Germany shares higher at close of trade; DAX up 1.03%

Published 18-03-2025, 10:35 pm
© Reuters.  Germany shares higher at close of trade; DAX up 1.03%

Investing.com – Germany equities were higher at the close on Tuesday, as gains in the DAX Technology, DAX Industrial and DAX Chemicals sectors led shares higher.

At the close in Frankfurt, the DAX added 1.03%, while the MDAX index gained 1.52%, and the TecDAX index gained 0.99%.

The biggest gainers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 5.67% or 77.50 points to trade at 1,445.50 at the close. Deutsche Bank AG NA O.N. (ETR:DBKGn) added 4.26% or 0.94 points to end at 22.88 and Bayer AG NA (ETR:BAYGN) was up 4.08% or 0.97 points to 24.76 in late trade.

Biggest losers included Vonovia SE (ETR:VNAn), which fell 1.85% or 0.48 points to trade at 25.52 in late trade. Heidelberg Materials AG (ETR:HEIG) declined 1.81% or 3.20 points to end at 173.35 and Beiersdorf AG O.N. (ETR:BEIG) down 1.57% or 2.10 points to 131.55.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 12.66% to 10.31, Hensoldt Ag (ETR:HAGG) which was up 5.73% to settle at 78.45 and Wacker Chemie O.N. (ETR:WCHG) which gained 4.53% to close at 87.18.

The worst performers were Redcare Pharmacy NV (ETR:RDC) which was down 5.02% to 130.50 in late trade, Gerresheimer AG (ETR:GXIG) which lost 2.74% to settle at 78.00 and Deutsche Wohnen AG (ETR:DWNG) which was down 1.65% to 20.85 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 5.73% to 78.45, Atoss Software AG (ETR:AOFG) which was up 5.39% to settle at 129.00 and Kontron AG (ETR:KTN) which gained 4.10% to close at 25.92.

The worst performers were Formycon AG (ETR:FYB) which was down 2.74% to 26.65 in late trade, Sartorius AG VZO O.N. (ETR:SATG_p) which lost 1.09% to settle at 244.80 and Deutsche Telekom AG Na (ETR:DTEGn) which was down 0.09% to 33.79 at the close.

Rising stocks outnumbered declining ones by 398 to 225 and 29 ended unchanged on the Frankfurt Stock Exchange.

Shares in Rheinmetall AG (ETR:RHMG) rose to all time highs; up 5.67% or 77.50 to 1,445.50. Shares in Deutsche Bank AG NA O.N. (ETR:DBKGn) rose to 5-year highs; rising 4.26% or 0.94 to 22.88. Shares in Thyssenkrupp AG O.N. (ETR:TKAG) rose to 3-year highs; gaining 12.66% or 1.16 to 10.31. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; gaining 5.73% or 4.25 to 78.45. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; gaining 5.73% or 4.25 to 78.45. Shares in Kontron AG (ETR:KTN) rose to 5-year highs; up 4.10% or 1.02 to 25.92.

The DAX New Volatility, which measures the implied volatility of DAX options, was up 2.83% to 22.81 a new 6-month high.

Gold Futures for April delivery was up 1.25% or 37.61 to $3,043.71 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.96% or 0.65 to hit $66.72 a barrel, while the May Brent oil contract fell 0.80% or 0.57 to trade at $70.50 a barrel.

EUR/USD was unchanged 0.18% to 1.09, while EUR/GBP unchanged 0.14% to 0.84.

The US Dollar Index Futures was down 0.08% at 102.92.

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