Shares in Germany finished the trading session higher on Tuesday, with the DAX outperforming other domestic indices as investors rewarded stocks in Industrials, Technology and Pharmaceuticals & Healthcare.
At the close in Frankfurt, the DAX rose 1.43%. The mid-cap MDAX climbed 1.11% and the technology-focused TecDAX edged up 0.02%.
Leading movers
Among DAX constituents, Siemens Energy AG (ETR:ENR1n) was the session's top performer, advancing 5.56% to finish at 165.80. Bayer AG NA (ETR:BAYGN) followed, adding 5.17% to close at 48.41, while Siemens AG Class N (ETR:SIEGn) rose 4.44% to end the day at 281.15.
On the downside, Deutsche Telekom AG Na (ETR:DTEGn) fell 3.91% to 23.85, SAP SE (ETR:SAPG) declined 1.93% to 134.00 and Volkswagen AG VZO O.N. (ETR:VOWG_p) slipped 1.77% to 70.10.
Mid-caps and tech names
The MDAX also produced notable moves. Aumovio Se (ETR:AMV0n) led the index's gainers, rising 5.88% to 36.00. Traton SE (ETR:8TRA) added 4.08% to settle at 33.18, and Nordex SE O.N. (ETR:NDXG) gained 3.73% to close at 46.20.
Conversely, Nemetschek AG O.N. (ETR:NEKG) fell 3.89% to 53.10, United Internet AG NA (ETR:UTDI) lost 3.44% to finish at 23.00 and Freenet AG NA (ETR:FNTGn) declined 3.34% to 22.54.
TecDAX highlights
On the TecDAX, SMA Solar Technology AG (ETR:S92G) posted the largest percentage gain, jumping 11.32% to 62.95. Infineon Technologies AG NA O.N. (ETR:IFXGn) rose 4.38% to 81.67 and Jenoptik AG (ETR:JENGn) gained 3.76% to 46.94.
Market breadth and notable price milestones
Rising issues outnumbered decliners on the Frankfurt Stock Exchange by 373 to 294, with 25 stocks unchanged at the close. Several individual securities reached extreme price marks during the session: Deutsche Telekom AG Na fell to 52-week lows, United Internet AG NA and Freenet AG NA also recorded 52-week lows, while Volkswagen AG VZO O.N. hit a five-year low. By contrast, shares of Siemens AG Class N advanced to an all-time high.
Volatility, commodities and FX
The DAX volatility index, which measures implied volatility for DAX options, eased 3.04% to 17.41.
In commodities, Gold Futures for August delivery ticked up 0.07% or 3.00 to $4,041.90 a troy ounce. Crude oil for August delivery fell 1.19% or 0.84, finishing at $69.91 a barrel, while the September Brent contract slipped 0.54% or 0.40 to $73.51 a barrel.
Foreign exchange rates were largely unchanged: EUR/USD moved by 0.09% to 1.14 and EUR/GBP shifted 0.07% to 0.86. The US Dollar Index Futures was up 0.11% at 100.99.
Session wrap
Overall, the session was characterized by broad-based advances led by energy and industrial names, alongside gains in selective technology and healthcare stocks. Telecom and certain software-related names underperformed, contributing to the list of stocks that recorded fresh lows during the session.
Investors monitoring market volatility saw implied moves moderate, while commodities and FX showed mixed results heading into the next trading session.