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Germany stocks higher at close of trade; DAX up 0.45%

Published 07/29/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.45%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Technology, Insurance and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.45%, while the MDAX index gained 0.21%, and the TecDAX index added 0.49%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 3.23% or 0.340 points to trade at 10.855 at the close. Meanwhile, Daimler AG NA O.N. (DE:DAIGn) added 2.80% or 2.075 points to end at 76.140 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 2.62% or 0.835 points to 32.727 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (DE:DPWGn), which fell 1.02% or 0.600 points to trade at 58.195 at the close. MTU Aero Engines NA O.N. (DE:MTXGn) declined 0.98% or 2.10 points to end at 212.20 and Covestro AG (DE:1COV) was down 0.84% or 0.460 points to 54.500.

The top performers on the MDAX were Morphosys AG O.N. (DE:MORG) which rose 4.56% to 47.310, GEA Group AG (DE:G1AG) which was up 4.54% to settle at 37.175 and Cancom SE O.N. (DE:COKG) which gained 2.97% to close at 52.760.

The worst performers were HelloFresh SE (DE:HFGG) which was down 3.33% to 80.68 in late trade, CTS Eventim AG (DE:EVDG) which lost 2.43% to settle at 57.040 and Shop Apotheke Europe NV (DE:SAEG) which was down 2.33% to 129.800 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 4.56% to 47.310, LPKF Laser & Electronics (DE:LPKG) which was up 4.04% to settle at 22.160 and Cancom SE O.N. (DE:COKG) which gained 2.97% to close at 52.760.

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The worst performers were Eckert & Ziegler AG O.N. (DE:EUZG) which was down 4.08% to 112.800 in late trade, United Internet AG NA (DE:UTDI) which lost 0.96% to settle at 35.060 and Deutsche Telekom AG Na (DE:DTEGn) which was down 0.70% to 17.679 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 410 to 274 and 74 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.53% to 18.69.

Gold Futures for August delivery was up 1.77% or 31.90 to $1831.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.26% or 0.91 to hit $73.30 a barrel, while the October Brent oil contract rose 1.31% or 0.97 to trade at $74.84 a barrel.

EUR/USD was up 0.35% to 1.1883, while EUR/GBP fell 0.06% to 0.8512.

The US Dollar Index Futures was down 0.42% at 91.933.

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