Germany’s benchmark equity index closed at a record on Friday, as gains in utilities, chemicals and insurance shares offset declines in select industrial and healthcare names. The DAX rose 0.82% to finish at a new all-time high, while the MDAX added 0.22% and the TecDAX climbed 0.44%.
Advancing stocks outnumbered decliners 389 to 259 on the Frankfurt exchange, with 28 issues unchanged. The DAX volatility index increased 2.10% to 16.36, reflecting modest intraday swings.
Among the DAX’s top performers, Bayerische Motoren Werke AG led with a 4.50% gain to 62.64, followed by Volkswagen AG VZO O.N. at 77.42 (+3.23%) and Mercedes-Benz Group AG at 46.95 (+2.96%). The worst performers included Rheinmetall AG, which fell 1.59% to 1,154.60, Scout24 AG at 80.45 (-0.98%) and Fresenius SE & Co KGAA O.N. at 45.86 (-0.75%).
The MDAX saw Lanxess AG rise 3.87% to 14.49, Aumovio SE gain 3.74% to 36.10 and Wacker Chemie O.N. advance 3.16% to 93.10. Redcare Pharmacy NV led decliners with a 5.86% drop to 63.50, while Hensoldt AG fell 2.26% to 87.20 and TKMS GmbH declined 1.65% to 89.60.
In the TecDAX, TeamViewer AG rose 2.57% to 7.18, SMA Solar Technology AG added 2.23% to 57.25 and Siltronic AG gained 2.08% to 81.10. The worst performers included Hensoldt AG again at 87.20 (-2.26%), Kontron AG at 22.50 (-1.83%) and Aixtron SE at 36.60 (-1.32%).
Commodities retreated as gold futures for December delivery fell 2.07% to $4,567.50 per troy ounce and Brent crude for November delivery declined 0.63% to $87.96 per barrel. West Texas Intermediate for October delivery dropped 0.60% to $83.03 per barrel. The euro weakened 0.49% against the dollar to 1.16, while the U.S. Dollar Index futures rose 0.45% to 99.54. The euro held steady versus the pound at 0.86.
