Germany stocks higher at close of trade; DAX up 0.67%
Germany stocks higher at close of trade; DAX up 0.67%
Investing.com – Germany stocks were higher after the close on Friday, as gains in the Financial Services, Utilities and Software sectors led shares higher.
At the close in Frankfurt, the DAX rose 0.67%, while the MDAX index added 0.48%, and the TecDAX index gained 0.76%.
The best performers of the session on the DAX were Vonovia SE (ETR:VNAn), which rose 6.51% or 1.24 points to trade at 20.20 at the close. Meanwhile, E.ON SE (ETR:EONGn) added 3.25% or 0.25 points to end at 7.87 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 3.00% or 0.25 points to 8.61 in late trade.
The worst performers of the session were Bayer AG NA (ETR:BAYGN), which fell 1.60% or 0.80 points to trade at 49.00 at the close. Infineon Technologies AG NA O.N. (ETR:IFXGn) declined 1.31% or 0.32 points to end at 23.80 and Siemens AG Class N (ETR:SIEGn) was down 1.03% or 1.08 points to 104.16.
The top performers on the MDAX were Tag Immobilien AG (ETR:TEGG) which rose 8.28% to 6.21, LEG Immobilien AG (ETR:LEGn) which was up 6.04% to settle at 56.86 and Deutsche Wohnen AG (ETR:DWNG) which gained 5.18% to close at 18.07.
The worst performers were K&S AG (ETR:SDFGn) which was down 4.96% to 19.73 in late trade, Aixtron SE (ETR:AIXGn) which lost 4.07% to settle at 24.75 and Wacker Chemie O.N. (ETR:WCHG) which was down 3.68% to 100.90 at the close.
The top performers on the TecDAX were Morphosys AG O.N. (ETR:MORG) which rose 4.54% to 21.89, Nordex SE O.N. (ETR:NDXG) which was up 3.85% to settle at 8.15 and Varta AG (ETR:VAR1) which gained 3.60% to close at 30.20.
The worst performers were Aixtron SE (ETR:AIXGn) which was down 4.07% to 24.75 in late trade, Hensoldt Ag (ETR:HAGG) which lost 2.67% to settle at 21.90 and SMA Solar Technology AG (ETR:S92G) which was down 1.67% to 40.00 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 426 to 256 and 65 ended unchanged.
Shares in Wacker Chemie O.N. (ETR:WCHG) fell to 52-week lows; losing 3.68% or 3.85 to 100.90.
The DAX volatility index, which measures the implied volatility of DAX options, was down 0.77% to 29.68.
Gold Futures for December delivery was down 1.71% or 28.70 to $1,648.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 4.07% or 3.63 to hit $85.48 a barrel, while the December Brent oil contract fell 3.26% or 3.08 to trade at $91.49 a barrel.
EUR/USD was down 0.54% to 0.97, while EUR/GBP rose 0.89% to 0.87.
The US Dollar Index Futures was up 0.88% at 113.24.