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Germany stocks higher at close of trade; DAX up 3.13%

Published 04/27/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 3.13%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Construction, Pharmaceuticals & Healthcare and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX added 3.13%, while the MDAX index climbed 1.54%, and the TecDAX index climbed 1.58%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 12.09% or 0.659 points to trade at 6.110 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 9.54% or 0.685 points to end at 7.865 and Continental AG O.N. (DE:CONG) was up 5.59% or 3.90 points to 73.65 in late trade.

The worst performers of the session were Vonovia SE (DE:VNAn), which fell 0.27% or 0.12 points to trade at 44.49 at the close. Beiersdorf AG O.N. (DE:BEIG) declined 0.15% or 0.140 points to end at 94.370 and Wirecard AG (DE:WDIG) was down 0.05% or 0.070 points to 132.580.

The top performers on the MDAX were Kion Group AG (DE:KGX) which rose 8.12% to 47.29, Hochtief AG (DE:HOTG) which was up 7.04% to settle at 71.50 and Prosiebensat 1 Media AG (DE:PSMGn) which gained 6.86% to close at 8.1640.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 5.28% to 21.720 in late trade, Uniper SE (DE:UN01) which lost 3.22% to settle at 23.420 and Airbus Group SE (DE:AIRG) which was down 2.43% to 51.07 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 4.35% to 93.360, Nordex SE O.N. (DE:NDXG) which was up 4.30% to settle at 7.275 and Nemetschek AG O.N. (DE:NEKG) which gained 3.80% to close at 54.700.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 5.28% to 21.720 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 1.07% to settle at 92.100 and Dialog Semiconductor (DE:DLGS) which was down 0.57% to 26.965 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 533 to 141 and 67 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 11.56% to 37.41 a new 1-month low.

Gold Futures for June delivery was down 0.66% or 11.45 to $1724.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 25.80% or 4.37 to hit $12.57 a barrel, while the July Brent oil contract fell 8.22% or 2.04 to trade at $22.77 a barrel.

EUR/USD was up 0.05% to 1.0825, while EUR/GBP fell 0.32% to 0.8724.

The US Dollar Index Futures was down 0.27% at 100.160.

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