⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

Germany stocks higher at close of trade; DAX up 0.38%

Published 05/10/2024, 12:05 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.38%

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

At the close in Frankfurt, the DAX rose 0.38% to hit a new all time high, while the MDAX index climbed 0.19%, and the TecDAX index gained 0.50%.

The best performers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 4.07% or 0.95 points to trade at 24.27 at the close. Meanwhile, Zalando SE (ETR:ZALG) added 3.32% or 0.81 points to end at 25.24 and Munich Reinsurance (ETR:MUVGn) was up 3.13% or 13.80 points to 455.40 in late trade.

The worst performers of the session were BASF SE NA O.N. (ETR:BASFN), which fell 2.08% or 1.03 points to trade at 48.81 at the close. Airbus Group SE (ETR:AIRG) declined 1.56% or 2.54 points to end at 159.84 and Symrise AG Inh. O.N. (ETR:SY1G) was down 1.52% or 1.58 points to 101.78.

The top performers on the MDAX were Fresenius Medical Care KGAA ST (ETR:FMEG) which rose 4.18% to 40.40, Delivery Hero AG (ETR:DHER) which was up 2.85% to settle at 25.24 and Bechtle AG (ETR:BC8G) which gained 2.42% to close at 45.64.

The worst performers were Stabilus (ETR:STM1) which was down 4.99% to 57.10 in late trade, Lanxess AG (ETR:LXSG) which lost 3.58% to settle at 26.92 and Puma SE (ETR:PUMG) which was down 3.41% to 50.70 at the close.

The top performers on the TecDAX were Infineon Technologies AG NA O.N. (ETR:IFXGn) which rose 3.01% to 38.00, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 2.66% to settle at 27.82 and Bechtle AG (ETR:BC8G) which gained 2.42% to close at 45.64.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 1.62% to 21.85 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 1.30% to settle at 9.52 and Cancom SE O.N. (ETR:COKG) which was down 1.22% to 29.06 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 353 to 254 and 36 ended unchanged.

Shares in Munich Reinsurance (ETR:MUVGn) rose to all time highs; up 3.13% or 13.80 to 455.40.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 13.64 a new 1-month low.

Gold Futures for June delivery was up 1.23% or 28.80 to $2,369.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.74% or 0.59 to hit $78.67 a barrel, while the July Brent oil contract fell 0.76% or 0.64 to trade at $83.24 a barrel.

EUR/USD was unchanged 0.08% to 1.08, while EUR/GBP unchanged 0.11% to 0.86.

The US Dollar Index Futures was up 0.07% at 105.18.

Latest comments

Loading next article…
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.