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

Published 13-09-2024, 09:35 pm
© Reuters.  Germany shares higher at close of trade; DAX up 0.92%
DE40
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DHLn
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Investing.com – Germany equities were higher at the close on Friday, as gains in the DAX Retail, DAX Chemicals and DAX Technology sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.92%, while the MDAX index gained 1.36%, and the TecDAX index gained 0.87%.

The biggest gainers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 10.30% or 2.20 points to trade at 23.55 at the close. Siemens Energy AG (ETR:ENR1n) added 9.44% or 2.52 points to end at 29.21 and Commerzbank AG O.N. (ETR:CBKG) was up 4.17% or 0.63 points to 15.63 in late trade.

Biggest losers included Deutsche Post AG NA O.N. (ETR:DHLn), which fell 1.02% or 0.41 points to trade at 39.81 in late trade. Siemens Healthineers AG (ETR:SHLG) declined 0.42% or 0.21 points to end at 49.79 and Merck KGaA (ETR:MRCG) down 0.21% or 0.35 points to 168.20.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 5.49% to 2.98, HelloFresh SE (ETR:HFGG) which was up 4.75% to settle at 8.03 and Hugo Boss AG NA O.N. (ETR:BOSSn) which gained 4.63% to close at 36.17.

The worst performers were Gerresheimer AG (ETR:GXIG) which was down 2.52% to 100.40 in late trade, Siltronic AG (ETR:WAFGn) which lost 1.16% to settle at 68.00 and Encavis AG (ETR:ECVG) which was down 0.47% to 17.06 at the close.

The top performers on the TecDAX were PNE Wind AG (ETR:PNEGn) which rose 5.19% to 11.76, Evotec AG O.N. (ETR:EVTG) which was up 4.31% to settle at 6.30 and Nordex SE O.N. (ETR:NDXG) which gained 4.21% to close at 14.84.

The worst performers were Siltronic AG (ETR:WAFGn) which was down 1.16% to 68.00 in late trade, Elmos Semiconductor AG (ETR:ELGG) which lost 0.45% to settle at 66.60 and Siemens Healthineers AG (ETR:SHLG) which was down 0.42% to 49.79 at the close.

Rising stocks outnumbered declining ones by 446 to 157 and 27 ended unchanged on the Frankfurt Stock Exchange.

Shares in Siemens Energy AG (ETR:ENR1n) rose to 3-year highs; gaining 9.44% or 2.52 to 29.21. Shares in Siltronic AG (ETR:WAFGn) fell to 52-week lows; down 1.16% or 0.80 to 68.00. Shares in Siltronic AG (ETR:WAFGn) fell to 52-week lows; losing 1.16% or 0.80 to 68.00.

The DAX New Volatility, which measures the implied volatility of DAX options, was down 8.87% to 16.10.

Gold Futures for December delivery was up 1.22% or 31.55 to $2,612.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.45% or 0.31 to hit $69.28 a barrel, while the November Brent oil contract rose 0.44% or 0.32 to trade at $72.29 a barrel.

EUR/USD was unchanged 0.05% to 1.11, while EUR/GBP unchanged 0.00% to 0.84.

The US Dollar Index Futures was down 0.29% at 101.06.

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