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Germany stocks higher at close of trade; DAX up 0.64%

Published 04/22/2024, 12:05 PM
© Reuters Germany stocks higher at close of trade; DAX up 0.64%

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

At the close in Frankfurt, the DAX rose 0.64%, while the MDAX index added 1.18%, and the TecDAX index gained 0.91%.

The best performers of the session on the DAX were Bayer AG NA (ETR:BAYGN), which rose 3.76% or 0.99 points to trade at 27.32 at the close. Meanwhile, MTU Aero Engines NA O.N. (ETR:MTXGn) added 2.60% or 5.50 points to end at 217.40 and Qiagen NV (ETR:QIA) was up 2.58% or 0.96 points to 38.44 in late trade.

The worst performers of the session were Zalando SE (ETR:ZALG), which fell 2.79% or 0.75 points to trade at 26.17 at the close. RWE AG ST O.N. (ETR:RWEG) declined 1.17% or 0.38 points to end at 32.07 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was down 1.10% or 0.33 points to 29.81.

The top performers on the MDAX were Fresenius Medical Care KGAA ST (ETR:FMEG) which rose 6.44% to 38.98, Knorr-Bremse AG (ETR:KBX) which was up 4.26% to settle at 71.00 and United Internet AG NA (ETR:UTDI) which gained 3.68% to close at 21.44.

The worst performers were Siltronic AG (ETR:WAFGn) which was down 2.85% to 76.80 in late trade, Aurubis AG (ETR:NAFG) which lost 1.93% to settle at 73.75 and Befesa SA (ETR:BFSA) which was down 1.76% to 32.42 at the close.

The top performers on the TecDAX were Eckert & Ziegler AG O.N. (ETR:EUZG) which rose 9.34% to 36.30, United Internet AG NA (ETR:UTDI) which was up 3.68% to settle at 21.44 and Evotec AG O.N. (ETR:EVTG) which gained 3.32% to close at 13.70.

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The worst performers were Siltronic AG (ETR:WAFGn) which was down 2.85% to 76.80 in late trade, Infineon Technologies AG NA O.N. (ETR:IFXGn) which lost 1.10% to settle at 29.81 and CompuGroup Medical AG O.N. (ETR:COP1n) which was down 0.48% to 29.08 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 404 to 203 and 35 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.27% to 16.13.

Gold Futures for June delivery was down 2.65% or 63.90 to $2,349.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.13% or 0.11 to hit $82.11 a barrel, while the June Brent oil contract fell 0.22% or 0.19 to trade at $87.10 a barrel.

EUR/USD was unchanged 0.06% to 1.06, while EUR/GBP unchanged 0.21% to 0.86.

The US Dollar Index Futures was up 0.04% at 106.03.

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