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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%
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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.

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