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Germany stocks higher at close of trade; DAX up 1.26%

Published 06/30/2023, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.26%

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

At the close in Frankfurt, the DAX gained 1.26%, while the MDAX index added 1.53%, and the TecDAX index gained 1.86%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 4.41% or 13.40 points to trade at 317.10 at the close. Meanwhile, Infineon Technologies AG NA O.N. (ETR:IFXGn) added 3.14% or 1.15 points to end at 37.78 and Siemens Energy AG (ETR:ENR1n) was up 3.06% or 0.48 points to 16.18 in late trade.

The worst performers of the session were RWE AG ST O.N. (ETR:RWEG), which rose 0.13% or 0.05 points to trade at 39.87 at the close. Deutsche Telekom AG Na (ETR:DTEGn) added 0.23% or 0.05 points to end at 19.98 and Bayer AG NA (ETR:BAYGN) was up 0.32% or 0.16 points to 50.67.

The top performers on the MDAX were Kion Group AG (ETR:KGX) which rose 6.78% to 36.86, SMA Solar Technology AG (ETR:S92G) which was up 5.57% to settle at 111.90 and Jungheinrich AG O.N.VZO (ETR:JUNG_p) which gained 4.94% to close at 33.54.

The worst performers were Prosiebensat 1 Media AG (ETR:PSMGn) which was down 1.57% to 8.54 in late trade, Fraport AG (ETR:FRAG) which lost 1.57% to settle at 48.86 and RTL Group SA (ETR:RRTL) which was down 1.13% to 36.62 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 5.57% to 111.90, Sartorius AG VZO O.N. (ETR:SATG_p) which was up 4.41% to settle at 317.10 and Nagarro SE (ETR:NA9n) which gained 3.77% to close at 79.75.

The worst performers were ADTRAN Holdingsa Inc (ETR:QH9) which was down 1.47% to 9.65 in late trade, Telefonica Deutschland Holding AG (ETR:O2Dn) which unchanged 0.15% to settle at 2.58 and Kontron AG (ETR:KTN) which was up 0.06% to 18.11 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 484 to 172 and 88 ended unchanged.

Shares in SMA Solar Technology AG (ETR:S92G) rose to all time highs; rising 5.57% or 5.90 to 111.90. Shares in SMA Solar Technology AG (ETR:S92G) rose to all time highs; up 5.57% or 5.90 to 111.90.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.98% to 13.52.

Gold Futures for August delivery was up 0.62% or 11.80 to $1,929.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.84% or 0.59 to hit $70.45 a barrel, while the September Brent oil contract rose 1.02% or 0.76 to trade at $75.27 a barrel.

EUR/USD was up 0.53% to 1.09, while EUR/GBP unchanged 0.33% to 0.86.

The US Dollar Index Futures was down 0.50% at 102.49.

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