Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Germany stocks higher at close of trade; DAX up 0.67%

Published 10/12/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.67%
DE40
-
BAYGN
-
CONG
-
MBGn
-
IFXGn
-
SOWGn
-
NDXG
-
MTXGn
-
CXPHX
-
CXPIX
-
CXPSX
-
MDAXI
-
TECDAX
-
V1XI
-
GLJn
-
SAXG
-
NWOn
-
AFXG
-
JENGn
-
KGX
-
WAFGn
-
VNAn
-

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Insurance and Software sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.67%, while the MDAX index gained 0.55%, and the TecDAX index added 1.24%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 1.80% or 0.495 points to trade at 28.030 at the close. Meanwhile, Daimler AG NA O.N. (DE:DAIGn) added 1.79% or 0.865 points to end at 49.125 and Vonovia SE (DE:VNAn) was up 1.57% or 0.92 points to 59.66 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 2.08% or 3.25 points to trade at 153.00 at the close. Bayer AG NA (DE:BAYGN) declined 0.96% or 0.45 points to end at 46.30 and Continental AG O.N. (DE:CONG) was down 0.76% or 0.76 points to 99.64.

The top performers on the MDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 4.32% to 120.800, Siltronic AG (DE:WAFGn) which was up 3.83% to settle at 86.780 and Kion Group AG (DE:KGX) which gained 3.34% to close at 80.42.

The worst performers were Grenke N AG (DE:GLJn) which was down 5.28% to 37.34 in late trade, Software AG (DE:SOWGn) which lost 4.61% to settle at 37.900 and Stroeer SE (DE:SAXG) which was down 3.72% to 67.350 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 4.32% to 120.800, Siltronic AG (DE:WAFGn) which was up 3.83% to settle at 86.780 and Jenoptik AG (DE:JENGn) which gained 3.57% to close at 24.920.

The worst performers were Software AG (DE:SOWGn) which was down 4.61% to 37.900 in late trade, New Work SE (DE:NWOn) which lost 2.67% to settle at 255.50 and Nordex SE O.N. (DE:NDXG) which was down 0.30% to 13.460 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 432 to 247 and 72 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; up 1.80% or 0.495 to 28.030. Shares in Kion Group AG (DE:KGX) rose to 3-years highs; gaining 3.34% or 2.60 to 80.42.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.30% to 23.54.

Gold Futures for December delivery was up 0.19% or 3.75 to $1929.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 3.30% or 1.34 to hit $39.26 a barrel, while the December Brent oil contract fell 3.01% or 1.29 to trade at $41.56 a barrel.

EUR/USD was down 0.12% to 1.1810, while EUR/GBP fell 0.18% to 0.9040.

The US Dollar Index Futures was up 0.02% at 93.082.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.