Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Germany stocks higher at close of trade; DAX up 0.49%

Published 03/27/2024, 01:05 PM
Updated 03/27/2024, 01:05 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.49%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Media, Retail and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX added 0.49% to hit a new all time high, while the MDAX index added 0.82%, and the TecDAX index climbed 0.34%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 4.46% or 1.13 points to trade at 26.46 at the close. Meanwhile, Bayer AG NA (ETR:BAYGN) added 4.05% or 1.11 points to end at 28.42 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 2.68% or 0.38 points to 14.61 in late trade.

The worst performers of the session were Rheinmetall AG (ETR:RHMG), which fell 1.80% or 9.40 points to trade at 511.60 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 1.75% or 6.50 points to end at 364.00 and Vonovia SE (ETR:VNAn) was down 0.98% or 0.27 points to 27.25.

The top performers on the MDAX were Aroundtown Property Holdings PLC (ETR:AT1) which rose 15.62% to 1.98, Redcare Pharmacy NV (ETR:RDC) which was up 5.64% to settle at 149.00 and CTS Eventim AG (ETR:EVDG) which gained 5.29% to close at 81.60.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 6.27% to 23.91 in late trade, Jenoptik AG (ETR:JENGn) which lost 3.00% to settle at 29.10 and Jungheinrich AG O.N.VZO (ETR:JUNG_p) which was down 2.09% to 33.78 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 4.39% to 14.38, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 3.44% to settle at 28.90 and SMA Solar Technology AG (ETR:S92G) which gained 3.09% to close at 56.65.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Aixtron SE (ETR:AIXGn) which was down 6.27% to 23.91 in late trade, Suess Microtec NA O.N. (ETR:SMHNn) which lost 4.18% to settle at 37.85 and Jenoptik AG (ETR:JENGn) which was down 3.00% to 29.10 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 407 to 229 and 28 ended unchanged.

Shares in Deutsche Bank AG NA O.N. (ETR:DBKGn) rose to 5-year highs; gaining 2.68% or 0.38 to 14.61. Shares in Aixtron SE (ETR:AIXGn) fell to 52-week lows; losing 6.27% or 1.60 to 23.91. Shares in CTS Eventim AG (ETR:EVDG) rose to all time highs; gaining 5.29% or 4.10 to 81.60. Shares in Aixtron SE (ETR:AIXGn) fell to 52-week lows; down 6.27% or 1.60 to 23.91.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.33% to 12.31.

Gold Futures for April delivery was up 0.69% or 15.00 to $2,192.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.59% or 0.48 to hit $81.14 a barrel, while the June Brent oil contract fell 0.54% or 0.46 to trade at $85.17 a barrel.

EUR/USD was unchanged 0.06% to 1.08, while EUR/GBP unchanged 0.10% to 0.86.

The US Dollar Index Futures was up 0.07% at 104.07.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.