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

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Retail, Media and Transportation&Logistics sectors led shares higher.

At the close in Frankfurt, the DAX added 0.76%, while the MDAX index climbed 1.34%, and the TecDAX index added 0.38%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 4.98% or 2.04 points to trade at 42.99 at the close. Meanwhile, Covestro AG (ETR:1COV) added 2.53% or 1.03 points to end at 41.74 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 1.94% or 0.23 points to 11.98 in late trade.

The worst performers of the session were Dr Ing hc F Porsche AG Preferred (ETR:P911_p), which fell 1.44% or 1.50 points to trade at 102.70 at the close. Continental AG O.N. (ETR:CONG) declined 1.09% or 0.68 points to end at 61.92 and Deutsche Boerse AG (ETR:DB1Gn) was down 1.08% or 1.80 points to 164.15.

The top performers on the MDAX were Kion Group AG (ETR:KGX) which rose 7.55% to 36.32, Jungheinrich AG O.N.VZO (ETR:JUNG_p) which was up 5.41% to settle at 33.52 and Knorr-Bremse AG (ETR:KBX) which gained 3.82% to close at 59.22.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 3.58% to 18.32 in late trade, ADTRAN Holdingsa Inc (ETR:QH9) which lost 3.14% to settle at 16.95 and Wacker Chemie O.N. (ETR:WCHG) which was down 1.92% to 132.50 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (ETR:MORG) which rose 4.50% to 16.95, Varta AG (ETR:VAR1) which was up 3.54% to settle at 26.32 and Nordex SE O.N. (ETR:NDXG) which gained 3.41% to close at 14.56.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 3.58% to 18.32 in late trade, ADTRAN Holdingsa Inc (ETR:QH9) which lost 3.14% to settle at 16.95 and SMA Solar Technology AG (ETR:S92G) which was down 1.21% to 77.45 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 471 to 202 and 87 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.70% to 18.67.

Gold Futures for February delivery was up 0.22% or 4.15 to $1,928.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.17% or 0.94 to hit $81.55 a barrel, while the March Brent oil contract rose 1.46% or 1.26 to trade at $87.42 a barrel.

EUR/USD was unchanged 0.17% to 1.08, while EUR/GBP unchanged 0.18% to 0.88.

The US Dollar Index Futures was up 0.03% at 101.86.