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Germany shares higher at close of trade; DAX up 0.12%

Published 09-08-2024, 09:35 pm
Updated 09-08-2024, 09:36 pm
© Reuters.  Germany shares higher at close of trade; DAX up 0.12%
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Investing.com – Germany equities were higher at the close on Friday, as gains in the DAX Financial Services, DAX Food & Beverage and DAX Telecom sectors led shares higher.

At the close in Frankfurt, the DAX added 0.12%, while the MDAX index gained 0.53%, and the TecDAX index climbed 0.78%.

The biggest gainers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 5.24% or 26.80 points to trade at 538.40 at the close. Vonovia SE (ETR:VNAn) added 3.04% or 0.87 points to end at 29.46 and Siemens Healthineers AG (ETR:SHLG) was up 1.99% or 0.98 points to 50.24 in late trade.

Biggest losers included Bayer AG NA (ETR:BAYGN), which fell 1.46% or 0.39 points to trade at 25.97 in late trade. Siemens AG Class N (ETR:SIEGn) declined 1.27% or 2.02 points to end at 157.18 and Siemens Energy AG (ETR:ENR1n) down 0.82% or 0.20 points to 24.19.

The top performers on the MDAX were Jenoptik AG (ETR:JENGn) which rose 9.83% to 27.48, Lanxess AG (ETR:LXSG) which was up 6.31% to settle at 23.07 and LEG Immobilien AG (ETR:LEGn) which gained 5.45% to close at 85.52.

The worst performers were HelloFresh SE (ETR:HFGG) which was down 6.80% to 5.04 in late trade, Redcare Pharmacy NV (ETR:RDC) which lost 2.26% to settle at 138.50 and Puma SE (ETR:PUMG) which was down 1.88% to 34.91 at the close.

The top performers on the TecDAX were Jenoptik AG (ETR:JENGn) which rose 9.83% to 27.48, Evotec AG O.N. (ETR:EVTG) which was up 5.22% to settle at 5.55 and Eckert & Ziegler AG O.N. (ETR:EUZG) which gained 3.31% to close at 41.86.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 1.60% to 22.18 in late trade, Aixtron SE (ETR:AIXGn) which lost 1.13% to settle at 18.75 and Infineon Technologies AG NA O.N. (ETR:IFXGn) which was down 0.51% to 30.17 at the close.

Rising stocks outnumbered declining ones by 350 to 269 and 28 ended unchanged on the Frankfurt Stock Exchange.

Shares in Puma SE (ETR:PUMG) fell to 5-year lows; down 1.88% or 0.67 to 34.91. Shares in SMA Solar Technology AG (ETR:S92G) fell to 3-year lows; down 1.60% or 0.36 to 22.18.

The DAX New Volatility, which measures the implied volatility of DAX options, was up 0.95% to 19.60.

Gold Futures for December delivery was up 0.29% or 7.25 to $2,470.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.55% or 0.42 to hit $76.61 a barrel, while the October Brent oil contract rose 0.39% or 0.31 to trade at $79.47 a barrel.

EUR/USD was unchanged 0.06% to 1.09, while EUR/GBP unchanged 0.06% to 0.86.

The US Dollar Index Futures was down 0.11% at 102.90.

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