🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Germany stocks higher at close of trade; DAX up 0.77%

Published 04/28/2023, 01:15 PM
© Reuters Germany stocks higher at close of trade; DAX up 0.77%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Chemicals, Financial Services and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.77% to hit a new 52-week high, while the MDAX index climbed 0.89%, and the TecDAX index climbed 0.52%.

The best performers of the session on the DAX were Covestro AG (ETR:1COV), which rose 8.45% or 3.10 points to trade at 39.79 at the close. Meanwhile, Deutsche Boerse AG (ETR:DB1Gn) added 2.31% or 3.90 points to end at 172.90 and Hannover Rueck SE (ETR:HNRGn) was up 2.03% or 3.85 points to 193.60 in late trade.

The worst performers of the session were Commerzbank AG O.N. (ETR:CBKG), which fell 3.96% or 0.41 points to trade at 10.06 at the close. BASF SE NA O.N. (ETR:BASFN) declined 2.39% or 1.14 points to end at 46.85 and Deutsche Telekom AG Na (ETR:DTEGn) was down 1.71% or 0.38 points to 21.88.

The top performers on the MDAX were Gerresheimer AG (ETR:GXIG) which rose 3.84% to 98.70, Lanxess AG (ETR:LXSG) which was up 3.83% to settle at 36.86 and Kion Group AG (ETR:KGX) which gained 3.66% to close at 37.42.

The worst performers were Prosiebensat 1 Media AG (ETR:PSMGn) which was down 16.85% to 8.12 in late trade, HelloFresh SE (ETR:HFGG) which lost 5.72% to settle at 24.23 and Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) which was down 3.66% to 35.80 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (ETR:NEKG) which rose 3.16% to 70.58, Cancom SE O.N. (ETR:COKG) which was up 2.13% to settle at 32.56 and Suse SA (ETR:SUSEG) which gained 2.09% to close at 17.10.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 3.65% to 97.80 in late trade, Verbio Vereinigte Bioenergie AG (ETR:VBKG) which lost 3.46% to settle at 33.74 and Deutsche Telekom AG Na (ETR:DTEGn) which was down 1.71% to 21.88 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 466 to 197 and 84 ended unchanged.

Shares in Hannover Rueck SE (ETR:HNRGn) rose to all time highs; rising 2.03% or 3.85 to 193.60. Shares in Gerresheimer AG (ETR:GXIG) rose to 52-week highs; rising 3.84% or 3.65 to 98.70. Shares in Verbio Vereinigte Bioenergie AG (ETR:VBKG) fell to 52-week lows; losing 3.46% or 1.21 to 33.74.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.58% to 17.37.

Gold Futures for June delivery was up 0.04% or 0.75 to $1,999.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.26% or 1.69 to hit $76.45 a barrel, while the July Brent oil contract rose 2.38% or 1.86 to trade at $80.08 a barrel.

EUR/USD was unchanged 0.00% to 1.10, while EUR/GBP fell 0.57% to 0.88.

The US Dollar Index Futures was up 0.08% at 101.33.

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.