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Germany shares higher at close of trade; DAX up 0.38%

Published 18/10/2024, 17:05
© Reuters.  Germany shares higher at close of trade; DAX up 0.38%
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Food & Beverages, Chemicals and Consumer & Cyclical sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.38%, while the MDAX index added 0.67%, and the TecDAX index added 0.35%.

The biggest gainers of the session on the DAX were Daimler Truck Holding AG (ETR:DTGGe), which rose 6.60% or 2.34 points to trade at 37.80 at the close. Continental AG O.N. (ETR:CONG) added 3.71% or 2.16 points to end at 60.44 and BASF SE NA O.N. (ETR:BASFN) was up 1.70% or 0.79 points to 46.99 in late trade.

Biggest losers included Zalando SE (ETR:ZALG), which lost 1.81% or 0.55 points to trade at 29.91 in late trade. Commerzbank AG O.N. (ETR:CBKG) declined 1.37% or 0.23 points to end at 16.59 and Airbus Group SE (ETR:AIRG) shed 1.10% or 1.56 points to 139.62.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 9.13% to 3.46, Carl Zeiss Meditec AG (ETR:AFXG) which was up 4.85% to settle at 64.80 and Traton SE (ETR:8TRA) which gained 4.09% to close at 30.55.

The worst performers were GEA Group AG (ETR:G1AG) which was down 1.34% to 47.00 in late trade, Gerresheimer AG (ETR:GXIG) which lost 1.22% to settle at 84.85 and CTS Eventim AG (ETR:EVDG) which was down 1.20% to 98.60 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (ETR:AFXG) which rose 4.85% to 64.80, Evotec AG O.N. (ETR:EVTG) which was up 4.22% to settle at 5.80 and Eckert & Ziegler AG O.N. (ETR:EUZG) which gained 4.07% to close at 44.44.

The worst performers were SUSS MicroTec SE (ETR:SMHNn) which was down 13.56% to 54.20 in late trade, Nagarro SE (ETR:NA9n) which lost 2.16% to settle at 93.05 and Atoss Software AG (ETR:AOFG) which was down 1.16% to 135.80 at the close.

Advancing stocks outnumbered falling ones by 335 to 272 and 43 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.17% to 16.59.

In commodities trading, Gold Futures for December delivery was up 0.92% or 24.80 to $2,732.30 a troy ounce. Meanwhile, Crude oil for delivery in November fell 1.83% or 1.29 to hit $69.38 a barrel, while the December Brent oil contract fell 1.76% or 1.31 to trade at $73.14 a barrel.

EUR/USD was unchanged 0.24% to 1.09, while EUR/GBP unchanged 0.12% to 0.83.

The US Dollar Index Futures was down 0.25% at 103.39.

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