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Germany stocks higher at close of trade; DAX up 0.49%

Published 02/03/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.49%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Food & Beverages, Software and Retail sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.49%, while the MDAX index climbed 0.22%, and the TecDAX index added 0.13%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 1.85% or 2.180 points to trade at 120.000 at the close. Meanwhile, Heidelbergcement AG O.N. (DE:HEIG) added 1.66% or 1.020 points to end at 62.300 and Deutsche Lufthansa AG (DE:LHAG) was up 1.66% or 0.230 points to 14.060 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 1.85% or 0.153 points to trade at 8.131 at the close. Covestro AG (DE:1COV) declined 1.13% or 0.430 points to end at 37.720 and Continental AG O.N. (DE:CONG) was down 0.62% or 0.64 points to 102.30.

The top performers on the MDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 3.51% to 218.000, Bechtle AG (DE:BC8G) which was up 2.83% to settle at 134.400 and Nemetschek AG O.N. (DE:NEKG) which gained 2.76% to close at 63.250.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 5.64% to 37.620 in late trade, Thyssenkrupp AG O.N. (DE:TKAG) which lost 5.31% to settle at 10.572 and Siemens Healthineers AG (DE:SHLG) which was down 4.71% to 40.48 at the close.

The top performers on the TecDAX were New Work SE (DE:NWOn) which rose 5.76% to 312.00, Sartorius AG VZO O.N. (DE:SATG_p) which was up 3.51% to settle at 218.000 and Bechtle AG (DE:BC8G) which gained 2.83% to close at 134.400.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 5.64% to 37.620 in late trade, Siemens Healthineers AG (DE:SHLG) which lost 4.71% to settle at 40.48 and Varta AG (DE:VAR1) which was down 4.16% to 73.700 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 389 to 286 and 75 ended unchanged.

Shares in Covestro AG (DE:1COV) fell to 3-years lows; down 1.13% or 0.430 to 37.720.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.70% to 16.93.

Gold Futures for April delivery was down 0.37% or 5.95 to $1581.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.00% or 1.03 to hit $50.53 a barrel, while the April Brent oil contract fell 2.86% or 1.62 to trade at $55.00 a barrel.

EUR/USD was down 0.27% to 1.1062, while EUR/GBP rose 1.27% to 0.8506.

The US Dollar Index Futures was up 0.42% at 97.625.

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