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Germany stocks higher at close of trade; DAX up 0.06%

Published 07/05/2024, 12:05 PM
Updated 07/05/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.06%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology, Food & Beverages and Utilities sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.06%, while the MDAX index gained 0.68%, and the TecDAX index gained 1.43%.

The best performers of the session on the DAX were Continental AG O.N. (ETR:CONG), which rose 3.76% or 2.22 points to trade at 61.26 at the close. Meanwhile, Sartorius AG VZO O.N. (ETR:SATG_p) added 2.63% or 5.90 points to end at 230.60 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was up 2.29% or 0.80 points to 35.78 in late trade.

The worst performers of the session were Rheinmetall AG (ETR:RHMG), which fell 4.77% or 24.60 points to trade at 490.60 at the close. Deutsche Boerse AG (ETR:DB1Gn) declined 1.55% or 2.95 points to end at 187.25 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was down 1.30% or 0.21 points to 15.66.

The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 17.84% to 22.23, Siltronic AG (ETR:WAFGn) which was up 4.48% to settle at 77.00 and Redcare Pharmacy NV (ETR:RDC) which gained 3.94% to close at 134.60.

The worst performers were Delivery Hero AG (ETR:DHER) which was down 1.55% to 21.01 in late trade, Thyssenkrupp AG O.N. (ETR:TKAG) which lost 1.37% to settle at 4.17 and Talanx AG NA O.N. (ETR:TLXGn) which was down 1.11% to 70.95 at the close.

The top performers on the TecDAX were Aixtron SE (ETR:AIXGn) which rose 17.84% to 22.23, Siltronic AG (ETR:WAFGn) which was up 4.48% to settle at 77.00 and Energiekontor AG (ETR:EKTG) which gained 4.24% to close at 66.40.

The worst performers were Nagarro SE (ETR:NA9n) which was down 1.31% to 75.60 in late trade, Freenet AG NA (ETR:FNTGn) which lost 0.94% to settle at 25.20 and PNE Wind AG (ETR:PNEGn) which was down 0.59% to 13.56 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 312 to 303 and 31 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.65% to 13.37.

Gold Futures for August delivery was up 1.08% or 25.65 to $2,395.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.38% or 0.32 to hit $84.20 a barrel, while the September Brent oil contract rose 0.22% or 0.19 to trade at $87.62 a barrel.

EUR/USD was unchanged 0.17% to 1.08, while EUR/GBP unchanged 0.21% to 0.85.

The US Dollar Index Futures was down 0.43% at 104.63.

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