1 month ago
Stock Market

Germany stocks higher at close of trade; DAX up 0.99%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Food&Beverages, Transportation&Logistics and Retail sectors

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Food&Beverages, Transportation&Logistics and Retail sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.99%, while the MDAX index climbed 1.17%, and the TecDAX index added 1.49%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 5.86% or 5.685 points to trade at 102.725 at the close. Meanwhile, Deutsche Post AG NA O.N. (DE:DPWGn) added 2.45% or 0.620 points to end at 25.880 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 2.40% or 0.173 points to 7.371 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 0.46% or 0.44 points to trade at 94.64 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 0.17% or 0.120 points to end at 69.410 and Deutsche Telekom AG Na (DE:DTEGn) was up 0.14% or 0.020 points to 14.160.

The top performers on the MDAX were Commerzbank AG O.N. (DE:CBKG) which rose 4.33% to 6.368, Sartorius AG VZO O.N. (DE:SATG_p) which was up 3.81% to settle at 139.000 and Zalando SE (DE:ZALG) which gained 3.57% to close at 26.09.

The worst performers were Metro AG (DE:CECG) which was down 2.96% to 4.759 in late trade, Gerresheimer AG (DE:GXIG) which lost 2.16% to settle at 56.750 and Wacker Chemie O.N. (DE:WCHG) which was down 1.65% to 82.14 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 5.33% to 12.260, Dr. Hoenle AG O.N. (DE:HNLG) which was up 5.18% to settle at 52.800 and WashTec AG O.N. (DE:WSUG) which gained 4.10% to close at 61.000.

The worst performers were Borussia Dortmund GmbH&Co KGaA (DE:BVB) which was down 7.55% to 8.210 in late trade, Metro AG ST O.N. (DE:CECG) which lost 2.96% to settle at 4.759 and SLM Solutions Group AG (DE:AM3D) which was down 2.96% to 9.19 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 530 to 171 and 75 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.98% to 17.47.

Gold Futures for April delivery was down 0.44% or 5.85 to $1312.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.61% or 0.85 to hit $51.87 a barrel, while the April Brent oil contract fell 0.95% or 0.59 to trade at $61.51 a barrel.

EUR/USD was down 0.44% to 1.1279, while EUR/GBP rose 0.29% to 0.8770.

The US Dollar Index Futures was up 0.44% at 96.843.