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Germany stocks higher at close of trade; DAX up 0.23%

Published 09/16/2021, 12:15 PM
Updated 09/16/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.23%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Transportation & Logistics, Industrials and Software sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.23%, while the MDAX index added 0.31%, and the TecDAX index added 0.22%.

The best performers of the session on the DAX were Siemens AG Class N (DE:SIEGn), which rose 2.21% or 3.24 points to trade at 150.04 at the close. Meanwhile, Deutsche Post AG NA O.N. (DE:DPWGn) added 1.68% or 1.005 points to end at 60.895 and Siemens Energy AG (DE:ENR1n) was up 1.33% or 0.30 points to 22.80 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 15.98% or 18.08 points to trade at 95.07 at the close. Heidelbergcement AG O.N. (DE:HEIG) declined 2.35% or 1.640 points to end at 68.060 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 1.46% or 2.86 points to 193.70.

The top performers on the MDAX were K&S AG (DE:SDFGn) which rose 3.11% to 13.312, Qiagen NV (DE:QIA) which was up 2.96% to settle at 45.860 and Airbus Group SE (DE:AIRG) which gained 2.44% to close at 115.00.

The worst performers were Gerresheimer AG (DE:GXIG) which was down 4.43% to 85.150 in late trade, Aurubis AG (DE:NAFG) which lost 4.01% to settle at 67.000 and CompuGroup Medical AG O.N. (DE:COP1n) which was down 3.74% to 77.300 at the close.

The top performers on the TecDAX were LPKF Laser & Electronics (DE:LPKG) which rose 5.18% to 20.900, Qiagen NV (DE:QIA) which was up 2.96% to settle at 45.860 and Siemens Healthineers AG (DE:SHLG) which gained 1.40% to close at 57.80.

The worst performers were CompuGroup Medical AG O.N. (DE:COP1n) which was down 3.74% to 77.300 in late trade, SMA Solar Technology AG (DE:S92G) which lost 1.64% to settle at 37.260 and Morphosys AG O.N. (DE:MORG) which was down 1.61% to 40.130 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 360 to 330 and 80 ended unchanged.

Shares in Siemens AG Class N (DE:SIEGn) rose to all time highs; gaining 2.21% or 3.24 to 150.04. Shares in Deutsche Post AG NA O.N. (DE:DPWGn) rose to all time highs; gaining 1.68% or 1.005 to 60.895. Shares in K&S AG (DE:SDFGn) rose to 52-week highs; up 3.11% or 0.402 to 13.312. Shares in Morphosys AG O.N. (DE:MORG) fell to 3-years lows; down 1.61% or 0.655 to 40.130.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.61% to 22.82 a new 1-month high.

Gold Futures for December delivery was down 2.21% or 39.65 to $1755.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.39% or 0.28 to hit $72.33 a barrel, while the November Brent oil contract fell 0.20% or 0.15 to trade at $75.31 a barrel.

EUR/USD was down 0.44% to 1.1762, while EUR/GBP fell 0.08% to 0.8530.

The US Dollar Index Futures was up 0.35% at 92.862.

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