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Germany stocks higher at close of trade; DAX up 0.75%

Published 12/17/2020, 12:15 PM
Updated 12/17/2020, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.75%

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

At the close in Frankfurt, the DAX gained 0.75% to hit a new 6-months high, while the MDAX index added 0.77%, and the TecDAX index climbed 0.66%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 2.12% or 2.180 points to trade at 104.900 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 1.92% or 5.56 points to end at 295.86 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.66% or 0.505 points to 30.975 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 1.64% or 3.40 points to trade at 204.50 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 1.09% or 1.00 points to end at 90.35 and Beiersdorf AG O.N. (DE:BEIG) was down 0.83% or 0.790 points to 93.990.

The top performers on the MDAX were Thyssenkrupp AG O.N. (DE:TKAG) which rose 11.47% to 7.910, Evotec AG O.N. (DE:EVTG) which was up 5.81% to settle at 28.250 and Aixtron SE (DE:AIXGn) which gained 5.57% to close at 13.685.

The worst performers were HelloFresh SE (DE:HFGG) which was down 3.22% to 58.55 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 2.85% to settle at 340.600 and Gerresheimer AG (DE:GXIG) which was down 1.75% to 90.000 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 5.81% to 28.250, LPKF Laser & Electronics (DE:LPKG) which was up 5.80% to settle at 25.550 and Aixtron SE (DE:AIXGn) which gained 5.57% to close at 13.685.

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The worst performers were Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.85% to 340.600 in late trade, S&T AG (DE:SANT1) which lost 1.56% to settle at 18.90 and Qiagen NV (DE:QIA) which was down 0.64% to 42.030 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 427 to 267 and 56 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; up 1.66% or 0.505 to 30.975. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; gaining 5.81% or 1.550 to 28.250. Shares in Aixtron SE (DE:AIXGn) rose to 52-week highs; rising 5.57% or 0.722 to 13.685. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; rising 5.81% or 1.550 to 28.250. Shares in LPKF Laser & Electronics (DE:LPKG) rose to all time highs; rising 5.80% or 1.400 to 25.550. Shares in Aixtron SE (DE:AIXGn) rose to 52-week highs; gaining 5.57% or 0.722 to 13.685.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.17% to 23.19.

Gold Futures for February delivery was up 1.70% or 31.55 to $1890.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.63% or 0.30 to hit $48.12 a barrel, while the February Brent oil contract rose 0.35% or 0.18 to trade at $51.26 a barrel.

EUR/USD was up 0.54% to 1.2263, while EUR/GBP fell 0.18% to 0.9011.

The US Dollar Index Futures was down 0.74% at 89.692.

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