Germany stocks mixed at close of trade; DAX up 0.29%
Jan 16, 2025

Investing.com – Germany stocks were mixed after the close on Thursday, as gains in the Food & Beverages , Retail and Utilities sectors led shares higher while losses in the Construction , Basic Resources and Financial Services sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.29% to hit a new all time high, while the MDAX index lost 0.25%, and the TecDAX index added 0.04%.

The best performers of the session on the DAX were Zalando SE (ETR: ZALG ), which rose 8.57% or 2.50 points to trade at 31.68 at the close. Meanwhile, Rheinmetall AG (ETR: RHMG ) added 4.51% or 29.60 points to end at 686.00 and Hannover Rueck SE (ETR: HNRGn ) was up 2.51% or 6.20 points to 253.50 in late trade.

The worst performers of the session were Siemens Energy AG (ETR: ENR1n ), which fell 3.60% or 1.88 points to trade at 50.34 at the close. Mercedes Benz Group AG (ETR: MBGn ) declined 2.02% or 1.14 points to end at 55.16 and Daimler Truck Holding AG (ETR: DTGGe ) was down 1.83% or 0.71 points to 38.01.

The top performers on the MDAX were SCHOTT Pharma AG & Co KgaA (ETR: 1SXP ) which rose 3.48% to 24.40, Hypoport AG (ETR: HYQGn ) which was up 3.20% to settle at 183.80 and Lanxess AG (ETR: LXSG ) which gained 2.08% to close at 24.05.

The worst performers were Nordex SE O.N. (ETR: NDXG ) which was down 3.29% to 12.07 in late trade, Evotec AG O.N. (ETR: EVTG ) which lost 2.77% to settle at 7.74 and AUTO1 Group SE (ETR: AG1G ) which was down 2.76% to 16.89 at the close.

The top performers on the TecDAX were IONOS Group SE (ETR: IOSn ) which rose 2.92% to 22.90, Cancom SE O.N. (ETR: COKG ) which was up 1.86% to settle at 24.14 and 11 AG (ETR: 1U1 ) which gained 1.77% to close at 11.52.

The worst performers were Nordex SE O.N. (ETR: NDXG ) which was down 3.29% to 12.07 in late trade, Evotec AG O.N. (ETR: EVTG ) which lost 2.77% to settle at 7.74 and Aixtron SE (ETR: AIXGn ) which was down 2.26% to 14.03 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 302 to 292 and 41 ended unchanged.

Shares in Rheinmetall AG (ETR: RHMG ) rose to all time highs; rising 4.51% or 29.60 to 686.00.

The DAX volatility index , which measures the implied volatility of DAX options, was down 7.20% to 14.56.

Gold Futures for February delivery was up 1.35% or 36.59 to $2,754.39 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.49% or 1.17 to hit $77.54 a barrel, while the March Brent oil contract fell 1.32% or 1.08 to trade at $80.95 a barrel.

EUR/USD was unchanged 0.10% to 1.03, while EUR/GBP unchanged 0.08% to 0.84.

The US Dollar Index Futures was down 0.11% at 108.80.