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

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

At the close in Frankfurt, the DAX gained 1.26%, while the MDAX index added 2.14%, and the TecDAX index added 1.91%.

The best performers of the session on the DAX were Adidas AG (ETR:ADSGN), which rose 5.86% or 8.58 points to trade at 155.00 at the close. Meanwhile, Infineon Technologies AG NA O.N. (ETR:IFXGn) added 5.46% or 1.96 points to end at 37.84 and Zalando SE (ETR:ZALG) was up 5.33% or 1.91 points to 37.73 in late trade.

The worst performers of the session were Deutsche Boerse AG (ETR:DB1Gn), which fell 1.79% or 3.25 points to trade at 177.95 at the close. Symrise AG Inh. O.N. (ETR:SY1G) declined 0.83% or 0.82 points to end at 98.56 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was down 0.68% or 0.80 points to 117.00.

The top performers on the MDAX were HelloFresh SE (ETR:HFGG) which rose 11.76% to 20.95, Aroundtown Property Holdings PLC (ETR:AT1) which was up 8.68% to settle at 1.48 and Tag Immobilien AG (ETR:TEGG) which gained 7.13% to close at 6.31.

The worst performers were United Internet AG NA (ETR:UTDI) which was down 3.68% to 15.72 in late trade, Gerresheimer AG (ETR:GXIG) which lost 1.59% to settle at 89.55 and Hensoldt Ag (ETR:HAGG) which was down 0.75% to 33.25 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 22.62% to 96.50, Nordex SE O.N. (ETR:NDXG) which was up 5.99% to settle at 13.54 and Infineon Technologies AG NA O.N. (ETR:IFXGn) which gained 5.46% to close at 37.84.

The worst performers were Eckert&Ziegler AG O.N. (ETR:EUZG) which was down 15.31% to 43.66 in late trade, Cancom SE O.N. (ETR:COKG) which lost 4.06% to settle at 30.22 and United Internet AG NA (ETR:UTDI) which was down 3.68% to 15.72 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 468 to 202 and 79 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (ETR:IFXGn) rose to 52-week highs; up 5.46% or 1.96 to 37.84. Shares in United Internet AG NA (ETR:UTDI) fell to 5-year lows; falling 3.68% or 0.60 to 15.72. Shares in SMA Solar Technology AG (ETR:S92G) rose to 5-year highs; up 22.62% or 17.80 to 96.50. Shares in Infineon Technologies AG NA O.N. (ETR:IFXGn) rose to 52-week highs; rising 5.46% or 1.96 to 37.84. Shares in United Internet AG NA (ETR:UTDI) fell to 5-year lows; down 3.68% or 0.60 to 15.72.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.89% to 19.12.

Gold Futures for June delivery was up 0.72% or 14.20 to $1,998.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.63% or 1.19 to hit $74.16 a barrel, while the June Brent oil contract rose 1.21% or 0.94 to trade at $78.53 a barrel.

EUR/USD was up 0.53% to 1.09, while EUR/GBP unchanged 0.01% to 0.88.

The US Dollar Index Futures was down 0.43% at 101.86.