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Germany stocks higher at close of trade; DAX up 1.22%

Published 03/31/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.22%
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LHAG
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AIR
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DTEGn
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MRCG
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WDIG
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BEIG
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SOWGn
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NDXG
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SDFGn
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HEIG
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BOSSn
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CXPDX
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CXPOX
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CXPRX
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V1XI
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COP1n
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NEKG
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Construction, Retail and Media sectors led shares higher.

At the close in Frankfurt, the DAX added 1.22%, while the MDAX index climbed 1.89%, and the TecDAX index gained 1.01%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 4.80% or 1.775 points to trade at 38.785 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 4.37% or 3.91 points to end at 93.39 and Wirecard AG (DE:WDIG) was up 4.18% or 4.160 points to 103.700 in late trade.

The worst performers of the session were Beiersdorf AG O.N. (DE:BEIG), which fell 1.74% or 1.630 points to trade at 92.040 at the close. Deutsche Telekom AG Na (DE:DTEGn) declined 1.50% or 0.180 points to end at 11.825 and Deutsche Lufthansa AG (DE:LHAG) was down 1.38% or 0.120 points to 8.562.

The top performers on the MDAX were Metro Wholesale & Food Specialist AG (DE:B4B) which rose 9.92% to 7.8680, Prosiebensat 1 Media AG (DE:PSMGn) which was up 8.69% to settle at 7.2300 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 8.50% to close at 23.110.

The worst performers were Varta AG (DE:VAR1) which was down 5.60% to 65.700 in late trade, Airbus Group SE (DE:AIRG) which lost 2.38% to settle at 59.55 and K+S AG NA O.N. (DE:SDFGn) which was down 1.96% to 5.308 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 5.74% to 45.280, CompuGroup Medical AG O.N. (DE:COPMa) which was up 5.47% to settle at 55.950 and Software AG (DE:SOWGn) which gained 4.75% to close at 27.445.

The worst performers were Varta AG (DE:VAR1) which was down 5.60% to 65.700 in late trade, Nordex SE O.N. (DE:NDXG) which lost 2.14% to settle at 7.100 and Deutsche Telekom AG Na (DE:DTEGn) which was down 1.50% to 11.825 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 502 to 189 and 50 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 11.79% to 50.45.

Gold Futures for June delivery was down 2.51% or 41.20 to $1602.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.10% or 0.22 to hit $20.31 a barrel, while the June Brent oil contract fell 0.11% or 0.03 to trade at $26.39 a barrel.

EUR/USD was down 0.63% to 1.0976, while EUR/GBP fell 0.37% to 0.8862.

The US Dollar Index Futures was up 0.24% at 99.515.

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