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Germany stocks higher at close of trade; DAX up 2.07%

Published 09/02/2020, 01:15 PM
©  Reuters Germany stocks higher at close of trade; DAX up 2.07%
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ADSGN
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Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Telecoms, Consumer & Cyclical and Chemicals sectors led shares higher.

At the close in Frankfurt, the DAX rose 2.07% to hit a new 6-months high, while the MDAX index climbed 1.35%, and the TecDAX index climbed 1.88%.

The best performers of the session on the DAX were Deutsche Telekom AG Na (DE:DTEGn), which rose 4.89% or 0.717 points to trade at 15.367 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 4.89% or 12.40 points to end at 266.20 and MTU Aero Engines NA O.N. (DE:MTXGn) was up 3.78% or 5.85 points to 160.50 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 0.80% or 0.064 points to trade at 7.897 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) added 0.18% or 0.25 points to end at 140.48 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 0.18% or 0.070 points to 38.425.

The top performers on the MDAX were CompuGroup Medical AG O.N. (DE:COP1n) which rose 6.78% to 80.350, Siltronic AG (DE:WAFGn) which was up 4.73% to settle at 82.360 and Hella KGaA Hueck & Co (DE:HLE) which gained 4.59% to close at 42.82.

The worst performers were HelloFresh SE (DE:HFGG) which was down 2.91% to 42.68 in late trade, Commerzbank AG O.N. (DE:CBKG) which lost 2.43% to settle at 4.746 and TeamViewer AG (DE:TMV) which was down 2.22% to 44.05 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE:COP1n) which rose 6.78% to 80.350, Deutsche Telekom AG Na (DE:DTEGn) which was up 4.89% to settle at 15.367 and Siltronic AG (DE:WAFGn) which gained 4.73% to close at 82.360.

The worst performers were New Work SE (DE:NWOn) which was down 3.03% to 240.00 in late trade, TeamViewer AG (DE:TMV) which lost 2.22% to settle at 44.05 and Jenoptik AG (DE:JENGn) which was down 0.18% to 22.260 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 458 to 214 and 71 ended unchanged.

Shares in CompuGroup Medical AG O.N. (DE:COP1n) rose to all time highs; up 6.78% or 5.100 to 80.350. Shares in CompuGroup Medical AG O.N. (DE:COP1n) rose to all time highs; up 6.78% or 5.100 to 80.350.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.49% to 27.37.

Gold Futures for December delivery was down 1.82% or 36.10 to $1942.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.43% or 1.04 to hit $41.72 a barrel, while the November Brent oil contract fell 2.04% or 0.93 to trade at $44.65 a barrel.

EUR/USD was down 0.56% to 1.1844, while EUR/GBP fell 0.12% to 0.8887.

The US Dollar Index Futures was up 0.43% at 92.733.

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