Investing.com – Germany stocks were higher after the close on Friday, as gains in the Food & Beverage, Technology and Software sectors led shares higher.
At the close in Frankfurt, the DAX rose 0.87% to hit a new all time high, while the MDAX index gained 0.85%, and the TecDAX index added 0.82%.
The best performers of the session on the DAX were Commerzbank AG O.N. (XETRA:CBKG), which rose 4.92% or 0.590 points to trade at 12.585 at the close. Meanwhile, Volkswagen AG VZO O.N. (XETRA:VOWG_p) added 2.63% or 6.350 points to end at 247.750 and Continental AG O.N. (XETRA:CONG) was up 2.61% or 5.750 points to 225.650 in late trade.
The worst performers of the session were E.ON SE NA (XETRA:EONGn), which fell 1.67% or 0.230 points to trade at 13.535 at the close. RWE AG ST O.N. (XETRA:RWEG) declined 1.11% or 0.265 points to end at 23.555 and K & S AG NA O.N. (XETRA:SDFGN) was down 1.11% or 0.355 points to 31.515.
The top performers on the MDAX were Kuka AG (XETRA:KU2G) which rose 3.39% to 74.630, Airbus Group (XETRA:AIRG) which was up 2.60% to settle at 63.620 and GEA Group AG (XETRA:G1AG) which gained 2.16% to close at 44.695.
The worst performers were Bilfinger SE O.N. (XETRA:GBFG) which was down 1.57% to 52.530 in late trade, Salzgitter AG O.N. (XETRA:SZGG) which lost 1.43% to settle at 26.860 and Kion Group AG (XETRA:KGX) which was down 1.20% to 39.03 at the close.
The top performers on the TecDAX were Nemetschek AG O.N. (XETRA:NEKG) which rose 2.96% to 127.000, QSC AG NA O.N. (XETRA:QSCG) which was up 2.78% to settle at 1.922 and BB Biotech AG (XETRA:BIONn) which gained 2.44% to close at 327.800.
The worst performers were PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 1.19% to 12.890 in late trade, Cancom SE O.N. (XETRA:COKG) which lost 0.98% to settle at 36.745 and Nordex SE O.N. (XETRA:NDXG) which was down 0.80% to 19.280 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 450 to 276 and 38 ended unchanged.
Shares in Volkswagen AG VZO O.N. (XETRA:VOWG_p) rose to all time highs; rising 2.63% or 6.350 to 247.750. Shares in Continental AG O.N. (XETRA:CONG) rose to all time highs; gaining 2.61% or 5.750 to 225.650. Shares in Kuka AG (XETRA:KU2G) rose to all time highs; rising 3.39% or 2.450 to 74.630. Shares in Airbus Group (XETRA:AIRG) rose to all time highs; gaining 2.60% or 1.612 to 63.620. Shares in GEA Group AG (XETRA:G1AG) rose to all time highs; up 2.16% or 0.945 to 44.695. Shares in Nemetschek AG O.N. (XETRA:NEKG) rose to all time highs; up 2.96% or 3.650 to 127.000. Shares in BB Biotech AG (XETRA:BIONn) rose to all time highs; rising 2.44% or 7.800 to 327.800.
The DAX volatility index, which measures the implied volatility of DAX options, was down 0.23% to 17.01.
Gold for April delivery was up 0.10% or 1.20 to $1153.10 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 3.72% or 1.75 to hit $45.30 a barrel, while the April Brent Oil contract fell 2.22% or 1.26 to trade at $55.81 a barrel.
EUR/USD was down 1.29% to 1.0498, while EUR/GBP fell 0.26% to 0.7128.
The US Dollar Index was up 1.04% at 100.15.