Germany stocks higher at close of trade; DAX up 1.01%

Published 05/08/2025, 12:05 PM
Updated 05/08/2025, 12:06 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.01%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Retail, Technology and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX added 1.01% to hit a new 1-month high, while the MDAX index added 1.23%, and the TecDAX index climbed 1.04%.

The best performers of the session on the DAX were Heidelberg Materials AG (ETR:HEIG), which rose 4.80% or 8.50 points to trade at 185.50 at the close. Meanwhile, Zalando SE (ETR:ZALG) added 4.49% or 1.35 points to end at 31.45 and Rheinmetall AG (ETR:RHMG) was up 4.13% or 67.50 points to 1,701.00 in late trade.

The worst performers of the session were Mercedes Benz Group AG (ETR:MBGn), which fell 5.78% or 3.12 points to trade at 50.87 at the close. Hannover Rueck SE (ETR:HNRGn) declined 2.78% or 8.00 points to end at 280.00 and Vonovia SE (ETR:VNAn) was down 1.68% or 0.51 points to 29.83.

The top performers on the MDAX were AUTO1 Group SE (ETR:AG1G) which rose 11.11% to 21.30, Hensoldt Ag (ETR:HAGG) which was up 8.54% to settle at 75.00 and Puma SE (ETR:PUMG) which gained 5.22% to close at 24.59.

The worst performers were Stroeer SE (ETR:SAXG) which was down 6.25% to 48.75 in late trade, Tag Immobilien AG (ETR:TEGG) which lost 2.82% to settle at 14.48 and LEG Immobilien AG (ETR:LEGn) which was down 2.57% to 75.75 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 8.54% to 75.00, Nagarro SE (ETR:NA9n) which was up 6.05% to settle at 64.85 and Elmos Semiconductor AG (ETR:ELGG) which gained 4.72% to close at 66.50.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 2.30% to 6.88 in late trade, SUSS MicroTec SE (ETR:SMHNn) which lost 1.91% to settle at 33.82 and 11 AG (ETR:1U1) which was down 1.89% to 15.60 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 409 to 210 and 24 ended unchanged.

Shares in Heidelberg Materials AG (ETR:HEIG) rose to all time highs; rising 4.80% or 8.50 to 185.50. Shares in Rheinmetall AG (ETR:RHMG) rose to all time highs; gaining 4.13% or 67.50 to 1,701.00.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.87% to 23.25.

Gold Futures for June delivery was down 1.89% or 64.01 to $3,327.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 3.12% or 1.81 to hit $59.88 a barrel, while the July Brent oil contract rose 2.78% or 1.70 to trade at $62.82 a barrel.

EUR/USD was down 0.49% to 1.12, while EUR/GBP unchanged 0.44% to 0.85.

The US Dollar Index Futures was up 0.85% at 100.28.

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