Germany Stocks Rise at Close of Trade; DAX Up 1.26%

Germany’s stock market saw gains on Friday, closing with positive momentum driven by performance in various sectors.

At the end of trading in Frankfurt, the DAX index rose by 1.26%, reaching a new all-time high. Meanwhile, the MDAX increased by 1.57%, and the TecDAX climbed by 2.31%.

Among the day’s top performers on the DAX were Brenntag AG, which surged by 6.94%, adding 4.40 points to close at 67.78. Infineon Technologies AG followed closely, rising 6.72% or 2.06 points to finish at 32.69, while BASF SE gained 6.59% or 2.98 points, closing at 48.28.

In contrast, the session’s worst performers included Heidelberg Materials AG, which fell 1.64% (down 1.65 points) to close at 98.90, Siemens Energy AG, down 1.35% (0.45 points) at 32.90, and MTU Aero Engines, which declined 1.23% (3.50 points) to end at 281.10.

On the MDAX, Wacker Chemie saw significant gains, rising 8.47% to 88.62. Carl Zeiss Meditec also performed well, climbing 7.51% to settle at 70.85, and Kion Group AG increased by 5.66%, closing at 36.94.

Meanwhile, the MDAX’s weakest stocks included United Internet AG, which fell 3.14% to 18.53, GEA Group AG, which lost 1.12% to close at 44.30, and Aurubis AG, down 1.06% at 65.30.

Top performers on the TecDAX included Nagarro SE, which soared 10.80% to 88.25, and Carl Zeiss Meditec, which was up 7.51% to 70.85. Infineon Technologies also performed well, gaining 6.72% to close at 32.69. The weakest stocks in this index included United Internet AG, down 3.14%, SUSS MicroTec SE, which lost 1.63%, and Aixtron SE, which saw a slight decline of 0.71% to 15.99.

Overall, advancing stocks outnumbered decliners on the Frankfurt Stock Exchange, with 415 gaining ground, 231 declining, and 34 remaining unchanged.

The volatility index for DAX options increased by 1.50% to 15.17.

In commodities, gold futures for December delivery dropped 0.88% to $2,671.15 per ounce. Crude oil for November delivery increased by 0.74% to $68.17 a barrel, while Brent crude for December delivery rose by 0.58% to $71.50.

In currency exchanges, the EUR/USD pair remained stable at 1.12, while the EUR/GBP showed minimal change at 0.83. The US Dollar Index Futures lowered by 0.06%, settling at 100.18.