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Germany stocks higher at close of trade; DAX up 0.50%

Published 04/04/2022, 01:15 PM
Updated 04/04/2022, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.50%

© Reuters. Germany stocks higher at close of trade; DAX up 0.50%

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

At the close in Frankfurt, the DAX gained 0.50%, while the MDAX index added 1.13%, and the TecDAX index gained 1.21%.

The best performers of the session on the DAX were Delivery Hero AG (DE:DHER), which rose 10.24% or 4.28 points to trade at 46.09 at the close. Meanwhile, Zalando SE (DE:ZALG) added 6.71% or 3.18 points to end at 50.54 and HelloFresh SE (DE:HFGG) was up 3.88% or 1.65 points to 44.19 in late trade.

The worst performers of the session were Hannover Rueck SE (DE:HNRGn), which fell 1.44% or 2.20 points to trade at 150.15 at the close. Merck KGaA (DE:MRCG) declined 1.10% or 2.10 points to end at 188.15 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was down 0.95% or 2.30 points to 240.40.

The top performers on the MDAX were Varta AG (DE:VAR1) which rose 8.16% to 97.30, Rheinmetall AG (DE:RHMG) which was up 6.25% to settle at 204.90 and Aixtron SE (DE:AIXGn) which gained 5.34% to close at 21.11.

The worst performers were Thyssenkrupp AG O.N. (DE:TKAG) which was down 1.64% to 7.69 in late trade, Talanx AG NA O.N. (DE:TLXGn) which lost 1.63% to settle at 39.76 and Lanxess AG (DE:LXSG) which was down 1.20% to 39.45 at the close.

The top performers on the TecDAX were Varta AG (DE:VAR1) which rose 8.16% to 97.30, Morphosys AG O.N. (DE:MORG) which was up 6.87% to settle at 26.60 and Suse SA (DE:SUSEG) which gained 5.82% to close at 30.90.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 5.19% to 15.72 in late trade, Infineon Technologies AG NA O.N. (DE:IFXGn) which lost 0.59% to settle at 30.54 and Siemens Healthineers AG (DE:SHLG) which was down 0.46% to 55.94 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 453 to 236 and 80 ended unchanged.

Shares in Thyssenkrupp AG O.N. (DE:TKAG) fell to 52-week lows; falling 1.64% or 0.13 to 7.69. Shares in Rheinmetall AG (DE:RHMG) rose to all time highs; up 6.25% or 12.05 to 204.90.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.68% to 26.90 a new 1-month low.

Gold Futures for June delivery was up 0.42% or 8.15 to $1,931.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.52% or 2.50 to hit $101.77 a barrel, while the June Brent oil contract rose 1.87% or 1.95 to trade at $106.34 a barrel.

EUR/USD was down 0.71% to 1.10, while EUR/GBP fell 0.63% to 0.84.

The US Dollar Index Futures was up 0.37% at 98.99.

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