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Germany stocks higher at close of trade; DAX up 0.09%

Published 02/08/2021, 11:15 AM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.09%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Chemicals and Software sectors led shares higher.

At the close in Frankfurt, the DAX added 0.09% to hit a new all time high, while the MDAX index added 0.45%, and the TecDAX index gained 0.70%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.26% or 1.110 points to trade at 35.195 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.19% or 0.188 points to end at 8.768 and Covestro AG (DE:1COV) was up 2.26% or 1.320 points to 59.720 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 2.87% or 1.040 points to trade at 35.215 at the close. Delivery Hero AG (DE:DHER) declined 1.29% or 1.70 points to end at 130.10 and Fresenius SE & Co KGAA O.N. (DE:FREG) was down 0.94% or 0.330 points to 34.685.

The top performers on the MDAX were United Internet AG NA (DE:UTDI) which rose 4.33% to 38.760, Thyssenkrupp AG O.N. (DE:TKAG) which was up 4.27% to settle at 10.210 and Varta AG (DE:VAR1) which gained 3.73% to close at 155.600.

The worst performers were Carl Zeiss Meditec AG (DE:AFXG) which was down 4.05% to 132.700 in late trade, Aareal Bank AG (DE:ARLG) which lost 2.22% to settle at 18.900 and Aurubis AG (DE:NAFG) which was down 2.11% to 66.880 at the close.

The top performers on the TecDAX were Drillisch AG (DE:DRIG) which rose 6.63% to 22.360, United Internet AG NA (DE:UTDI) which was up 4.33% to settle at 38.760 and Varta AG (DE:VAR1) which gained 3.73% to close at 155.600.

The worst performers were Carl Zeiss Meditec AG (DE:AFXG) which was down 4.05% to 132.700 in late trade, New Work SE (DE:NWOn) which lost 2.35% to settle at 229.00 and Morphosys AG O.N. (DE:MORG) which was down 1.93% to 95.110 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 434 to 259 and 25 ended unchanged.

Shares in Covestro AG (DE:1COV) rose to 52-week highs; rising 2.26% or 1.320 to 59.720.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.84% to 22.37.

Gold Futures for April delivery was up 1.35% or 24.55 to $1837.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.53% or 0.87 to hit $57.72 a barrel, while the April Brent oil contract rose 1.01% or 0.60 to trade at $60.16 a barrel.

EUR/USD was up 0.02% to 1.2044, while EUR/GBP fell 0.02% to 0.8770.

The US Dollar Index Futures was up 0.03% at 90.998.

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