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Germany stocks higher at close of trade; DAX up 0.73%

Stock MarketsNov 01, 2019 02:15PM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 0.73%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Basic Resources, Technology and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.73% to hit a new 52-week high, while the MDAX index gained 1.14%, and the TecDAX index gained 1.19%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 4.62% or 1.990 points to trade at 45.040 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 2.41% or 0.418 points to end at 17.796 and Continental AG O.N. (DE:CONG) was up 2.37% or 2.84 points to 122.72 in late trade.

The worst performers of the session were Beiersdorf AG O.N. (DE:BEIG), which fell 1.41% or 1.500 points to trade at 104.650 at the close. Deutsche Telekom AG Na (DE:DTEGn) declined 0.96% or 0.152 points to end at 15.616 and Vonovia SE (DE:VNAn) was down 0.57% or 0.27 points to 47.44.

The top performers on the MDAX were Nemetschek AG O.N. (DE:NEKG) which rose 7.02% to 48.800, Duerr AG (DE:DUEG) which was up 4.39% to settle at 27.600 and Thyssenkrupp AG O.N. (DE:TKAG) which gained 4.14% to close at 13.325.

The worst performers were Delivery Hero AG (DE:DHER) which was down 1.19% to 41.53 in late trade, Drillisch AG (DE:DRIG) which lost 1.17% to settle at 23.700 and Scout24 AG (DE:G24n) which was down 0.90% to 54.950 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 7.02% to 48.800, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 2.78% to settle at 144.20 and Dialog Semiconductor (DE:DLGS) which gained 2.64% to close at 41.2700.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 1.79% to 11.530 in late trade, SLM Solutions Group AG (DE:AM3D) which lost 1.49% to settle at 15.88 and Drillisch AG (DE:DRIG) which was down 1.17% to 23.700 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 475 to 198 and 81 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.98% to 13.36 a new 3-months low.

Gold Futures for December delivery was down 0.33% or 5.05 to $1509.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 3.01% or 1.63 to hit $55.81 a barrel, while the January Brent oil contract rose 2.88% or 1.72 to trade at $61.34 a barrel.

EUR/USD was up 0.11% to 1.1162, while EUR/GBP rose 0.17% to 0.8629.

The US Dollar Index Futures was down 0.11% at 97.045.

Germany stocks higher at close of trade; DAX up 0.73%
 

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