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Germany stocks higher at close of trade; DAX up 0.71%

Published 09/09/2024, 12:05 PM
Updated 09/09/2024, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.71%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Food & Beverages, Media and Insurance sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.71%, while the MDAX index climbed 0.63%, and the TecDAX index gained 0.98%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 6.23% or 14.80 points to trade at 252.30 at the close. Meanwhile, Siemens Energy AG (ETR:ENR1n) added 3.19% or 0.76 points to end at 24.60 and Qiagen NV (ETR:QIA) was up 2.50% or 1.00 points to 40.96 in late trade.

The worst performers of the session were Adidas AG (ETR:ADSGN), which fell 3.04% or 6.70 points to trade at 214.00 at the close. Siemens Healthineers AG (ETR:SHLG) declined 0.87% or 0.44 points to end at 50.10 and Bayer AG NA (ETR:BAYGN) was down 0.80% or 0.23 points to 28.68.

The top performers on the MDAX were Siltronic AG (ETR:WAFGn) which rose 3.73% to 71.00, Befesa SA (ETR:BFSA) which was up 3.27% to settle at 24.66 and Krones AG O.N. (ETR:KRNG) which gained 2.94% to close at 119.20.

The worst performers were Hugo Boss AG NA O.N. (ETR:BOSSn) which was down 4.36% to 33.98 in late trade, Kion Group AG (ETR:KGX) which lost 3.13% to settle at 31.25 and Thyssenkrupp AG O.N. (ETR:TKAG) which was down 2.48% to 2.90 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 6.23% to 252.30, Siltronic AG (ETR:WAFGn) which was up 3.73% to settle at 71.00 and Cancom SE O.N. (ETR:COKG) which gained 2.80% to close at 27.14.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 2.42% to 18.12 in late trade, Siemens Healthineers AG (ETR:SHLG) which lost 0.87% to settle at 50.10 and Energiekontor AG (ETR:EKTG) which was down 0.73% to 54.70 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 390 to 234 and 29 ended unchanged.

Shares in Hugo Boss AG NA O.N. (ETR:BOSSn) fell to 3-years lows; losing 4.36% or 1.55 to 33.98. Shares in Thyssenkrupp AG O.N. (ETR:TKAG) fell to all time lows; losing 2.48% or 0.07 to 2.90. Shares in SMA Solar Technology AG (ETR:S92G) fell to 5-year lows; down 2.42% or 0.45 to 18.12. Shares in Energiekontor AG (ETR:EKTG) fell to 52-week lows; down 0.73% or 0.40 to 54.70.

The DAX volatility index, which measures the implied volatility of DAX options, was up 9.99% to 19.42.

Gold Futures for December delivery was up 0.21% or 5.30 to $2,529.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.09% or 0.74 to hit $68.41 a barrel, while the November Brent oil contract rose 0.70% or 0.50 to trade at $71.56 a barrel.

EUR/USD was unchanged 0.34% to 1.10, while EUR/GBP unchanged 0.02% to 0.84.

The US Dollar Index Futures was up 0.35% at 101.50.

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