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Germany shares higher at close of trade; DAX up 0.97%

Published 12-09-2024, 09:35 pm
Updated 12-09-2024, 09:37 pm
© Reuters.  Germany shares higher at close of trade; DAX up 0.97%
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Investing.com – Germany equities were higher at the close on Thursday, as gains in the DAX Software, DAX Transportation & Logistics and DAX Technology sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.97%, while the MDAX index added 0.43%, and the TecDAX index climbed 0.84%.

The biggest gainers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 5.12% or 1.30 points to trade at 26.69 at the close. Adidas AG (ETR:ADSGN) added 2.68% or 5.70 points to end at 218.50 and Deutsche Post AG NA O.N. (ETR:DHLn) was up 2.50% or 0.98 points to 40.22 in late trade.

Biggest losers included Sartorius AG VZO O.N. (ETR:SATG_p), which fell 1.97% or 4.90 points to trade at 244.30 in late trade. Dr Ing hc F Porsche AG Preferred (ETR:P911_p) declined 1.59% or 1.06 points to end at 65.72 and Continental AG O.N. (ETR:CONG) down 1.52% or 0.80 points to 51.90.

The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 5.00% to 15.77, Redcare Pharmacy NV (ETR:RDC) which was up 4.88% to settle at 122.40 and Delivery Hero AG (ETR:DHER) which gained 3.16% to close at 27.75.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 2.87% to 55.75 in late trade, Aroundtown Property Holdings PLC (ETR:AT1) which lost 2.08% to settle at 2.68 and Fresenius Medical Care KGAA ST (ETR:FMEG) which was down 1.73% to 36.29 at the close.

The top performers on the TecDAX were Aixtron SE (ETR:AIXGn) which rose 5.00% to 15.77, Kontron AG (ETR:KTN) which was up 3.06% to settle at 16.17 and TeamViewer AG (ETR:TMV) which gained 2.82% to close at 11.67.

The worst performers were Elmos Semiconductor AG (ETR:ELGG) which was down 3.88% to 66.90 in late trade, Carl Zeiss Meditec AG (ETR:AFXG) which lost 2.87% to settle at 55.75 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 1.97% to 244.30 at the close.

Rising stocks outnumbered declining ones by 396 to 226 and 26 ended unchanged on the Frankfurt Stock Exchange.

Shares in Continental AG O.N. (ETR:CONG) fell to 52-week lows; losing 1.52% or 0.80 to 51.90. Shares in Carl Zeiss Meditec AG (ETR:AFXG) fell to 5-year lows; down 2.87% or 1.65 to 55.75. Shares in Carl Zeiss Meditec AG (ETR:AFXG) fell to 5-year lows; losing 2.87% or 1.65 to 55.75.

The DAX New Volatility, which measures the implied volatility of DAX options, was down 0.84% to 17.67.

Gold Futures for December delivery was up 1.48% or 37.60 to $2,580.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 3.12% or 2.10 to hit $69.41 a barrel, while the November Brent oil contract rose 2.63% or 1.86 to trade at $72.47 a barrel.

EUR/USD was unchanged 0.32% to 1.10, while EUR/GBP unchanged 0.05% to 0.84.

The US Dollar Index Futures was down 0.16% at 101.49.

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