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

Published 07/28/2021, 12:15 PM
Updated 07/28/2021, 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 Wednesday, as gains in the Software, Technology and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX added 0.33%, while the MDAX index added 0.77%, and the TecDAX index added 1.05%.

The best performers of the session on the DAX were Siemens Energy AG (DE:ENR1n), which rose 3.19% or 0.72 points to trade at 23.26 at the close. Meanwhile, MTU Aero Engines NA O.N. (DE:MTXGn) added 2.58% or 5.40 points to end at 214.30 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.78% or 0.557 points to 31.892 in late trade.

The worst performers of the session were Deutsche Boerse AG (DE:DB1Gn), which fell 2.35% or 3.370 points to trade at 140.280 at the close. Covestro AG (DE:1COV) declined 1.68% or 0.940 points to end at 54.960 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 0.85% or 0.090 points to 10.515.

The top performers on the MDAX were Encavis AG (DE:ECVG) which rose 4.89% to 15.670, Duerr AG (DE:DUEG) which was up 3.51% to settle at 40.660 and Nordex SE O.N. (DE:NDXG) which gained 3.49% to close at 16.320.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 7.48% to 2.262 in late trade, Aurubis AG (DE:NAFG) which lost 1.86% to settle at 85.680 and Rational AG (DE:RAAG) which was down 1.53% to 914.60 at the close.

The top performers on the TecDAX were Eckert & Ziegler AG O.N. (DE:EUZG) which rose 6.23% to 117.600, S&T AG (DE:SANT1) which was up 4.11% to settle at 21.28 and Nordex SE O.N. (DE:NDXG) which gained 3.49% to close at 16.320.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 7.48% to 2.262 in late trade, Siltronic AG (DE:WAFGn) which lost 1.14% to settle at 139.250 and 11 AG (DE:1U1) which was down 0.81% to 24.640 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 453 to 228 and 74 ended unchanged.

Shares in Duerr AG (DE:DUEG) rose to 52-week highs; gaining 3.51% or 1.380 to 40.660. Shares in Eckert & Ziegler AG O.N. (DE:EUZG) rose to all time highs; rising 6.23% or 6.900 to 117.600.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.47% to 18.79.

Gold Futures for August delivery was down 0.01% or 0.15 to $1799.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.84% or 0.60 to hit $72.25 a barrel, while the October Brent oil contract rose 0.50% or 0.37 to trade at $73.89 a barrel.

EUR/USD was down 0.00% to 1.1813, while EUR/GBP fell 0.05% to 0.8506.

The US Dollar Index Futures was up 0.06% at 92.487.

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