Germany stocks higher at close of trade; DAX up 0.76%

Germany stocks higher at close of trade; DAX up 0.76%

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

At the close in Frankfurt, the DAX rose 0.76%, while the MDAX index gained 0.62%, and the TecDAX index climbed 1.00%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 2.62% or 0.63 points to trade at 24.90 at the close. Meanwhile, Puma SE (ETR:PUMG) added 2.48% or 1.38 points to end at 57.06 and Sartorius AG VZO O.N. (ETR:SATG_p) was up 2.44% or 9.00 points to 378.60 in late trade.

The worst performers of the session were Fresenius SE&Co KGAA O.N. (ETR:FREG), which fell 2.22% or 0.53 points to trade at 23.37 at the close. Deutsche Post AG NA O.N. (ETR:DPWGn) declined 1.89% or 0.63 points to end at 32.49 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was down 1.81% or 0.16 points to 8.82.

The top performers on the MDAX were Rheinmetall AG (ETR:RHMG) which rose 9.34% to 164.45, Scout24 AG (ETR:G24n) which was up 3.99% to settle at 56.82 and Aixtron SE (ETR:AIXGn) which gained 3.86% to close at 25.55.

The worst performers were RTL Group SA (ETR:RRTL) which was down 3.71% to 33.20 in late trade, Deutsche Lufthansa AG (ETR:LHAG) which lost 3.13% to settle at 5.92 and HelloFresh SE (ETR:HFGG) which was down 3.03% to 23.98 at the close.

The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 10.66% to 22.00, Aixtron SE (ETR:AIXGn) which was up 3.86% to settle at 25.55 and ADTRAN Holdingsa Inc (ETR:QH9) which gained 3.78% to close at 19.20.

The worst performers were United Internet AG NA (ETR:UTDI) which was down 1.93% to 20.82 in late trade, Freenet AG NA (ETR:FNTGn) which lost 1.44% to settle at 21.20 and Suse SA (ETR:SUSEG) which was down 1.30% to 18.23 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 385 to 288 and 85 ended unchanged.

Shares in Fresenius SE&Co KGAA O.N. (ETR:FREG) fell to 5-year lows; falling 2.22% or 0.53 to 23.37. Shares in Deutsche Post AG NA O.N. (ETR:DPWGn) fell to 52-week lows; falling 1.89% or 0.63 to 32.49. Shares in RTL Group SA (ETR:RRTL) fell to 52-week lows; down 3.71% or 1.28 to 33.20. Shares in United Internet AG NA (ETR:UTDI) fell to 5-year lows; losing 1.93% or 0.41 to 20.82.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.65% to 28.06.

Gold Futures for December delivery was up 0.18% or 2.95 to $1,674.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.33% or 0.28 to hit $83.66 a barrel, while the November Brent oil contract fell 0.21% or 0.19 to trade at $90.43 a barrel.

EUR/USD was down 0.99% to 0.99, while EUR/GBP unchanged 0.34% to 0.87.

The US Dollar Index Futures was up 0.79% at 110.81.

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