Germany stocks higher at close of trade; DAX up 0.56%
Germany's stock market surged at the close of trade on Friday, with the DAX index rising 0.56%. The Food & Beverages, Software, and Consumer & Cyclical sectors contributed to the gains, propelling shares higher. The DAX's best performers included Adidas AG, which climbed 2.28% to 154.45, Scout24 AG, which added 1.71% to 77.45, and BMW AG, which increased 1.66% to 58.88.
Conversely, MTU Aero Engines and Fresenius Medical Care KGAA ST were among the session's worst performers, falling 1.92% and 1.83% respectively. MDAX and TecDAX also saw gains, with the former up 1.09% and the latter up 0.53%. The MDAX's top gainers were Thyssenkrupp AG, K+S AG, and Kion Group AG, while the TecDAX's winners were Atoss Software AG, IONOS Group SE, and Siltronic AG.
Falling stocks outnumbered rising ones on the exchange, with Fielmann AG hitting its 52-week low of 39.05. The DAX volatility index climbed 3.67% to 17.01. Gold Futures for December delivery rose 2.19% to $4,671.64 per troy ounce, while Crude oil for October delivery increased 0.13%. EUR/USD and EUR/GBP remained unchanged at 1.17 and 0.86 respectively, and the US Dollar Index Futures fell 0.07% to 98.75.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.