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Germany stocks higher at close of trade; DAX up 0.55%

Published 11/07/2022, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.55%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Media, Technology and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX added 0.55% to hit a new 1-month high, while the MDAX index added 1.15%, and the TecDAX index gained 0.54%.

The best performers of the session on the DAX were Covestro AG (ETR:1COV), which rose 3.20% or 1.13 points to trade at 36.46 at the close. Meanwhile, Volkswagen AG VZO O.N. (ETR:VOWG_p) added 2.46% or 3.28 points to end at 136.36 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was up 2.17% or 0.56 points to 26.33 in late trade.

The worst performers of the session were Symrise AG Inh. O.N. (ETR:SY1G), which fell 2.54% or 2.56 points to trade at 98.34 at the close. Qiagen NV (ETR:QIA) declined 1.98% or 0.85 points to end at 42.02 and Vonovia SE (ETR:VNAn) was down 1.58% or 0.36 points to 22.36.

The top performers on the MDAX were CTS Eventim AG (ETR:EVDG) which rose 7.34% to 51.50, Prosiebensat 1 Media AG (ETR:PSMGn) which was up 6.88% to settle at 7.58 and Thyssenkrupp AG O.N. (ETR:TKAG) which gained 5.70% to close at 5.04.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 5.74% to 43.82 in late trade, Aixtron SE (ETR:AIXGn) which lost 1.64% to settle at 25.21 and TeamViewer AG (ETR:TMV) which was down 1.44% to 10.28 at the close.

The top performers on the TecDAX were Verbio Vereinigte Bioenergie AG (ETR:VBKG) which rose 4.69% to 82.55, SMA Solar Technology AG (ETR:S92G) which was up 4.27% to settle at 53.75 and Morphosys AG O.N. (ETR:MORG) which gained 3.92% to close at 20.43.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 5.74% to 43.82 in late trade, Suse SA (ETR:SUSEG) which lost 2.40% to settle at 17.07 and Hensoldt Ag (ETR:HAGG) which was down 1.99% to 22.15 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 470 to 207 and 78 ended unchanged.

Shares in Nemetschek AG O.N. (ETR:NEKG) fell to 52-week lows; down 5.74% or 2.67 to 43.82. Shares in Nemetschek AG O.N. (ETR:NEKG) fell to 52-week lows; losing 5.74% or 2.67 to 43.82.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.09% to 23.22 a new 1-month low.

Gold Futures for December delivery was up 0.19% or 3.15 to $1,679.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.36% or 0.33 to hit $92.28 a barrel, while the January Brent oil contract fell 0.31% or 0.31 to trade at $98.26 a barrel.

EUR/USD was up 0.61% to 1.00, while EUR/GBP fell 0.58% to 0.87.

The US Dollar Index Futures was down 0.66% at 110.04.

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