Germany stocks mixed at close of trade; DAX up 0.60%

Published 02/24/2025, 12:05 PM
Updated 02/24/2025, 12:06 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.60%

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the Utilities, Transportation & Logistics and Media sectors led shares higher while losses in the Construction, Technology and Basic Resources sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.60%, while the MDAX index gained 1.35%, and the TecDAX index fell 0.03%.

The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 6.40% or 57.20 points to trade at 951.40 at the close. Meanwhile, RWE AG ST O.N. (ETR:RWEG) added 3.84% or 1.12 points to end at 30.25 and Vonovia SE (ETR:VNAn) was up 3.26% or 0.93 points to 29.42 in late trade.

The worst performers of the session were Siemens Energy AG (ETR:ENR1n), which fell 4.04% or 2.34 points to trade at 55.62 at the close. Siemens Healthineers AG (ETR:SHLG) declined 2.22% or 1.24 points to end at 54.50 and Siemens AG Class N (ETR:SIEGn) was down 1.51% or 3.35 points to 218.10.

The top performers on the MDAX were Hypoport AG (ETR:HYQGn) which rose 5.15% to 216.40, Thyssenkrupp AG O.N. (ETR:TKAG) which was up 5.08% to settle at 6.33 and Tag Immobilien AG (ETR:TEGG) which gained 4.98% to close at 13.48.

The worst performers were AUTO1 Group SE (ETR:AG1G) which was down 2.08% to 18.85 in late trade, Hochtief AG (ETR:HOTG) which lost 1.85% to settle at 148.90 and Aurubis AG (ETR:NAFG) which was down 1.50% to 82.35 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 4.57% to 47.62, Cancom SE O.N. (ETR:COKG) which was up 3.91% to settle at 26.06 and United Internet AG NA (ETR:UTDI) which gained 3.27% to close at 16.75.

The worst performers were Formycon AG (ETR:FYB) which was down 8.25% to 27.25 in late trade, Siemens Healthineers AG (ETR:SHLG) which lost 2.22% to settle at 54.50 and Eckert & Ziegler AG O.N. (ETR:EUZG) which was down 1.90% to 59.40 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 365 to 256 and 36 ended unchanged.

Shares in Rheinmetall AG (ETR:RHMG) rose to all time highs; gaining 6.40% or 57.20 to 951.40. Shares in Thyssenkrupp AG O.N. (ETR:TKAG) rose to 52-week highs; gaining 5.08% or 0.31 to 6.33. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; rising 4.57% or 2.08 to 47.62. Shares in Formycon AG (ETR:FYB) fell to 3-years lows; losing 8.25% or 2.45 to 27.25.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.43% to 18.45.

Gold Futures for April delivery was up 0.13% or 3.96 to $2,957.16 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.57% or 0.40 to hit $70.80 a barrel, while the May Brent oil contract rose 0.42% or 0.31 to trade at $74.36 a barrel.

EUR/USD was unchanged 0.14% to 1.05, while EUR/GBP unchanged 0.12% to 0.83.

The US Dollar Index Futures was unchanged 0.00% at 106.52.

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