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Germany stocks higher at close of trade; DAX up 0.30%

Published 01/01/2024, 12:05 PM
Updated 01/01/2024, 12:05 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.30%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Food & Beverages, Retail and Media sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.30%, while the MDAX index climbed 0.27%, and the TecDAX index climbed 0.04%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 1.85% or 0.39 points to trade at 21.45 at the close. Meanwhile, Siemens Energy AG (ETR:ENR1n) added 1.69% or 0.20 points to end at 12.00 and Merck KGaA (ETR:MRCG) was up 1.09% or 1.55 points to 144.10 in late trade.

The worst performers of the session were Siemens Healthineers AG (ETR:SHLG), which fell 1.09% or 0.58 points to trade at 52.60 at the close. Vonovia SE (ETR:VNAn) declined 1.07% or 0.31 points to end at 28.54 and Fresenius SE & Co KGAA O.N. (ETR:FREG) was down 1.02% or 0.29 points to 28.07.

The top performers on the MDAX were Stroeer SE (ETR:SAXG) which rose 3.27% to 53.75, SMA Solar Technology AG (ETR:S92G) which was up 2.98% to settle at 60.55 and Delivery Hero AG (ETR:DHER) which gained 2.50% to close at 25.01.

The worst performers were Tag Immobilien AG (ETR:TEGG) which was down 1.38% to 13.20 in late trade, Stabilus (ETR:STM1) which lost 1.28% to settle at 61.70 and Evotec AG O.N. (ETR:EVTG) which was down 1.07% to 21.28 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 2.98% to 60.55, ADTRAN Holdingsa Inc (ETR:QH9) which was up 2.81% to settle at 6.81 and Hensoldt Ag (ETR:HAGG) which gained 1.84% to close at 24.40.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 1.99% to 34.00 in late trade, Nagarro SE (ETR:NA9n) which lost 1.52% to settle at 87.45 and Siemens Healthineers AG (ETR:SHLG) which was down 1.09% to 52.60 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 0 to 0.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.35% to 13.53.

Gold Futures for February delivery was down 0.56% or 11.70 to $2,071.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.61% or 0.44 to hit $71.33 a barrel, while the March Brent oil contract fell 0.10% or 0.08 to trade at $77.07 a barrel.

EUR/USD was unchanged 0.00% to 1.10, while EUR/GBP unchanged 0.50% to 0.87.

The US Dollar Index Futures was up 0.15% at 101.06.

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