Germany stocks higher at close of trade; DAX up 0.69%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Insurance, Food&Beverages and Pharmaceuticals&Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX added 0.69% to hit a new all time high, while the MDAX index climbed 0.08%, and the TecDAX index gained 0.71%.

The best performers of the session on the DAX were Merck KGaA (ETR:MRCG), which rose 3.16% or 5.10 points to trade at 166.45 at the close. Meanwhile, Dr Ing hc F Porsche AG Preferred (ETR:P911_p) added 2.87% or 3.30 points to end at 118.40 and Munich Reinsurance (ETR:MUVGn) was up 2.72% or 9.00 points to 339.50 in late trade.

The worst performers of the session were Adidas AG (ETR:ADSGN), which fell 3.30% or 5.42 points to trade at 159.02 at the close. Commerzbank AG O.N. (ETR:CBKG) declined 1.35% or 0.13 points to end at 9.79 and MTU Aero Engines NA O.N. (ETR:MTXGn) was down 1.25% or 2.90 points to 229.50.

The top performers on the MDAX were Encavis AG (ETR:ECVG) which rose 4.15% to 15.93, Siltronic AG (ETR:WAFGn) which was up 3.04% to settle at 67.70 and Gerresheimer AG (ETR:GXIG) which gained 2.89% to close at 101.60.

The worst performers were Puma SE (ETR:PUMG) which was down 5.58% to 46.71 in late trade, Thyssenkrupp AG O.N. (ETR:TKAG) which lost 2.47% to settle at 6.86 and Delivery Hero AG (ETR:DHER) which was down 2.39% to 39.56 at the close.

The top performers on the TecDAX were Siltronic AG (ETR:WAFGn) which rose 3.04% to 67.70, Morphosys AG O.N. (ETR:MORG) which was up 2.51% to settle at 22.86 and Nemetschek AG O.N. (ETR:NEKG) which gained 2.46% to close at 71.72.

The worst performers were Telefonica Deutschland Holding AG (ETR:O2Dn) which was down 1.11% to 2.76 in late trade, Hensoldt Ag (ETR:HAGG) which lost 0.86% to settle at 32.10 and Nagarro SE (ETR:NA9n) which was down 0.84% to 83.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 367 to 293 and 88 ended unchanged.

Shares in Gerresheimer AG (ETR:GXIG) rose to all time highs; gaining 2.89% or 2.85 to 101.60.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.16% to 15.92 a new 52-week low.

Gold Futures for June delivery was up 1.01% or 19.85 to $1,979.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.58% or 0.42 to hit $71.44 a barrel, while the July Brent oil contract fell 0.37% or 0.28 to trade at $75.58 a barrel.

EUR/USD was unchanged 0.46% to 1.08, while EUR/GBP unchanged 0.00% to 0.87.

The US Dollar Index Futures was down 0.47% at 102.97.