2 months ago
Stock Market

Germany stocks higher at close of trade; DAX up 3.37%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Basic Resources, Pharmaceuticals&Healthcare and Construction

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Basic Resources, Pharmaceuticals&Healthcare and Construction sectors led shares higher.

At the close in Frankfurt, the DAX gained 3.37%, while the MDAX index climbed 2.99%, and the TecDAX index climbed 3.23%.

The best performers of the session on the DAX were Fresenius SE&Co KGAA O.N. (DE:FREG), which rose 7.68% or 3.165 points to trade at 44.365 at the close. Meanwhile, Bayer AG NA (DE:BAYGN) added 6.35% or 3.86 points to end at 64.66 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 6.05% or 3.360 points to 58.940 in late trade.

The worst performers of the session were Deutsche Telekom AG Na (DE:DTEGn), which rose 0.77% or 0.115 points to trade at 15.045 at the close. Beiersdorf AG O.N. (DE:BEIG) added 0.90% or 0.820 points to end at 92.180 and E.ON SE NA (DE:EONGn) was up 0.94% or 0.085 points to 9.083.

The top performers on the MDAX were Salzgitter AG (DE:SZGG) which rose 8.17% to 26.340, Metro AG (DE:CECG) which was up 7.43% to settle at 3.223 and Kion Group AG (DE:KGX) which gained 5.96% to close at 45.53.

The worst performers were Osram Licht AG (DE:OSRn) which was down 3.81% to 36.35 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 3.42% to settle at 14.5500 and Innogy SE (DE:IGY) which was down 0.80% to 41.050 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 19.35% to 9.250, SMA Solar Technology AG (DE:S92G) which was up 8.61% to settle at 16.650 and Aumann AG (DE:AAGG) which gained 7.64% to close at 31.0000.

The worst performers were VTG AG O.N. (DE:VT9G) which was down 1.96% to 50.000 in late trade, Tele Columbus AG (DE:TC1n) which lost 1.53% to settle at 2.90 and Shop Apotheke Europe NV (DE:SAEG) which was down 0.78% to 38.200 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 609 to 114 and 53 ended unchanged.

Shares in Prosiebensat 1 Media AG (DE:PSMGn) fell to 5-year lows; falling 3.42% or 0.5150 to 14.5500.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.67% to 21.48.

Gold Futures for February delivery was down 0.63% or 8.15 to $1286.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.06% or 0.97 to hit $48.06 a barrel, while the March Brent oil contract rose 2.13% or 1.19 to trade at $57.14 a barrel.

EUR/USD was up 0.08% to 1.1401, while EUR/GBP fell 0.72% to 0.8953.

The US Dollar Index Futures was down 0.14% at 95.745.