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Germany stocks higher at close of trade; DAX up 3.78%

Published 10/04/2022, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 3.78%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Technology and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX gained 3.78%, while the MDAX index gained 3.65%, and the TecDAX index climbed 4.23%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 8.28% or 1.69 points to trade at 22.09 at the close. Meanwhile, Sartorius AG VZO O.N. (ETR:SATG_p) added 7.68% or 28.90 points to end at 405.30 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was up 7.04% or 1.63 points to 24.72 in late trade.

The worst performers of the session were Vonovia SE (ETR:VNAn), which rose 0.04% or 0.01 points to trade at 22.74 at the close. Deutsche Boerse AG (ETR:DB1Gn) added 1.21% or 2.05 points to end at 171.50 and Bayer AG NA (ETR:BAYGN) was up 1.44% or 0.69 points to 48.65.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 9.38% to 4.99, Delivery Hero AG (ETR:DHER) which was up 8.29% to settle at 40.50 and Duerr AG (ETR:DUEG) which gained 8.15% to close at 23.36.

The worst performers were Rheinmetall AG (ETR:RHMG) which was down 4.46% to 154.30 in late trade, Prosiebensat 1 Media AG (ETR:PSMGn) which lost 1.45% to settle at 7.35 and Varta AG (ETR:VAR1) which was down 1.23% to 32.12 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 7.68% to 405.30, Infineon Technologies AG NA O.N. (ETR:IFXGn) which was up 7.04% to settle at 24.72 and Nordex SE O.N. (ETR:NDXG) which gained 6.90% to close at 8.92.

The worst performers were Varta AG (ETR:VAR1) which was down 1.23% to 32.12 in late trade, Telefonica Deutschland Holding AG (ETR:O2Dn) which gained 0.42% to settle at 2.15 and Vantage Towers AG (ETR:VTWRn) which was up 0.81% to 27.32 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 582 to 116 and 54 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.71% to 29.35.

Gold Futures for December delivery was up 1.61% or 27.35 to $1,729.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 3.20% or 2.68 to hit $86.31 a barrel, while the December Brent oil contract rose 3.03% or 2.69 to trade at $91.55 a barrel.

EUR/USD was up 1.44% to 1.00, while EUR/GBP unchanged 0.47% to 0.87.

The US Dollar Index Futures was down 1.17% at 110.35.

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