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Germany stocks higher at close of trade; DAX up 0.15%

Published 05/19/2020, 01:15 PM
Updated 05/19/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.15%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Media, Basic Resources and Technology sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.15%, while the MDAX index added 0.46%, and the TecDAX index added 0.46%.

The best performers of the session on the DAX were Allianz SE VNA O.N. (DE:ALVG), which rose 2.65% or 4.06 points to trade at 157.12 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 2.45% or 0.445 points to end at 18.575 and Siemens AG Class N (DE:SIEGn) was up 1.83% or 1.67 points to 92.94 in late trade.

The worst performers of the session were Deutsche Telekom AG Na (DE:DTEGn), which fell 2.34% or 0.328 points to trade at 13.660 at the close. Beiersdorf AG O.N. (DE:BEIG) declined 1.83% or 1.750 points to end at 93.620 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was down 1.50% or 2.88 points to 188.65.

The top performers on the MDAX were Scout24 AG (DE:G24n) which rose 6.09% to 67.100, Commerzbank AG O.N. (DE:CBKG) which was up 5.17% to settle at 3.278 and Thyssenkrupp AG O.N. (DE:TKAG) which gained 5.09% to close at 5.202.

The worst performers were RTL Group SA (DE:RRTL) which was down 2.16% to 28.040 in late trade, Morphosys AG O.N. (DE:MORG) which lost 2.11% to settle at 119.625 and Gerresheimer AG (DE:GXIG) which was down 2.08% to 70.600 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 4.99% to 33.970, New Work SE (DE:NWOn) which was up 4.70% to settle at 267.50 and Carl Zeiss Meditec AG (DE:AFXG) which gained 3.18% to close at 92.500.

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The worst performers were Deutsche Telekom AG Na (DE:DTEGn) which was down 2.34% to 13.660 in late trade, Morphosys AG O.N. (DE:MORG) which lost 2.11% to settle at 119.625 and CompuGroup Medical AG O.N. (DE:COPMa) which was down 1.62% to 73.000 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 373 to 296 and 71 ended unchanged.

Shares in Scout24 AG (DE:G24n) rose to all time highs; gaining 6.09% or 3.850 to 67.100.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.33% to 33.32.

Gold Futures for June delivery was up 0.60% or 10.40 to $1744.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.16% or 0.05 to hit $31.60 a barrel, while the July Brent oil contract fell 0.72% or 0.25 to trade at $34.56 a barrel.

EUR/USD was up 0.19% to 1.0933, while EUR/GBP fell 0.23% to 0.8925.

The US Dollar Index Futures was down 0.17% at 99.513.

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