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Germany stocks higher at close of trade; DAX up 0.65%

Published 12/01/2022, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.65%

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

At the close in Frankfurt, the DAX rose 0.65%, while the MDAX index climbed 1.41%, and the TecDAX index added 2.11%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 4.24% or 1.26 points to trade at 31.00 at the close. Meanwhile, Sartorius AG VZO O.N. (ETR:SATG_p) added 4.12% or 14.70 points to end at 371.10 and Puma SE (ETR:PUMG) was up 3.08% or 1.50 points to 50.20 in late trade.

The worst performers of the session were Covestro AG (ETR:1COV), which fell 2.62% or 1.00 points to trade at 37.17 at the close. Deutsche Bank AG NA O.N. (ETR:DBKGn) declined 2.14% or 0.22 points to end at 9.90 and Porsche Automobil Holding SE (ETR:PSHG_p) was down 1.37% or 0.80 points to 57.54.

The top performers on the MDAX were Nemetschek AG O.N. (ETR:NEKG) which rose 7.73% to 50.20, HelloFresh SE (ETR:HFGG) which was up 5.95% to settle at 24.77 and Bechtle AG (ETR:BC8G) which gained 5.47% to close at 36.25.

The worst performers were Commerzbank AG O.N. (ETR:CBKG) which was down 3.55% to 7.72 in late trade, Rheinmetall AG (ETR:RHMG) which lost 1.59% to settle at 191.30 and Deutsche Lufthansa AG (ETR:LHAG) which was down 1.06% to 7.58 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (ETR:NEKG) which rose 7.73% to 50.20, Cancom SE O.N. (ETR:COKG) which was up 6.80% to settle at 30.48 and Suse SA (ETR:SUSEG) which gained 6.25% to close at 19.88.

The worst performers were Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was down 1.80% to 73.75 in late trade, Hensoldt Ag (ETR:HAGG) which lost 1.58% to settle at 21.75 and Morphosys AG O.N. (ETR:MORG) which was down 0.26% to 15.52 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 462 to 232 and 67 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.17% to 21.06.

Gold Futures for February delivery was up 3.14% or 55.25 to $1,815.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.70% or 1.37 to hit $81.92 a barrel, while the February Brent oil contract rose 0.93% or 0.81 to trade at $87.78 a barrel.

EUR/USD was up 1.06% to 1.05, while EUR/GBP fell 0.69% to 0.86.

The US Dollar Index Futures was down 1.13% at 104.71.

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