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Germany stocks higher at close of trade; DAX up 1.08%

Published 03/03/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.08%
DE40
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BAYGN
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LHAG
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DBKGn
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DHLn
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TKAG
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WDIG
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MTXGn
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QIA
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UTDI
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CXPDX
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CXPRX
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CXPUX
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MDAXI
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TECDAX
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V1XI
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KTN
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PSMGn
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DUEG
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O2Dn
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B4B
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TMV
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Utilities and Media sectors led shares higher.

At the close in Frankfurt, the DAX added 1.08%, while the MDAX index climbed 2.17%, and the TecDAX index climbed 2.98%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 8.62% or 0.945 points to trade at 11.905 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 4.25% or 4.950 points to end at 121.550 and MTU Aero Engines NA O.N. (DE:MTXGn) was up 4.06% or 8.50 points to 217.90 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 2.99% or 0.226 points to trade at 7.341 at the close. Bayer AG NA (DE:BAYGN) declined 1.41% or 0.92 points to end at 64.20 and Deutsche Post AG NA O.N. (DE:DPWGn) was down 1.32% or 0.350 points to 26.250.

The top performers on the MDAX were Metro Wholesale & Food Specialist AG (DE:B4B) which rose 19.20% to 12.4150, Qiagen NV (DE:QIA) which was up 16.68% to settle at 37.105 and Duerr AG (DE:DUEG) which gained 5.07% to close at 26.520.

The worst performers were Thyssenkrupp AG O.N. (DE:TKAG) which was down 4.37% to 8.150 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 2.73% to settle at 10.6850 and TeamViewer AG (DE:TMV) which was down 2.10% to 34.94 at the close.

The top performers on the TecDAX were Qiagen NV (DE:QIA) which rose 16.68% to 37.105, S&T AG (DE:SANT1) which was up 4.46% to settle at 20.86 and Wirecard AG (DE:WDIG) which gained 4.25% to close at 121.550.

The worst performers were TeamViewer AG (DE:TMV) which was down 2.10% to 34.94 in late trade, United Internet AG NA (DE:UTDI) which lost 1.86% to settle at 27.400 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 1.56% to 2.334 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 533 to 173 and 40 ended unchanged.

Shares in Deutsche Post AG NA O.N. (DE:DPWGn) fell to 52-week lows; losing 1.32% or 0.350 to 26.250. Shares in Thyssenkrupp AG O.N. (DE:TKAG) fell to all time lows; losing 4.37% or 0.372 to 8.150. Shares in Prosiebensat 1 Media AG (DE:PSMGn) fell to 5-year lows; losing 2.73% or 0.3000 to 10.6850.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.40% to 32.61.

Gold Futures for April delivery was up 3.20% or 51.05 to $1645.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.58% or 0.27 to hit $47.02 a barrel, while the May Brent oil contract rose 0.08% or 0.04 to trade at $51.94 a barrel.

EUR/USD was up 0.24% to 1.1159, while EUR/GBP fell 0.22% to 0.8709.

The US Dollar Index Futures was down 0.11% at 97.213.

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