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Germany stocks higher at close of trade; DAX up 0.86%

Published 01/03/2022, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.86%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Retail, Media and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.86% to hit a new 1-month high, while the MDAX index added 1.04%, and the TecDAX index added 0.17%.

The best performers of the session on the DAX were Porsche Automobil Holding SE (DE:PSHG_p), which rose 4.31% or 3.600 points to trade at 87.040 at the close. Meanwhile, Airbus Group SE (DE:AIRG) added 4.06% or 4.54 points to end at 116.26 and MTU Aero Engines NA O.N. (DE:MTXGn) was up 4.01% or 7.20 points to 186.60 in late trade.

The worst performers of the session were Qiagen NV (DE:QIA), which fell 2.04% or 1.000 points to trade at 47.990 at the close. Merck KGaA (DE:MRCG) declined 1.81% or 4.10 points to end at 222.90 and Linde PLC (DE:LINI) was down 1.41% or 4.300 points to 301.700.

The top performers on the MDAX were Deutsche Lufthansa AG (DE:LHAG) which rose 8.87% to 6.728, AUTO1 Group SE (DE:AG1G) which was up 8.54% to settle at 21.10 and TeamViewer AG (DE:TMV) which gained 6.81% to close at 12.62.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 4.57% to 107.650 in late trade, Evotec AG O.N. (DE:EVTG) which lost 1.98% to settle at 41.660 and Uniper SE (DE:UN01) which was down 1.76% to 41.405 at the close.

The top performers on the TecDAX were TeamViewer AG (DE:TMV) which rose 6.81% to 12.62, S&T AG (DE:SANT1) which was up 6.55% to settle at 15.62 and Suse SA (DE:SUSEG) which gained 5.47% to close at 42.40.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 4.57% to 107.650 in late trade, Qiagen NV (DE:QIA) which lost 2.04% to settle at 47.990 and Evotec AG O.N. (DE:EVTG) which was down 1.98% to 41.660 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 480 to 232 and 43 ended unchanged.

Shares in Suse SA (DE:SUSEG) rose to all time highs; rising 5.47% or 2.20 to 42.40.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.98% to 17.35.

Gold Futures for February delivery was down 1.57% or 28.75 to $1799.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.26% or 0.95 to hit $76.16 a barrel, while the March Brent oil contract rose 1.57% or 1.22 to trade at $79.00 a barrel.

EUR/USD was down 0.70% to 1.1288, while EUR/GBP fell 0.29% to 0.8375.

The US Dollar Index Futures was up 0.71% at 96.273.

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