🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

Germany shares higher at close of trade; DAX up 1.72%

Published 07-11-2024, 10:35 pm
Updated 07-11-2024, 10:38 pm
© Reuters.  Germany shares higher at close of trade; DAX up 1.72%
EUR/USD
-
DE40
-
ADSGN
-
TKAG
-
RHMG
-
LXSG
-
HEIG
-
BOSSn
-
GC
-
CL
-
EONGn
-
MDAXI
-
TECDAX
-
EVDG
-
EVTG
-
COP1n
-
TMV
-

Investing.com – Germany equities were higher at the close on Thursday, as gains in the DAX Software, DAX Consumer & Cyclical and DAX Industrial sectors led shares higher.

At the close in Frankfurt, the DAX added 1.72%, while the MDAX index gained 0.81%, and the TecDAX index climbed 2.07%.

The biggest gainers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 9.28% or 46.00 points to trade at 541.80 at the close. Heidelberg Materials AG (ETR:HEIG) added 6.36% or 6.85 points to end at 114.60 and Adidas AG (ETR:ADSGN) was up 4.60% or 9.80 points to 222.90 in late trade.

Biggest losers included Fresenius SE & Co KGAA O.N. (ETR:FREG), which fell 2.68% or 0.93 points to trade at 33.79 in late trade. E.ON SE (ETR:EONGn) declined 1.72% or 0.21 points to end at 11.99 and Deutsche Bank AG NA O.N. (ETR:DBKGn) down 1.11% or 0.18 points to 15.99.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 6.91% to 3.50, Puma SE (ETR:PUMG) which was up 5.68% to settle at 45.76 and Hugo Boss AG NA O.N. (ETR:BOSSn) which gained 5.59% to close at 43.06.

The worst performers were CTS Eventim AG (ETR:EVDG) which was down 8.22% to 86.55 in late trade, Lanxess AG (ETR:LXSG) which lost 5.61% to settle at 24.24 and TeamViewer AG (ETR:TMV) which was down 4.36% to 11.18 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 9.24% to 7.86, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 7.14% to settle at 15.01 and Kontron AG (ETR:KTN) which gained 5.78% to close at 17.94.

The worst performers were TeamViewer AG (ETR:TMV) which was down 4.36% to 11.18 in late trade, SUSS MicroTec SE (ETR:SMHNn) which lost 4.08% to settle at 51.70 and PNE Wind AG (ETR:PNEGn) which was down 1.43% to 11.00 at the close.

Rising stocks outnumbered declining ones by 366 to 260 and 33 ended unchanged on the Frankfurt Stock Exchange.

Shares in Heidelberg Materials AG (ETR:HEIG) rose to all time highs; up 6.36% or 6.85 to 114.60.

The DAX New Volatility, which measures the implied volatility of DAX options, was down 6.70% to 17.44.

Gold Futures for December delivery was up 1.02% or 27.25 to $2,703.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.53% or 0.38 to hit $72.07 a barrel, while the January Brent oil contract rose 0.63% or 0.47 to trade at $75.39 a barrel.

EUR/USD was up 0.58% to 1.08, while EUR/GBP unchanged 0.19% to 0.83.

The US Dollar Index Futures was down 0.60% at 104.36.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.