Germany shares higher at close of trade; DAX up 0.29%

Published 18-02-2025, 10:35 pm
© Reuters.

Investing.com – Germany equities were higher at the close on Tuesday, as gains in the DAX Media, DAX Food & Beverage and DAX Telecom sectors led shares higher.

At the close in Frankfurt, the DAX added 0.29% to hit a new all time high, while the MDAX index climbed 0.59%, and the TecDAX index added 0.14%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (ETR:CBKG), which rose 1.90% or 0.37 points to trade at 19.84 at the close. Daimler Truck Holding AG (ETR:DTGGe) added 1.72% or 0.74 points to end at 43.67 and Airbus Group SE (ETR:AIRG) was up 1.55% or 2.64 points to 173.02 in late trade.

Biggest losers included Zalando SE (ETR:ZALG), which fell 3.11% or 1.24 points to trade at 38.62 in late trade. Adidas AG (ETR:ADSGN) declined 1.77% or 4.60 points to end at 255.20 and Sartorius AG VZO O.N. (ETR:SATG_p) down 1.71% or 4.20 points to 240.70.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 6.99% to 6.00, CTS Eventim AG (ETR:EVDG) which was up 4.18% to settle at 104.60 and Siltronic AG (ETR:WAFGn) which gained 4.03% to close at 48.02.

The worst performers were Delivery Hero AG (ETR:DHER) which was down 2.97% to 31.39 in late trade, SCHOTT Pharma AG & Co KgaA (ETR:1SXP) which lost 1.66% to settle at 23.74 and Fraport AG (ETR:FRAG) which was down 1.38% to 57.05 at the close.

The top performers on the TecDAX were Siltronic AG (ETR:WAFGn) which rose 4.03% to 48.02, PNE Wind AG (ETR:PNEGn) which was up 2.81% to settle at 12.46 and United Internet AG NA (ETR:UTDI) which gained 2.24% to close at 15.98.

The worst performers were Elmos Semiconductor AG (ETR:ELGG) which was down 4.68% to 69.20 in late trade, Sartorius AG VZO O.N. (ETR:SATG_p) which lost 1.71% to settle at 240.70 and IONOS Group SE (ETR:IOSn) which was down 1.69% to 23.30 at the close.

Rising stocks outnumbered declining ones by 331 to 292 and 33 ended unchanged on the Frankfurt Stock Exchange.

Shares in Commerzbank AG O.N. (ETR:CBKG) rose to 5-year highs; gaining 1.90% or 0.37 to 19.84. Shares in Airbus Group SE (ETR:AIRG) rose to all time highs; up 1.55% or 2.64 to 173.02. Shares in Thyssenkrupp AG O.N. (ETR:TKAG) rose to 52-week highs; up 6.99% or 0.39 to 6.00. Shares in CTS Eventim AG (ETR:EVDG) rose to all time highs; rising 4.18% or 4.20 to 104.60.

The DAX New Volatility, which measures the implied volatility of DAX options, was up 0.71% to 18.12 a new 1-month high.

Gold Futures for April delivery was up 1.70% or 49.35 to $2,950.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.43% or 1.01 to hit $71.72 a barrel, while the April Brent oil contract rose 0.72% or 0.54 to trade at $75.76 a barrel.

EUR/USD was unchanged 0.32% to 1.04, while EUR/GBP unchanged 0.18% to 0.83.

The US Dollar Index Futures was up 0.30% at 106.90.

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