Germany shares higher at close of trade; DAX up 0.80%

Published 29/04/2025, 17:05
© Reuters.  Germany shares higher at close of trade; DAX up 0.80%

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

At the close in Frankfurt, the DAX added 0.80%, while the MDAX index gained 0.34%, and the TecDAX index added 0.58%.

The biggest gainers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 8.51% or 114.00 points to trade at 1,453.50 at the close. Deutsche Bank AG NA O.N. (ETR:DBKGn) added 5.04% or 1.13 points to end at 23.55 and Commerzbank AG O.N. (ETR:CBKG) was up 3.98% or 0.92 points to 24.02 in late trade.

Biggest losers included Dr Ing hc F Porsche AG Preferred (ETR:P911_p), which lost 4.13% or 1.94 points to trade at 44.99 in late trade. Adidas AG (ETR:ADSGN) declined 3.22% or 7.00 points to end at 210.40 and Infineon Technologies AG NA O.N. (ETR:IFXGn) shed 1.92% or 0.57 points to 29.31.

The top performers on the MDAX were Hensoldt Ag (ETR:HAGG) which rose 5.49% to 66.30, RENK Group AG (ETR:R3NK) which was up 5.39% to settle at 51.45 and HelloFresh SE (ETR:HFGG) which gained 5.13% to close at 8.89.

The worst performers were Deutsche Lufthansa AG (ETR:LHAG) which was down 4.50% to 6.24 in late trade, Traton SE (ETR:8TRA) which lost 3.60% to settle at 28.94 and Aroundtown Property Holdings PLC (ETR:AT1) which was down 3.13% to 2.54 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 11.32% to 65.90, Hensoldt Ag (ETR:HAGG) which was up 5.49% to settle at 66.30 and SAP SE (ETR:SAPG) which gained 2.33% to close at 254.60.

The worst performers were Infineon Technologies AG NA O.N. (ETR:IFXGn) which was down 1.92% to 29.31 in late trade, Elmos Semiconductor AG (ETR:ELGG) which lost 1.37% to settle at 57.70 and Siemens Healthineers AG (ETR:SHLG) which was down 0.76% to 46.86 at the close.

Advancing stocks outnumbered falling ones by 345 to 255 and 38 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.34% to 23.02.

In commodities trading, Gold Futures for June delivery was down 0.71% or 23.81 to $3,323.89 a troy ounce. Meanwhile, Crude oil for delivery in June fell 2.27% or 1.41 to hit $60.64 a barrel, while the July Brent oil contract fell 2.18% or 1.41 to trade at $63.38 a barrel.

EUR/USD was unchanged 0.14% to 1.14, while EUR/GBP unchanged 0.12% to 0.85.

The US Dollar Index Futures was up 0.10% at 98.89.

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