Germany stocks higher at close of trade; DAX up 1.20%

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

At the close in Frankfurt, the DAX gained 1.20%, while the MDAX index added 0.76%, and the TecDAX index climbed 1.31%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 4.38% or 1.45 points to trade at 34.54 at the close. Meanwhile, Continental AG O.N. (ETR:CONG) added 4.27% or 2.74 points to end at 66.98 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was up 2.70% or 3.10 points to 117.95 in late trade.

The worst performers of the session were Vonovia SE (ETR:VNAn), which fell 1.83% or 0.32 points to trade at 17.47 at the close. RWE AG ST O.N. (ETR:RWEG) declined 0.74% or 0.29 points to end at 39.01 and Deutsche Telekom AG Na (ETR:DTEGn) was down 0.47% or 0.10 points to 21.04.

The top performers on the MDAX were Siltronic AG (ETR:WAFGn) which rose 7.09% to 78.50, ADTRAN Holdingsa Inc (ETR:QH9) which was up 4.41% to settle at 8.38 and Jenoptik AG (ETR:JENGn) which gained 3.71% to close at 30.72.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 4.20% to 29.62 in late trade, Aroundtown Property Holdings PLC (ETR:AT1) which lost 1.98% to settle at 0.93 and LEG Immobilien AG (ETR:LEGn) which was down 1.53% to 49.43 at the close.

The top performers on the TecDAX were Suse SA (ETR:SUSEG) which rose 17.55% to 14.13, Siltronic AG (ETR:WAFGn) which was up 7.09% to settle at 78.50 and ADTRAN Holdingsa Inc (ETR:QH9) which gained 4.41% to close at 8.38.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 4.20% to 29.62 in late trade, Eckert&Ziegler AG O.N. (ETR:EUZG) which lost 1.31% to settle at 43.64 and United Internet AG NA (ETR:UTDI) which was down 0.85% to 14.06 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 420 to 236 and 94 ended unchanged.

Shares in Aroundtown Property Holdings PLC (ETR:AT1) fell to all time lows; falling 1.98% or 0.02 to 0.93. Shares in United Internet AG NA (ETR:UTDI) fell to 5-year lows; losing 0.85% or 0.12 to 14.06.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.63% to 17.68.

Gold Futures for June delivery was up 0.07% or 1.35 to $1,945.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.86% or 0.62 to hit $72.45 a barrel, while the July Brent oil contract rose 0.62% or 0.47 to trade at $76.73 a barrel.

EUR/USD was unchanged 0.03% to 1.07, while EUR/GBP unchanged 0.23% to 0.87.

The US Dollar Index Futures was down 0.01% at 104.16.