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

Published 25/11/2024, 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 Monday, as gains in the Technology, Consumer & Cyclical and Food & Beverages sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.45%, while the MDAX index gained 1.18%, and the TecDAX index gained 1.03%.

The biggest gainers of the session on the DAX were Adidas AG (ETR:ADSGN), which rose 3.17% or 6.80 points to trade at 221.20 at the close. Dr Ing hc F Porsche AG Preferred (ETR:P911_p) added 2.77% or 1.60 points to end at 59.28 and Sartorius AG VZO O.N. (ETR:SATG_p) was up 2.65% or 5.60 points to 216.70 in late trade.

Biggest losers included Commerzbank AG O.N. (ETR:CBKG), which lost 5.02% or 0.77 points to trade at 14.57 in late trade. MTU Aero Engines NA O.N. (ETR:MTXGn) declined 2.39% or 7.60 points to end at 310.80 and Rheinmetall AG (ETR:RHMG) shed 1.62% or 10.00 points to 609.00.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 8.32% to 11.46, Aixtron SE (ETR:AIXGn) which was up 7.09% to settle at 13.90 and Nordex SE O.N. (ETR:NDXG) which gained 5.04% to close at 11.89.

The worst performers were CTS Eventim AG (ETR:EVDG) which was down 2.11% to 81.00 in late trade, Hypoport AG (ETR:HYQGn) which lost 1.59% to settle at 210.60 and Hella KGaA Hueck & Co (ETR:HLE) which was down 1.17% to 84.80 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 11.30% to 13.20, Evotec AG O.N. (ETR:EVTG) which was up 9.76% to settle at 9.33 and Energiekontor AG (ETR:EKTG) which gained 8.13% to close at 43.90.

The worst performers were SAP SE (ETR:SAPG) which was down 1.06% to 223.50 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 1.05% to settle at 98.85 and Atoss Software AG (ETR:AOFG) which was down 0.50% to 119.20 at the close.

Advancing stocks outnumbered falling ones by 399 to 246 and 31 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.86% to 16.05.

In commodities trading, Gold Futures for February delivery was down 2.85% or 77.90 to $2,659.30 a troy ounce. Meanwhile, Crude oil for delivery in January fell 2.68% or 1.91 to hit $69.33 a barrel, while the February Brent oil contract fell 2.45% or 1.83 to trade at $72.80 a barrel.

EUR/USD was up 0.59% to 1.05, while EUR/GBP unchanged 0.28% to 0.83.

The US Dollar Index Futures was down 0.47% at 107.00.

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