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Germany stocks higher at close of trade; DAX up 0.33%

Published 05/13/2021, 12:15 PM
Updated 05/13/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.33%

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

At the close in Frankfurt, the DAX gained 0.33%, while the MDAX index added 0.18%, and the TecDAX index added 0.68%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 2.50% or 0.765 points to trade at 31.420 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 1.62% or 2.20 points to end at 137.85 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 1.58% or 1.040 points to 66.780 in late trade.

The worst performers of the session were Bayerische Motoren Werke AG (DE:BMWG), which fell 2.74% or 2.310 points to trade at 81.970 at the close. Siemens Energy AG (DE:ENR1n) declined 1.26% or 0.31 points to end at 24.26 and Continental AG O.N. (DE:CONG) was down 1.21% or 1.37 points to 111.98.

The top performers on the MDAX were HelloFresh SE (DE:HFGG) which rose 4.10% to 65.98, Encavis AG (DE:ECVG) which was up 3.37% to settle at 14.730 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 2.83% to close at 2.546.

The worst performers were K&S AG (DE:SDFGn) which was down 6.29% to 10.072 in late trade, Thyssenkrupp AG O.N. (DE:TKAG) which lost 5.01% to settle at 9.632 and Cancom SE O.N. (DE:COKG) which was down 3.16% to 47.210 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 2.83% to 2.546, Sartorius AG VZO O.N. (DE:SATG_p) which was up 2.24% to settle at 410.200 and United Internet AG NA (DE:UTDI) which gained 2.22% to close at 34.490.

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The worst performers were Cancom SE O.N. (DE:COKG) which was down 3.16% to 47.210 in late trade, TeamViewer AG (DE:TMV) which lost 2.83% to settle at 30.51 and Varta AG (DE:VAR1) which was down 2.18% to 112.400 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 367 to 307 and 81 ended unchanged.

Shares in TeamViewer AG (DE:TMV) fell to 52-week lows; down 2.83% or 0.89 to 30.51.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.79% to 24.39 a new 1-month high.

Gold Futures for June delivery was up 0.15% or 2.75 to $1825.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 3.25% or 2.15 to hit $63.93 a barrel, while the July Brent oil contract fell 2.91% or 2.02 to trade at $67.30 a barrel.

EUR/USD was up 0.07% to 1.2078, while EUR/GBP rose 0.19% to 0.8604.

The US Dollar Index Futures was up 0.05% at 90.730.

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