 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 402 to 219 and 28 ended unchanged.

Shares in Commerzbank AG O.N. (ETR:CBKG) rose to 5-year highs; up 6.90% or 1.05 to 16.34.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.86% to 14.95.

Gold Futures for December delivery was up 0.17% or 4.50 to $2,689.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.12% or 1.48 to hit $68.21 a barrel, while the December Brent oil contract fell 1.85% or 1.35 to trade at $71.55 a barrel.

EUR/USD was unchanged 0.39% to 1.12, while EUR/GBP unchanged 0.29% to 0.83.

The US Dollar Index Futures was down 0.31% at 100.31.

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