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Germany stocks higher at close of trade; DAX up 0.15%

Published 08/17/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.15%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Retail and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.15%, while the MDAX index added 0.65%, and the TecDAX index added 0.88%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.70% or 0.805 points to trade at 22.540 at the close. Meanwhile, Covestro AG (DE:1COV) added 1.90% or 0.710 points to end at 38.110 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 1.10% or 0.415 points to 38.080 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 10.98% or 0.149 points to trade at 1.210 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.31% or 0.106 points to end at 7.963 and Continental AG O.N. (DE:CONG) was down 1.26% or 1.17 points to 91.51.

The top performers on the MDAX were HelloFresh SE (DE:HFGG) which rose 4.62% to 43.94, Delivery Hero AG (DE:DHER) which was up 3.57% to settle at 102.80 and Nemetschek AG O.N. (DE:NEKG) which gained 3.48% to close at 64.000.

The worst performers were Stroeer SE (DE:SAXG) which was down 4.14% to 62.450 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 3.84% to settle at 9.4560 and Deutsche Lufthansa AG (DE:LHAG) which was down 3.71% to 8.306 at the close.

The top performers on the TecDAX were Infineon Technologies AG NA O.N. (DE:IFXGn) which rose 3.70% to 22.540, Nemetschek AG O.N. (DE:NEKG) which was up 3.48% to settle at 64.000 and Siltronic AG (DE:WAFGn) which gained 3.44% to close at 79.360.

The worst performers were Wirecard AG (DE:WDIG) which was down 10.98% to 1.210 in late trade, Drillisch AG (DE:DRIG) which lost 3.23% to settle at 24.560 and United Internet AG NA (DE:UTDI) which was down 2.17% to 41.970 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 349 to 321 and 81 ended unchanged.

Shares in Wirecard AG (DE:WDIG) fell to all time lows; losing 10.98% or 0.149 to 1.210. Shares in Deutsche Post AG NA O.N. (DE:DPWGn) rose to 52-week highs; up 1.10% or 0.415 to 38.080. Shares in Wirecard AG (DE:WDIG) fell to all time lows; down 10.98% or 0.149 to 1.210.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.41% to 24.34.

Gold Futures for December delivery was up 2.33% or 45.45 to $1995.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.36% or 0.57 to hit $42.58 a barrel, while the October Brent oil contract rose 0.74% or 0.33 to trade at $45.13 a barrel.

EUR/USD was up 0.22% to 1.1867, while EUR/GBP rose 0.09% to 0.9054.

The US Dollar Index Futures was down 0.27% at 92.830.

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