Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Germany shares higher at close of trade; DAX up 0.55%

Published 04/10/2024, 17:05
Updated 04/10/2024, 17:06
© Reuters.  Germany shares higher at close of trade; DAX up 0.55%
EUR/USD
-
DE40
-
DX
-
GC
-
LCO
-
CL
-
MDAXI
-
TECDAX
-
V1XI
-

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

At the close in Frankfurt, the DAX added 0.55%, while the MDAX index climbed 1.05%, and the TecDAX index climbed 0.48%.

The biggest gainers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 3.39% or 1.16 points to trade at 35.35 at the close. Volkswagen AG VZO O.N. (ETR:VOWG_p) added 2.85% or 2.60 points to end at 93.98 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 2.71% or 0.42 points to 15.78 in late trade.

Biggest losers included RWE AG ST O.N. (ETR:RWEG), which lost 1.96% or 0.63 points to trade at 31.46 in late trade. Deutsche Boerse AG (ETR:DB1Gn) declined 1.60% or 3.40 points to end at 209.10 and Merck KGaA (ETR:MRCG) shed 1.12% or 1.75 points to 154.90.

The top performers on the MDAX were Kion Group AG (ETR:KGX) which rose 5.56% to 36.28, Stabilus (ETR:STM1) which was up 4.00% to settle at 37.70 and Nordex SE O.N. (ETR:NDXG) which gained 3.79% to close at 13.42.

The worst performers were K+S AG (ETR:SDFGn) which was down 2.47% to 11.05 in late trade, Tag Immobilien AG (ETR:TEGG) which lost 0.73% to settle at 16.42 and Rational AG (ETR:RAAG) which was down 0.55% to 909.00 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 3.84% to 92.05, Nordex SE O.N. (ETR:NDXG) which was up 3.79% to settle at 13.42 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 3.14% to close at 69.05.

The worst performers were PNE Wind AG (ETR:PNEGn) which was down 1.45% to 12.20 in late trade, Siemens Healthineers AG (ETR:SHLG) which lost 0.96% to settle at 51.82 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 0.71% to 236.90 at the close.

Advancing stocks outnumbered falling ones by 411 to 194 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.00% to 19.30.

In commodities trading, Gold Futures for December delivery was down 0.22% or 5.85 to $2,673.35 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.61% or 1.19 to hit $74.90 a barrel, while the December Brent oil contract rose 1.40% or 1.09 to trade at $78.71 a barrel.

EUR/USD was down 0.66% to 1.10, while EUR/GBP unchanged 0.51% to 0.84.

The US Dollar Index Futures was up 0.61% at 102.37.

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.