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Germany stocks higher at close of trade; DAX up 0.88%

Published 06/29/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.88%
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Technology, Retail and Consumer & Cyclical sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.88%, while the MDAX index gained 0.06%, and the TecDAX index added 0.65%.

The best performers of the session on the DAX were Siemens Energy AG (DE:ENR1n), which rose 3.59% or 0.91 points to trade at 26.26 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 3.52% or 1.175 points to end at 34.525 and Delivery Hero AG (DE:DHER) was up 3.49% or 3.85 points to 114.25 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (DE:FMEG), which fell 0.84% or 0.590 points to trade at 69.630 at the close. Vonovia SE (DE:VNAn) declined 0.76% or 0.42 points to end at 54.52 and E.ON SE (DE:EONGn) was down 0.42% or 0.042 points to 9.893.

The top performers on the MDAX were Nordex SE O.N. (DE:NDXG) which rose 4.87% to 20.660, Hella KGaA Hueck & Co (DE:HLE) which was up 3.99% to settle at 58.96 and Encavis AG (DE:ECVG) which gained 3.58% to close at 16.470.

The worst performers were Knorr-Bremse AG (DE:KBX) which was down 12.23% to 99.18 in late trade, Varta AG (DE:VAR1) which lost 7.60% to settle at 133.750 and CTS Eventim AG (DE:EVDG) which was down 2.93% to 53.680 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 4.87% to 20.660, SMA Solar Technology AG (DE:S92G) which was up 4.15% to settle at 48.740 and Infineon Technologies AG NA O.N. (DE:IFXGn) which gained 3.52% to close at 34.525.

The worst performers were Varta AG (DE:VAR1) which was down 7.60% to 133.750 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 1.34% to settle at 81.100 and Software AG (DE:SOWGn) which was down 1.27% to 38.050 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 414 to 254 and 86 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.53% to 17.22.

Gold Futures for August delivery was down 1.02% or 18.25 to $1762.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.51% or 0.37 to hit $73.28 a barrel, while the September Brent oil contract rose 0.49% or 0.36 to trade at $74.50 a barrel.

EUR/USD was down 0.15% to 1.1906, while EUR/GBP rose 0.13% to 0.8598.

The US Dollar Index Futures was up 0.14% at 92.007.

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