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Germany stocks higher at close of trade; DAX up 0.16%

Published 11/29/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.16%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Utilities, Technology and Software sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.16%, while the MDAX index climbed 0.60%, and the TecDAX index climbed 0.55%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 3.05% or 1.035 points to trade at 35.020 at the close. Meanwhile, Puma SE (DE:PUMG) added 2.50% or 2.60 points to end at 106.40 and E.ON SE (DE:EONGn) was up 2.19% or 0.235 points to 10.983 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 4.27% or 4.15 points to trade at 93.15 at the close. Heidelbergcement AG O.N. (DE:HEIG) declined 2.65% or 1.620 points to end at 59.590 and Beiersdorf AG O.N. (DE:BEIG) was down 1.80% or 1.630 points to 89.130.

The top performers on the MDAX were Nemetschek AG O.N. (DE:NEKG) which rose 3.31% to 107.550, AUTO1 Group SE (DE:AG1G) which was up 3.23% to settle at 25.60 and K&S AG (DE:SDFGn) which gained 3.15% to close at 15.060.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 3.74% to 40.960 in late trade, Tag Immobilien AG (DE:TEGG) which lost 1.63% to settle at 24.820 and Lanxess AG (DE:LXSG) which was down 1.44% to 51.155 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 3.31% to 107.550, Cancom SE O.N. (DE:COKG) which was up 3.03% to settle at 61.880 and S&T AG (DE:SANT1) which gained 2.97% to close at 19.07.

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The worst performers were Evotec AG O.N. (DE:EVTG) which was down 3.74% to 40.960 in late trade, Qiagen NV (DE:QIA) which lost 1.68% to settle at 49.425 and Deutsche Telekom AG Na (DE:DTEGn) which was down 0.79% to 16.020 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 437 to 288 and 51 ended unchanged.

Shares in Lanxess AG (DE:LXSG) fell to 52-week lows; falling 1.44% or 0.750 to 51.155.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.53% to 26.89.

Gold Futures for February delivery was down 0.10% or 1.85 to $1786.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 4.15% or 2.83 to hit $70.98 a barrel, while the February Brent oil contract rose 3.59% or 2.57 to trade at $74.16 a barrel.

EUR/USD was down 0.47% to 1.1264, while EUR/GBP fell 0.08% to 0.8474.

The US Dollar Index Futures was up 0.32% at 96.412.

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