💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Germany shares higher at close of trade; DAX up 0.43%

Published 04/07/2024, 17:05
Updated 04/07/2024, 17:06
© Reuters.  Germany shares higher at close of trade; DAX up 0.43%
EUR/USD
-
EUR/GBP
-
DE40
-
DX
-
GC
-
LCO
-
MDAXI
-
TECDAX
-
V1XI
-

Investing.com – Germany equities were higher at the close on Thursday, as gains in the Retail, Food & Beverages and Technology sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.43%, while the MDAX index added 0.63%, and the TecDAX index gained 0.56%.

The biggest gainers of the session on the DAX were Continental AG O.N. (ETR:CONG), which rose 9.54% or 5.14 points to trade at 59.04 at the close. Rheinmetall AG (ETR:RHMG) added 2.02% or 10.20 points to end at 515.20 and Sartorius AG VZO O.N. (ETR:SATG_p) was up 1.72% or 3.80 points to 224.70 in late trade.

Biggest losers included Symrise AG Inh. O.N. (ETR:SY1G), which lost 0.96% or 1.10 points to trade at 113.60 in late trade. SAP SE (ETR:SAPG) declined 0.34% or 0.64 points to end at 187.02 and Bayerische Motoren Werke AG (ETR:BMWG) shed 0.32% or 0.28 points to 88.16.

The top performers on the MDAX were Redcare Pharmacy NV (ETR:RDC) which rose 12.80% to 129.50, HelloFresh SE (ETR:HFGG) which was up 12.44% to settle at 6.11 and Nordex SE O.N. (ETR:NDXG) which gained 4.93% to close at 12.55.

The worst performers were Hugo Boss AG NA O.N. (ETR:BOSSn) which was down 3.61% to 40.62 in late trade, Tag Immobilien AG (ETR:TEGG) which lost 2.12% to settle at 13.84 and Delivery Hero AG (ETR:DHER) which was down 1.79% to 21.34 at the close.

The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which rose 8.63% to 64.20, Nordex SE O.N. (ETR:NDXG) which was up 4.93% to settle at 12.55 and Hensoldt Ag (ETR:HAGG) which gained 2.33% to close at 36.00.

The worst performers were Nagarro SE (ETR:NA9n) which was down 2.79% to 76.60 in late trade, United Internet AG NA (ETR:UTDI) which lost 0.58% to settle at 20.60 and Nemetschek AG O.N. (ETR:NEKG) which was down 0.37% to 93.25 at the close.

Advancing stocks outnumbered falling ones by 359 to 231 and 33 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.77% to 13.45.

In commodities trading, Gold Futures for August delivery was down 0.15% or 3.65 to $2,365.75 a troy ounce. Meanwhile, Crude oil for delivery in August unchanged 0.00% or 0.00 to hit $83.88 a barrel, while the September Brent oil contract rose 0.13% or 0.11 to trade at $87.45 a barrel.

EUR/USD was unchanged 0.24% to 1.08, while EUR/GBP unchanged 0.08% to 0.85.

The US Dollar Index Futures was down 0.26% at 104.81.

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.