April 29, 2025

Germany stocks higher at close of trade; DAX up 0.80%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Software , Food & Beverages and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.80%, while the MDAX index climbed 0.34%, and the TecDAX index climbed 0.58%.

The best performers of the session on the DAX were Rheinmetall AG (ETR: RHMG ), which rose 8.51% or 114.00 points to trade at 1,453.50 at the close. Meanwhile, Deutsche Bank AG NA O.N. (ETR: DBKGn ) added 5.04% or 1.13 points to end at 23.55 and Commerzbank AG O.N. (ETR: CBKG ) was up 3.98% or 0.92 points to 24.02 in late trade.

The worst performers of the session were Dr Ing hc F Porsche AG Preferred (ETR: P911_p ), which fell 4.13% or 1.94 points to trade at 44.99 at the close. Adidas AG (ETR: ADSGN ) declined 3.22% or 7.00 points to end at 210.40 and Infineon Technologies AG NA O.N. (ETR: IFXGn ) was down 1.92% or 0.57 points to 29.31.

The top performers on the MDAX were Hensoldt Ag (ETR: HAGG ) which rose 5.49% to 66.30, RENK Group AG (ETR: R3NK ) which was up 5.39% to settle at 51.45 and HelloFresh SE (ETR: HFGG ) which gained 5.13% to close at 8.89.

The worst performers were Deutsche Lufthansa AG (ETR: LHAG ) which was down 4.50% to 6.24 in late trade, Traton SE (ETR: 8TRA ) which lost 3.60% to settle at 28.94 and Aroundtown Property Holdings PLC (ETR: AT1 ) which was down 3.13% to 2.54 at the close.

The top performers on the TecDAX were Nagarro SE (ETR: NA9n ) which rose 11.32% to 65.90, Hensoldt Ag (ETR: HAGG ) which was up 5.49% to settle at 66.30 and SAP SE (ETR: SAPG ) which gained 2.33% to close at 254.60.

The worst performers were Infineon Technologies AG NA O.N. (ETR: IFXGn ) which was down 1.92% to 29.31 in late trade, Elmos Semiconductor AG (ETR: ELGG ) which lost 1.37% to settle at 57.70 and Siemens Healthineers AG (ETR: SHLG ) which was down 0.76% to 46.86 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 345 to 255 and 38 ended unchanged.

Shares in Deutsche Bank AG NA O.N. (ETR: DBKGn ) rose to 5-year highs; gaining 5.04% or 1.13 to 23.55.

The DAX volatility index , which measures the implied volatility of DAX options, was up 2.34% to 23.02.

Gold Futures for June delivery was down 0.66% or 22.26 to $3,325.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 2.19% or 1.36 to hit $60.69 a barrel, while the July Brent oil contract fell 2.11% or 1.37 to trade at $63.42 a barrel.

EUR/USD was unchanged 0.13% to 1.14, while EUR/GBP unchanged 0.13% to 0.85.

The US Dollar Index Futures was up 0.09% at 98.88.

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