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Germany shares higher at close of trade; DAX up 0.45%

Published 13/08/2024, 17:05
© Reuters. Germany shares higher at close of trade; DAX up 0.45%
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Investing.com – Germany equities were higher at the close on Tuesday, as gains in the Food & Beverages, Retail and Software sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.45%, while the MDAX index climbed 0.73%, and the TecDAX index gained 0.42%.

The biggest gainers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 1.94% or 0.47 points to trade at 24.72 at the close. Hannover Rueck SE (ETR:HNRGn) added 1.67% or 3.80 points to end at 231.20 and MTU Aero Engines NA O.N. (ETR:MTXGn) was up 1.47% or 3.80 points to 262.40 in late trade.

Biggest losers included Sartorius AG VZO O.N. (ETR:SATG_p), which lost 1.70% or 4.10 points to trade at 237.00 in late trade. Commerzbank AG O.N. (ETR:CBKG) declined 0.93% or 0.12 points to end at 12.31 and Beiersdorf AG O.N. (ETR:BEIG) shed 0.68% or 0.85 points to 123.70.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 19.30% to 6.44, Evotec AG O.N. (ETR:EVTG) which was up 10.20% to settle at 5.94 and Nordex SE O.N. (ETR:NDXG) which gained 4.34% to close at 13.71.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 1.85% to 18.00 in late trade, Befesa SA (ETR:BFSA) which lost 1.73% to settle at 26.08 and Jenoptik AG (ETR:JENGn) which was down 1.48% to 28.00 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 10.20% to 5.94, Nordex SE O.N. (ETR:NDXG) which was up 4.34% to settle at 13.71 and Nagarro SE (ETR:NA9n) which gained 1.84% to close at 77.30.

The worst performers were Cancom SE O.N. (ETR:COKG) which was down 4.08% to 29.12 in late trade, Aixtron SE (ETR:AIXGn) which lost 1.85% to settle at 18.00 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 1.70% to 237.00 at the close.

Advancing stocks outnumbered falling ones by 359 to 250 and 24 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.89% to 17.98.

In commodities trading, Gold Futures for December delivery was up 0.19% or 4.70 to $2,508.70 a troy ounce. Meanwhile, Crude oil for delivery in September fell 2.19% or 1.75 to hit $78.31 a barrel, while the October Brent oil contract fell 2.00% or 1.65 to trade at $80.65 a barrel.

EUR/USD was unchanged 0.25% to 1.10, while EUR/GBP unchanged 0.22% to 0.85.

The US Dollar Index Futures was down 0.27% at 102.68.

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