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Germany shares higher at close of trade; DAX up 0.12%

Published 09/08/2024, 17:05
Updated 09/08/2024, 17:06
©  Reuters Germany shares higher at close of trade; DAX up 0.12%
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Financial Services, Food & Beverages and Telecoms sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.12%, while the MDAX index gained 0.53%, and the TecDAX index gained 0.78%.

The biggest gainers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 5.24% or 26.80 points to trade at 538.40 at the close. Vonovia SE (ETR:VNAn) added 3.04% or 0.87 points to end at 29.46 and Siemens Healthineers AG (ETR:SHLG) was up 1.99% or 0.98 points to 50.24 in late trade.

Biggest losers included Bayer AG NA (ETR:BAYGN), which lost 1.46% or 0.39 points to trade at 25.97 in late trade. Siemens AG Class N (ETR:SIEGn) declined 1.27% or 2.02 points to end at 157.18 and Siemens Energy AG (ETR:ENR1n) shed 0.82% or 0.20 points to 24.19.

The top performers on the MDAX were Jenoptik AG (ETR:JENGn) which rose 9.83% to 27.48, Lanxess AG (ETR:LXSG) which was up 6.31% to settle at 23.07 and LEG Immobilien AG (ETR:LEGn) which gained 5.45% to close at 85.52.

The worst performers were HelloFresh SE (ETR:HFGG) which was down 6.80% to 5.04 in late trade, Redcare Pharmacy NV (ETR:RDC) which lost 2.26% to settle at 138.50 and Puma SE (ETR:PUMG) which was down 1.88% to 34.91 at the close.

The top performers on the TecDAX were Jenoptik AG (ETR:JENGn) which rose 9.83% to 27.48, Evotec AG O.N. (ETR:EVTG) which was up 5.22% to settle at 5.55 and Eckert & Ziegler AG O.N. (ETR:EUZG) which gained 3.31% to close at 41.86.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 1.60% to 22.18 in late trade, Aixtron SE (ETR:AIXGn) which lost 1.13% to settle at 18.75 and Infineon Technologies AG NA O.N. (ETR:IFXGn) which was down 0.51% to 30.17 at the close.

Advancing stocks outnumbered falling ones by 350 to 269 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.95% to 19.60.

In commodities trading, Gold Futures for December delivery was up 0.28% or 7.00 to $2,470.30 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.54% or 0.41 to hit $76.60 a barrel, while the October Brent oil contract rose 0.37% or 0.29 to trade at $79.45 a barrel.

EUR/USD was unchanged 0.05% to 1.09, while EUR/GBP unchanged 0.07% to 0.86.

The US Dollar Index Futures was down 0.11% at 102.90.

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