Germany stocks higher at close of trade; DAX up 0.46% By Investing.com

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Germany stocks higher at close of trade; DAX up 0.46%

Stock Markets Jan 23, 2023 01:15PM ET

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Germany stocks higher at close of trade; DAX up 0.46%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Food & Beverages and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX added 0.46%, while the MDAX index added 0.76%, and the TecDAX index gained 1.43%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 4.83% or 19.40 points to trade at 420.80 at the close. Meanwhile, Vonovia SE (ETR:VNAn) added 2.92% or 0.76 points to end at 26.75 and Merck KGaA (ETR:MRCG) was up 2.83% or 5.30 points to 192.70 in late trade.

The worst performers of the session were Symrise AG Inh. O.N. (ETR:SY1G), which fell 5.68% or 5.96 points to trade at 99.04 at the close. Hannover Rueck SE (ETR:HNRGn) declined 1.93% or 3.65 points to end at 185.05 and Munich Reinsurance (ETR:MUVGn) was down 1.81% or 6.00 points to 325.70.

The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 3.71% to 30.47, Siltronic AG (ETR:WAFGn) which was up 3.62% to settle at 78.75 and Tag Immobilien AG (ETR:TEGG) which gained 3.60% to close at 8.21.

The worst performers were Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) which was down 0.96% to 37.12 in late trade, Talanx AG NA O.N. (ETR:TLXGn) which lost 0.82% to settle at 45.96 and Rheinmetall AG (ETR:RHMG) which was down 0.71% to 222.40 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 4.83% to 420.80, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 3.93% to settle at 42.28 and Aixtron SE (ETR:AIXGn) which gained 3.71% to close at 30.47.

The worst performers were Evotec AG O.N. (ETR:EVTG) which was down 0.55% to 18.22 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 0.51% to settle at 50.48 and United Internet AG NA (ETR:UTDI) which was down 0.41% to 21.96 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 459 to 208 and 93 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.14% to 18.27.

Gold Futures for February delivery was up 0.00% or 0.05 to $1,928.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.89% or 0.73 to hit $82.37 a barrel, while the March Brent oil contract rose 1.26% or 1.10 to trade at $88.73 a barrel.

EUR/USD was unchanged 0.11% to 1.09, while EUR/GBP unchanged 0.33% to 0.88.

The US Dollar Index Futures was up 0.05% at 101.83.

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