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Germany stocks higher at close of trade; DAX up 0.13%

Published 01/12/2021, 11:15 AM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.13%
DE40
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CONG
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IFXGn
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TKAG
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DRWG_p
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HOTG
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RWEG
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NDXG
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SY1G
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MORG
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CXPHX
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CXPLX
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CXPRX
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MDAXI
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TECDAX
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V1XI
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NWOn
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EUZG
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DWNG
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DUEG
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VNAn
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1COVG
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SHLG
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Technology, Transportation & Logistics and Retail sectors led shares higher.

At the close in Frankfurt, the DAX added 0.13%, while the MDAX index gained 0.35%, and the TecDAX index added 0.03%.

The best performers of the session on the DAX were Continental AG O.N. (DE:CONG), which rose 3.49% or 4.05 points to trade at 120.13 at the close. Meanwhile, Covestro AG (DE:1COV) added 2.83% or 1.520 points to end at 55.260 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 2.88% or 0.968 points to 34.538 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 2.33% or 0.890 points to trade at 37.265 at the close. Deutsche Wohnen AG (DE:DWNG) declined 2.13% or 0.890 points to end at 40.990 and Vonovia SE (DE:VNAn) was down 2.02% or 1.16 points to 56.34.

The top performers on the MDAX were Thyssenkrupp AG O.N. (DE:TKAG) which rose 7.03% to 9.543, Duerr AG (DE:DUEG) which was up 4.80% to settle at 34.900 and Hochtief AG (DE:HOTG) which gained 4.21% to close at 84.20.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 4.32% to 92.970 in late trade, Symrise AG Inh. O.N. (DE:SY1G) which lost 3.04% to settle at 103.525 and Siemens Healthineers AG (DE:SHLG) which was down 1.53% to 43.69 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE:DRWG_p) which rose 5.41% to 70.100, Eckert & Ziegler AG O.N. (DE:EUZG) which was up 2.91% to settle at 46.040 and Infineon Technologies AG NA O.N. (DE:IFXGn) which gained 2.88% to close at 34.538.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 4.32% to 92.970 in late trade, Nordex SE O.N. (DE:NDXG) which lost 2.90% to settle at 24.820 and New Work SE (DE:NWOn) which was down 2.47% to 257.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 388 to 286 and 31 ended unchanged.

Shares in Covestro AG (DE:1COV) rose to 52-week highs; up 2.83% or 1.520 to 55.260. Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; rising 2.88% or 0.968 to 34.538. Shares in Duerr AG (DE:DUEG) rose to 52-week highs; up 4.80% or 1.600 to 34.900. Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; up 2.88% or 0.968 to 34.538.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.24% to 23.58.

Gold Futures for February delivery was down 0.26% or 4.90 to $1845.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.61% or 0.84 to hit $53.09 a barrel, while the March Brent oil contract rose 1.65% or 0.92 to trade at $56.58 a barrel.

EUR/USD was up 0.14% to 1.2166, while EUR/GBP fell 0.68% to 0.8926.

The US Dollar Index Futures was down 0.13% at 90.325.

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