Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Germany stocks higher at close of trade; DAX up 0.69%

Published 06/25/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.69%
DE40
-
BAYGN
-
LHAG
-
MBGn
-
HNKG_p
-
CBKG
-
WDIG
-
FRAG
-
NDXG
-
SY1G
-
EONGn
-
CXPIX
-
CXPRX
-
CXPYX
-
MDAXI
-
TECDAX
-
V1XI
-
RIB
-
SATG_p
-
RKET
-
WAFGn
-
GYC
-
DHER
-
SHLG
-

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Retail, Consumer & Cyclical and Insurance sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.69%, while the MDAX index added 1.39%, and the TecDAX index gained 0.05%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 7.08% or 0.634 points to trade at 9.592 at the close. Meanwhile, Daimler AG NA O.N. (DE:DAIGn) added 3.70% or 1.285 points to end at 36.040 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was up 3.30% or 2.61 points to 81.62 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 71.28% or 8.769 points to trade at 3.533 at the close. Bayer AG NA (DE:BAYGN) declined 3.01% or 2.11 points to end at 68.06 and E.ON SE NA (DE:EONGn) was down 1.61% or 0.160 points to 9.768.

The top performers on the MDAX were Delivery Hero AG (DE:DHER) which rose 4.75% to 95.64, Symrise AG Inh. O.N. (DE:SY1G) which was up 3.86% to settle at 102.525 and Commerzbank AG O.N. (DE:CBKG) which gained 3.70% to close at 3.922.

The worst performers were Grand City Properties SA (DE:GYC) which was down 4.55% to 20.56 in late trade, Rocket Internet (DE:RKET) which lost 3.54% to settle at 19.07 and Fraport AG (DE:FRAG) which was down 2.63% to 38.840 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 2.96% to 27.120, Siemens Healthineers AG (DE:SHLG) which was up 2.74% to settle at 43.15 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 2.29% to close at 303.800.

The worst performers were Wirecard AG (DE:WDIG) which was down 71.28% to 3.533 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.27% to settle at 8.735 and Siltronic AG (DE:WAFGn) which was down 2.18% to 87.760 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 394 to 277 and 67 ended unchanged.

Shares in Wirecard AG (DE:WDIG) fell to 5-year lows; falling 71.28% or 8.769 to 3.533. Shares in Delivery Hero AG (DE:DHER) rose to all time highs; rising 4.75% or 4.34 to 95.64. Shares in Symrise AG Inh. O.N. (DE:SY1G) rose to all time highs; gaining 3.86% or 3.815 to 102.525. Shares in Wirecard AG (DE:WDIG) fell to 5-year lows; falling 71.28% or 8.769 to 3.533.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.44% to 37.23.

Gold Futures for August delivery was down 0.14% or 2.55 to $1772.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.29% or 0.87 to hit $38.88 a barrel, while the August Brent oil contract rose 2.38% or 0.96 to trade at $41.27 a barrel.

EUR/USD was down 0.20% to 1.1228, while EUR/GBP fell 0.14% to 0.9044.

The US Dollar Index Futures was up 0.20% at 97.323.

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.