Germany shares higher at close of trade; DAX up 1.73%

Published 26-02-2025, 10:35 pm
© Reuters Germany shares higher at close of trade; DAX up 1.73%

Investing.com – Germany equities were higher at the close on Wednesday, as gains in the DAX Insurance, DAX Industrial and DAX Utilities sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.73%, while the MDAX index gained 1.77%, and the TecDAX index climbed 0.27%.

The biggest gainers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 8.54% or 4.40 points to trade at 55.94 at the close. Fresenius SE & Co KGAA O.N. (ETR:FREG) added 6.48% or 2.37 points to end at 38.93 and Muench. Rueckvers. VNA O.N. (ETR:MUVGn) was up 4.82% or 25.40 points to 552.00 in late trade.

Biggest losers included Deutsche Telekom AG Na (ETR:DTEGn), which fell 3.26% or 1.14 points to trade at 33.84 in late trade. Zalando SE (ETR:ZALG) declined 1.66% or 0.62 points to end at 36.78 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) down 0.34% or 0.20 points to 59.12.

The top performers on the MDAX were AUTO1 Group SE (ETR:AG1G) which rose 20.68% to 22.70, Thyssenkrupp AG O.N. (ETR:TKAG) which was up 8.25% to settle at 7.51 and Redcare Pharmacy NV (ETR:RDC) which gained 6.56% to close at 123.40.

The worst performers were Stroeer SE (ETR:SAXG) which was down 8.28% to 53.20 in late trade, HelloFresh SE (ETR:HFGG) which lost 4.04% to settle at 12.00 and K+S AG (ETR:SDFGn) which was down 1.48% to 13.27 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 3.98% to 50.95, Aixtron SE (ETR:AIXGn) which was up 3.66% to settle at 14.43 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 3.62% to close at 246.00.

The worst performers were Deutsche Telekom AG Na (ETR:DTEGn) which was down 3.26% to 33.84 in late trade, CompuGroup Medical AG O.N. (ETR:COP1n) which lost 0.62% to settle at 22.60 and TeamViewer AG (ETR:TMV) which was down 0.57% to 12.26 at the close.

Rising stocks outnumbered declining ones by 442 to 177 and 30 ended unchanged on the Frankfurt Stock Exchange.

Shares in Fresenius SE & Co KGAA O.N. (ETR:FREG) rose to 3-year highs; gaining 6.48% or 2.37 to 38.93. Shares in Muench. Rueckvers. VNA O.N. (ETR:MUVGn) rose to all time highs; rising 4.82% or 25.40 to 552.00. Shares in AUTO1 Group SE (ETR:AG1G) rose to 3-year highs; rising 20.68% or 3.89 to 22.70. Shares in Thyssenkrupp AG O.N. (ETR:TKAG) rose to 52-week highs; rising 8.25% or 0.57 to 7.51. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; up 3.98% or 1.95 to 50.95.

The DAX New Volatility, which measures the implied volatility of DAX options, was up 4.81% to 17.52.

Gold Futures for April delivery was up 0.35% or 10.10 to $2,928.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April unchanged 0.00% or 0.00 to hit $68.93 a barrel, while the May Brent oil contract fell 0.19% or 0.14 to trade at $72.36 a barrel.

EUR/USD was unchanged 0.02% to 1.05, while EUR/GBP unchanged 0.23% to 0.83.

The US Dollar Index Futures was down 0.02% at 106.21.

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