Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

Germany stocks higher at close of trade; DAX up 0.50%

Published 05/12/2023, 01:15 PM
©  Reuters Germany stocks higher at close of trade; DAX up 0.50%

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 0.50%, while the MDAX index added 0.32%, and the TecDAX index added 0.35%.

The best performers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 3.32% or 0.72 points to trade at 22.38 at the close. Meanwhile, Rheinmetall AG (ETR:RHMG) added 2.89% or 7.50 points to end at 266.80 and Continental AG O.N. (ETR:CONG) was up 1.93% or 1.26 points to 66.48 in late trade.

The worst performers of the session were Bayerische Motoren Werke AG (ETR:BMWG), which fell 8.29% or 8.99 points to trade at 99.41 at the close. Heidelbergcement AG O.N. (ETR:HEIG) declined 2.42% or 1.68 points to end at 67.76 and Vonovia SE (ETR:VNAn) was down 2.25% or 0.42 points to 18.23.

The top performers on the MDAX were Nordex SE O.N. (ETR:NDXG) which rose 5.46% to 11.30, Talanx AG NA O.N. (ETR:TLXGn) which was up 4.48% to settle at 48.56 and Hensoldt Ag (ETR:HAGG) which gained 3.62% to close at 32.06.

The worst performers were LEG Immobilien AG (ETR:LEGn) which was down 2.86% to 52.30 in late trade, Kion Group AG (ETR:KGX) which lost 2.41% to settle at 34.47 and SMA Solar Technology AG (ETR:S92G) which was down 2.13% to 98.95 at the close.

The top performers on the TecDAX were Nordex SE O.N. (ETR:NDXG) which rose 5.46% to 11.30, Morphosys AG O.N. (ETR:MORG) which was up 3.67% to settle at 21.20 and Hensoldt Ag (ETR:HAGG) which gained 3.62% to close at 32.06.

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

The worst performers were Suse SA (ETR:SUSEG) which was down 2.73% to 13.90 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 2.13% to settle at 98.95 and Bechtle AG (ETR:BC8G) which was down 1.54% to 38.46 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 401 to 261 and 86 ended unchanged.

Shares in Talanx AG NA O.N. (ETR:TLXGn) rose to all time highs; up 4.48% or 2.08 to 48.56.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.35% to 17.45.

Gold Futures for June delivery was down 0.01% or 0.25 to $2,020.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.27% or 0.90 to hit $69.97 a barrel, while the July Brent oil contract fell 1.20% or 0.90 to trade at $74.08 a barrel.

EUR/USD was down 0.56% to 1.09, while EUR/GBP unchanged 0.10% to 0.87.

The US Dollar Index Futures was up 0.60% at 102.49.

Latest comments

goood
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.