3 weeks ago
Stock Market

Germany stocks higher at close of trade; DAX up 0.25%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Retail, Pharmaceuticals&Healthcare and Software sectors

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Retail, Pharmaceuticals&Healthcare and Software sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.25%, while the MDAX index gained 0.56%, and the TecDAX index gained 0.38%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 3.55% or 1.720 points to trade at 50.140 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 3.04% or 3.550 points to end at 120.500 and Fresenius SE&Co KGAA O.N. (DE:FREG) was up 2.68% or 1.290 points to 49.430 in late trade.

The worst performers of the session were Deutsche Lufthansa AG (DE:LHAG), which fell 2.18% or 0.500 points to trade at 22.450 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 1.28% or 0.170 points to end at 13.150 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 0.90% or 0.175 points to 19.305.

The top performers on the MDAX were Zalando SE (DE:ZALG) which rose 23.76% to 32.40, Duerr AG (DE:DUEG) which was up 7.60% to settle at 35.940 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 5.24% to close at 10.84.

The worst performers were Kion Group AG (DE:KGX) which was down 3.06% to 50.12 in late trade, Freenet AG NA (DE:FNTGn) which lost 2.32% to settle at 18.5150 and Wacker Chemie O.N. (DE:WCHG) which was down 2.28% to 90.06 at the close.

The top performers on the TecDAX were Isra Vision O.N. (DE:ISRG) which rose 16.88% to 37.05, RIB Software AG Na (DE:RIB) which was up 6.04% to settle at 12.810 and Wirecard AG (DE:WDIG) which gained 3.04% to close at 120.500.

The worst performers were Aixtron SE NA O.N. (DE:AIXGn) which was down 3.98% to 7.8580 in late trade, Freenet AG NA (DE:FNTGn) which lost 2.32% to settle at 18.515 and S&T AG (DE:SANT1) which was down 1.67% to 21.18 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 359 to 337 and 82 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.04% to 15.62.

Gold Futures for April delivery was down 0.37% or 4.85 to $1316.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.30% or 0.17 to hit $57.11 a barrel, while the May Brent oil contract fell 0.41% or 0.27 to trade at $66.31 a barrel.

EUR/USD was up 0.15% to 1.1385, while EUR/GBP rose 0.48% to 0.8583.

The US Dollar Index Futures was down 0.00% at 96.037.