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Germany stocks higher at close of trade; DAX up 0.37%

Stock MarketsNov 27, 2020 11:15AM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 0.37%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology, Retail and Chemicals sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.37% to hit a new 6-months high, while the MDAX index gained 0.64%, and the TecDAX index added 1.21%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.15% or 0.900 points to trade at 29.510 at the close. Meanwhile, Covestro AG (DE:1COV) added 1.94% or 0.900 points to end at 47.280 and RWE AG ST O.N. (DE:RWEG) was up 1.77% or 0.605 points to 34.760 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 2.28% or 3.40 points to trade at 145.57 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 1.62% or 1.205 points to end at 73.035 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was down 1.19% or 2.85 points to 235.95.

The top performers on the MDAX were Aixtron SE (DE:AIXGn) which rose 5.28% to 12.220, Siltronic AG (DE:WAFGn) which was up 4.68% to settle at 113.050 and HelloFresh SE (DE:HFGG) which gained 4.44% to close at 49.88.

The worst performers were Grenke N AG (DE:GLJn) which was down 3.91% to 37.82 in late trade, Hochtief AG (DE:HOTG) which lost 2.58% to settle at 81.05 and Fraport AG (DE:FRAG) which was down 1.73% to 47.490 at the close.

The top performers on the TecDAX were Aixtron SE (DE:AIXGn) which rose 5.28% to 12.220, Siltronic AG (DE:WAFGn) which was up 4.68% to settle at 113.050 and Varta AG (DE:VAR1) which gained 3.91% to close at 111.500.

The worst performers were S&T AG (DE:SANT1) which was down 0.82% to 19.44 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 0.27% to settle at 111.000 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 0.30% to 65.700 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 367 to 297 and 37 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; gaining 3.15% or 0.900 to 29.510. Shares in Covestro AG (DE:1COV) rose to 52-week highs; gaining 1.94% or 0.900 to 47.280. Shares in Siltronic AG (DE:WAFGn) rose to 52-week highs; rising 4.68% or 5.050 to 113.050. Shares in Siltronic AG (DE:WAFGn) rose to 52-week highs; rising 4.68% or 5.050 to 113.050.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.82% to 22.14.

Gold Futures for December delivery was down 1.29% or 23.30 to $1782.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.55% or 0.25 to hit $45.46 a barrel, while the February Brent oil contract rose 0.82% or 0.39 to trade at $48.18 a barrel.

EUR/USD was up 0.32% to 1.1951, while EUR/GBP rose 0.48% to 0.8958.

The US Dollar Index Futures was down 0.20% at 91.782.

Germany stocks higher at close of trade; DAX up 0.37%
 

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