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Germany stocks higher at close of trade; DAX up 0.63%

Published 01/07/2021, 11:15 AM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.63%
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DHLn
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DB1Gn
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Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Transportation & Logistics, Telecoms and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX added 0.63% to hit a new all time high, while the MDAX index added 0.47%, and the TecDAX index added 0.37%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 3.68% or 2.420 points to trade at 68.150 at the close. Meanwhile, Deutsche Post AG NA O.N. (DE:DPWGn) added 3.11% or 1.250 points to end at 41.430 and Covestro AG (DE:1COV) was up 2.96% or 1.560 points to 54.260 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 3.32% or 4.60 points to trade at 133.75 at the close. Deutsche Boerse AG (DE:DB1Gn) declined 2.32% or 3.270 points to end at 137.380 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was down 1.76% or 4.35 points to 242.85.

The top performers on the MDAX were K&S AG (DE:SDFGn) which rose 7.39% to 10.297, Kion Group AG (DE:KGX) which was up 5.16% to settle at 76.62 and Thyssenkrupp AG O.N. (DE:TKAG) which gained 3.93% to close at 9.125.

The worst performers were TeamViewer AG (DE:TMV) which was down 3.13% to 41.48 in late trade, GEA Group AG (DE:G1AG) which lost 2.38% to settle at 29.325 and Puma SE (DE:PUMG) which was down 2.41% to 88.54 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 6.89% to 25.760, Morphosys AG O.N. (DE:MORG) which was up 2.79% to settle at 96.470 and Qiagen NV (DE:QIA) which gained 2.33% to close at 42.745.

The worst performers were TeamViewer AG (DE:TMV) which was down 3.13% to 41.48 in late trade, Bechtle AG (DE:BC8G) which lost 2.13% to settle at 174.800 and Software AG (DE:SOWGn) which was down 1.60% to 32.670 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 415 to 268 and 29 ended unchanged.

Shares in Heidelbergcement AG O.N. (DE:HEIG) rose to 52-week highs; up 3.68% or 2.420 to 68.150. Shares in Covestro AG (DE:1COV) rose to 52-week highs; gaining 2.96% or 1.560 to 54.260. Shares in Nordex SE O.N. (DE:NDXG) rose to 3-years highs; gaining 6.89% or 1.660 to 25.760.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.97% to 22.93.

Gold Futures for February delivery was up 0.50% or 9.45 to $1918.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.67% or 0.34 to hit $50.97 a barrel, while the March Brent oil contract rose 0.63% or 0.34 to trade at $54.64 a barrel.

EUR/USD was down 0.43% to 1.2272, while EUR/GBP fell 0.09% to 0.9046.

The US Dollar Index Futures was up 0.32% at 89.785.

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