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Germany shares higher at close of trade; DAX up 0.84%

Published 28/11/2024, 17:05
© Reuters.  Germany shares higher at close of trade; DAX up 0.84%
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Investing.com – Germany equities were higher at the close on Thursday, as gains in the Utilities, Industrials and Media sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.84%, while the MDAX index climbed 0.24%, and the TecDAX index gained 0.16%.

The biggest gainers of the session on the DAX were Airbus Group SE (ETR:AIRG), which rose 4.15% or 5.78 points to trade at 145.20 at the close. Siemens Energy AG (ETR:ENR1n) added 3.64% or 1.77 points to end at 50.34 and Daimler Truck Holding AG (ETR:DTGGe) was up 2.60% or 0.90 points to 35.52 in late trade.

Biggest losers included Qiagen NV (ETR:QIA), which lost 0.91% or 0.38 points to trade at 41.22 in late trade. Merck KGaA (ETR:MRCG) declined 0.70% or 1.00 points to end at 140.95 and Brenntag AG (ETR:BNRGn) shed 0.52% or 0.32 points to 61.72.

The top performers on the MDAX were Deutsche Lufthansa AG (ETR:LHAG) which rose 2.64% to 6.31, Nordex SE O.N. (ETR:NDXG) which was up 2.39% to settle at 12.01 and Traton SE (ETR:8TRA) which gained 2.31% to close at 28.75.

The worst performers were Hugo Boss AG NA O.N. (ETR:BOSSn) which was down 8.51% to 33.00 in late trade, Carl Zeiss Meditec AG (ETR:AFXG) which lost 3.75% to settle at 56.40 and Fresenius Medical Care KGAA ST (ETR:FMEG) which was down 2.45% to 41.48 at the close.

The top performers on the TecDAX were Atoss Software AG (ETR:AOFG) which rose 3.36% to 123.20, Eckert & Ziegler AG O.N. (ETR:EUZG) which was up 2.63% to settle at 45.24 and Nordex SE O.N. (ETR:NDXG) which gained 2.39% to close at 12.01.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 3.75% to 56.40 in late trade, Energiekontor AG (ETR:EKTG) which lost 1.53% to settle at 41.90 and 11 AG (ETR:1U1) which was down 0.99% to 11.96 at the close.

Advancing stocks outnumbered falling ones by 385 to 234 and 29 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.45% to 15.84.

In commodities trading, Gold Futures for February delivery was up 0.03% or 0.79 to $2,665.59 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.20% or 0.14 to hit $68.86 a barrel, while the February Brent oil contract rose 0.25% or 0.18 to trade at $72.48 a barrel.

EUR/USD was unchanged 0.11% to 1.06, while EUR/GBP unchanged 0.18% to 0.83.

The US Dollar Index Futures was up 0.10% at 106.16.

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