3 months ago
Stock Market

Germany stocks higher at close of trade; DAX up 0.24%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Media, Software and Telecoms sectors

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Media, Software and Telecoms sectors led shares higher.

At the close in Frankfurt, the DAX added 0.24%, while the MDAX index added 0.24%, and the TecDAX index added 0.64%.

The best performers of the session on the DAX were Fresenius SE&Co KGAA O.N. (DE:FREG), which rose 4.17% or 1.710 points to trade at 42.710 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 2.64% or 3.500 points to end at 135.950 and Deutsche Boerse AG (DE:DB1Gn) was up 1.99% or 2.050 points to 104.850 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (DE:DPWGn), which fell 4.16% or 1.050 points to trade at 24.220 at the close. Bayer AG NA (DE:BAYGN) declined 2.81% or 1.78 points to end at 61.63 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.49% or 0.114 points to 7.530.

The top performers on the MDAX were Scout24 AG (DE:G24n) which rose 5.86% to 41.940, CTS Eventim AG (DE:EVDG) which was up 4.29% to settle at 34.540 and Evotec AG O.N. (DE:EVTG) which gained 3.93% to close at 17.970.

The worst performers were Metro AG (DE:CECG) which was down 17.31% to 2.966 in late trade, Siltronic AG (DE:WAFGn) which lost 5.67% to settle at 68.580 and Airbus Group SE (DE:AIRG) which was down 2.13% to 86.86 at the close.

The top performers on the TecDAX were Takkt AG O.N. (DE:TTKG) which rose 3.52% to 12.940, Stroeer SE (DE:SAXG) which was up 2.40% to settle at 44.320 and Jenoptik AG (DE:JENGn) which gained 2.11% to close at 24.180.

The worst performers were Metro AG ST O.N. (DE:CECG) which was down 17.48% to 2.960 in late trade, Tele Columbus AG (DE:TC1n) which lost 4.15% to settle at 3.12 and Zooplus AG (DE:ZO1G) which was down 3.99% to 122.60 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 356 to 353 and 70 ended unchanged.

Shares in Deutsche Post AG NA O.N. (DE:DPWGn) fell to 52-week lows; down 4.16% or 1.050 to 24.220. Shares in Metro AG (DE:CECG) fell to all time lows; falling 17.31% or 0.621 to 2.966. Shares in Siltronic AG (DE:WAFGn) fell to 52-week lows; losing 5.67% or 4.120 to 68.580. Shares in Metro AG ST O.N. (DE:CECG) fell to all time lows; losing 17.48% or 0.627 to 2.960. Shares in Zooplus AG (DE:ZO1G) fell to 52-week lows; losing 3.99% or 5.10 to 122.60.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.90% to 20.46.

Gold Futures for February delivery was up 0.40% or 5.00 to $1258.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.98% or 1.39 to hit $47.99 a barrel, while the February Brent oil contract rose 2.38% or 1.34 to trade at $57.60 a barrel.

EUR/USD was up 0.55% to 1.1425, while EUR/GBP rose 0.37% to 0.9022.

The US Dollar Index Futures was down 0.49% at 96.097.