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Germany stocks higher at close of trade; DAX up 0.68%

Stock Markets Oct 13, 2021 12:15PM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 0.68%

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

At the close in Frankfurt, the DAX added 0.68%, while the MDAX index added 0.39%, and the TecDAX index gained 1.84%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (DE:SATG_p), which rose 4.19% or 21.000 points to trade at 522.400 at the close. Meanwhile, SAP SE (DE:SAPG) added 4.04% or 4.720 points to end at 121.580 and Porsche Automobil Holding SE (DE:PSHG_p) was up 3.66% or 3.100 points to 87.830 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 4.41% or 0.505 points to trade at 10.935 at the close. Allianz SE VNA O.N. (DE:ALVG) declined 1.33% or 2.63 points to end at 195.08 and Bayer AG NA (DE:BAYGN) was down 1.30% or 0.62 points to 47.08.

The top performers on the MDAX were Gerresheimer AG (DE:GXIG) which rose 4.30% to 81.250, Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was up 3.47% to settle at 41.460 and Carl Zeiss Meditec AG (DE:AFXG) which gained 3.27% to close at 164.200.

The worst performers were Commerzbank AG O.N. (DE:CBKG) which was down 5.52% to 6.025 in late trade, TeamViewer AG (DE:TMV) which lost 3.85% to settle at 13.99 and Hypoport AG (DE:HYQGn) which was down 2.62% to 487.400 at the close.

The top performers on the TecDAX were Eckert & Ziegler AG O.N. (DE:EUZG) which rose 4.19% to 116.800, Sartorius AG VZO O.N. (DE:SATG_p) which was up 4.19% to settle at 522.400 and SAP SE (DE:SAPG) which gained 4.04% to close at 121.580.

The worst performers were TeamViewer AG (DE:TMV) which was down 3.85% to 13.99 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 1.69% to settle at 2.332 and Freenet AG NA (DE:FNTGn) which was down 1.29% to 22.185 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 375 to 312 and 82 ended unchanged.

Shares in TeamViewer AG (DE:TMV) fell to all time lows; falling 3.85% or 0.56 to 13.99. Shares in TeamViewer AG (DE:TMV) fell to all time lows; down 3.85% or 0.56 to 13.99.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.75% to 19.65 a new 1-month low.

Gold Futures for December delivery was up 2.09% or 36.75 to $1796.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.11% or 0.09 to hit $80.55 a barrel, while the December Brent oil contract fell 0.18% or 0.15 to trade at $83.27 a barrel.

EUR/USD was up 0.40% to 1.1573, while EUR/GBP fell 0.02% to 0.8479.

The US Dollar Index Futures was down 0.36% at 94.177.

Germany stocks higher at close of trade; DAX up 0.68%
 

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