Investing.com – Germany stocks were higher after the close on Friday, as gains in the Telecoms, Chemicals and Insurance sectors led shares higher.
At the close in Frankfurt, the DAX gained 2.90%, while the MDAX index climbed 2.15%, and the TecDAX index climbed 3.47%.
The best performers of the session on the DAX were Deutsche Telekom AG Na (XETRA:DTEGn), which rose 5.04% or 0.785 points to trade at 16.375 at the close. Meanwhile, Bayer AG NA (XETRA:BAYGN) added 4.28% or 5.450 points to end at 132.750 and Deutsche Bank AG NA O.N. (XETRA:DBKGn) was up 4.09% or 1.120 points to 28.530 in late trade.
The worst performers of the session were Volkswagen AG VZO O.N. (XETRA:VOWG_p), which rose 1.03% or 2.100 points to trade at 205.800 at the close. Bay.Motoren Werke AG ST (XETRA:BMWG) added 1.29% or 1.210 points to end at 95.200 and Merck KGAA O.N. (XETRA:MRCG) was up 1.31% or 1.210 points to 93.410.
The top performers on the MDAX were Kuka AG (XETRA:KU2G) which rose 4.72% to 79.670, Tui AG NA (XETRA:TUIGn) which was up 3.64% to settle at 14.940 and Rheinmetall AG (XETRA:RHMG) which gained 3.55% to close at 47.280.
The worst performers were Fielmann AG O.N. (XETRA:FIEG) which was down 0.20% to 60.920 in late trade, Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which gained 0.16% to settle at 16.040 and Sky Deutschland AG NA (XETRA:SKYDn) which was up 0.22% to 6.749 at the close.
The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 24.30% to 24.780, Nemetschek AG O.N. (XETRA:NEKG) which was up 7.67% to settle at 32.910 and United Internet AG NA (XETRA:UTDI) which gained 6.41% to close at 42.000.
The worst performers were Aixtron SE NA O.N. (XETRA:AIXGn) which was down 1.34% to 5.393 in late trade, Kontron AG O.N. (XETRA:KBCG) which lost 0.12% to settle at 3.473 and PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was up 0.63% to 11.110 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 588 to 161 and 35 ended unchanged.
Shares in Kuka AG (XETRA:KU2G) rose to all time highs; gaining 4.72% or 3.590 to 79.670. Shares in Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) rose to 52-week highs; gaining 0.16% or 0.025 to 16.040. Shares in Aixtron SE NA O.N. (XETRA:AIXGn) fell to 5-year lows; falling 1.34% or 0.073 to 5.393. Shares in Nemetschek AG O.N. (XETRA:NEKG) rose to 52-week highs; gaining 7.67% or 2.345 to 32.910.
The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 26.64.
Gold for August delivery was up 0.37% or 4.30 to $1163.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.23% or 0.12 to hit $52.66 a barrel, while the August Brent oil contract fell 0.06% or 0.04 to trade at $58.58 a barrel.
EUR/USD was up 1.15% to 1.1164, while EUR/GBP rose 0.36% to 0.7202.
The US Dollar Index was down 0.72% at 95.97.