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Germany stocks mixed at close of trade; DAX up 0.75%

• HNRGn

Hannover Re shares rise after 30% net income jump and raised 2024 profit outlook

Hannover Re reported a 30% increase in net income, revised profit target to €2.3 billion, boosted by higher reinsurance revenue and strong investment returns.

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Germany stocks higher at close of trade; DAX up 0.92%

On Friday, German stocks rose, driven by strong retail and healthcare sectors. DAX gained 0.92%, with top performers including Sartorius and Siemens Energy, while Volkswagen hit a 3-year low.