Germany stocks higher at close of trade; DAX up 0.66%

Germany stocks higher at close of trade; DAX up 0.66%

Germany stocks higher at close of trade; DAX up 0.66% © Reuters. Germany stocks higher at close of trade; DAX up 0.66%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Media and Financial Services sectors led shares higher.

At the close in Frankfurt, the DAX added 0.66%, while the MDAX index gained 0.89%, and the TecDAX index gained 1.13%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 6.29% or 12.27 points to trade at 207.45 at the close. Meanwhile, Continental AG O.N. (DE:CONG) added 3.49% or 3.97 points to end at 117.75 and Delivery Hero AG (DE:DHER) was up 3.05% or 3.20 points to 108.00 in late trade.

The worst performers of the session were Adidas AG (DE:ADSGN), which fell 1.97% or 5.80 points to trade at 288.70 at the close. RWE AG ST O.N. (DE:RWEG) declined 1.38% or 0.450 points to end at 32.200 and Allianz SE VNA O.N. (DE:ALVG) was down 0.84% or 1.80 points to 211.70.

The top performers on the MDAX were Varta AG (DE:VAR1) which rose 14.39% to 128.000, Hugo Boss AG NA O.N. (DE:BOSSn) which was up 7.22% to settle at 36.230 and Zalando SE (DE:ZALG) which gained 5.03% to close at 90.68.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 10.09% to 75.210 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 5.91% to settle at 109.62 and Thyssenkrupp AG O.N. (DE:TKAG) which was down 3.66% to 11.200 at the close.

The top performers on the TecDAX were Varta AG (DE:VAR1) which rose 14.39% to 128.000, Jenoptik AG (DE:JENGn) which was up 4.51% to settle at 28.260 and Nordex SE O.N. (DE:NDXG) which gained 3.85% to close at 22.680.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 10.09% to 75.210 in late trade, Deutsche Telekom AG Na (DE:DTEGn) which lost 0.82% to settle at 16.492 and Software AG (DE:SOWGn) which was down 0.63% to 33.370 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 433 to 254 and 67 ended unchanged.

Shares in Volkswagen AG VZO O.N. (DE:VOWG_p) rose to 5-year highs; up 6.29% or 12.27 to 207.45. Shares in Hugo Boss AG NA O.N. (DE:BOSSn) rose to 52-week highs; rising 7.22% or 2.440 to 36.230.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.19% to 18.98 a new 52-week low.

Gold Futures for April delivery was up 0.08% or 1.30 to $1730.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.12% or 0.73 to hit $64.66 a barrel, while the May Brent oil contract fell 0.89% or 0.61 to trade at $68.27 a barrel.

EUR/USD was down 0.20% to 1.1905, while EUR/GBP fell 0.20% to 0.8566.

The US Dollar Index Futures was up 0.03% at 91.862.

Original Article

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *