Germany shares higher at close of trade; DAX up 1.10%

Published 25-03-2025, 10:35 pm
© Reuters.  Germany shares higher at close of trade; DAX up 1.10%

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

At the close in Frankfurt, the DAX gained 1.10%, while the MDAX index climbed 0.72%, and the TecDAX index gained 0.61%.

The biggest gainers of the session on the DAX were Bayer AG NA (ETR:BAYGN), which rose 5.18% or 1.16 points to trade at 23.57 at the close. Airbus Group SE (ETR:AIRG) added 3.17% or 5.30 points to end at 172.32 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 2.17% or 0.50 points to 23.35 in late trade.

Biggest losers included Beiersdorf AG O.N. (ETR:BEIG), which fell 2.63% or 3.20 points to trade at 118.70 in late trade. Siemens Energy AG (ETR:ENR1n) declined 1.55% or 0.94 points to end at 59.64 and Vonovia SE (ETR:VNAn) down 1.14% or 0.28 points to 24.20.

The top performers on the MDAX were DWS Group GmbH & Co KgaA (ETR:DWSG) which rose 2.76% to 54.05, Fuchs Se Pref (ETR:FPE3_p) which was up 2.73% to settle at 48.14 and Tui AG NA (ETR:TUI1n) which gained 2.64% to close at 7.40.

The worst performers were K+S AG (ETR:SDFGn) which was down 7.27% to 12.50 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 3.62% to settle at 6.39 and Tag Immobilien AG (ETR:TEGG) which was down 2.44% to 11.98 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (ETR:AFXG) which rose 2.60% to 69.00, Nemetschek AG O.N. (ETR:NEKG) which was up 2.20% to settle at 116.00 and Nagarro SE (ETR:NA9n) which gained 1.61% to close at 79.00.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 3.62% to 6.39 in late trade, Siltronic AG (ETR:WAFGn) which lost 2.77% to settle at 45.56 and Formycon AG (ETR:FYB) which was down 2.60% to 26.20 at the close.

Rising stocks outnumbered declining ones by 377 to 246 and 37 ended unchanged on the Frankfurt Stock Exchange.

Shares in Beiersdorf AG O.N. (ETR:BEIG) fell to 52-week lows; falling 2.63% or 3.20 to 118.70. Shares in Deutsche Bank AG NA O.N. (ETR:DBKGn) rose to 5-year highs; up 2.17% or 0.50 to 23.35. Shares in Vonovia SE (ETR:VNAn) fell to 52-week lows; down 1.14% or 0.28 to 24.20. Shares in DWS Group GmbH & Co KgaA (ETR:DWSG) rose to all time highs; rising 2.76% or 1.45 to 54.05.

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 June delivery was up 0.43% or 12.96 to $3,056.96 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.30% or 0.21 to hit $68.90 a barrel, while the June Brent oil contract fell 0.15% or 0.11 to trade at $72.26 a barrel.

EUR/USD was unchanged 0.14% to 1.08, while EUR/GBP unchanged 0.17% to 0.83.

The US Dollar Index Futures was down 0.24% at 103.69.

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