Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Germany stocks higher at close of trade; DAX up 0.77%

Published 03/13/2020, 02:15 PM
Updated 03/13/2020, 02:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.77%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Transportation & Logistics, Technology and Software sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.77%, while the MDAX index climbed 0.44%, and the TecDAX index gained 1.70%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 6.54% or 0.577 points to trade at 9.405 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 4.80% or 0.234 points to end at 5.105 and Wirecard AG (DE:WDIG) was up 4.47% or 3.840 points to 89.700 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 3.69% or 5.90 points to trade at 154.10 at the close. Vonovia SE (DE:VNAn) declined 1.77% or 0.76 points to end at 42.23 and Fresenius SE & Co KGAA O.N. (DE:FREG) was down 1.72% or 0.550 points to 31.345.

The top performers on the MDAX were Aareal Bank AG (DE:ARLG) which rose 10.84% to 19.070, RTL Group SA (DE:RRTL) which was up 10.70% to settle at 32.900 and Software AG (DE:SOWGn) which gained 7.16% to close at 24.700.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 7.12% to 24.385 in late trade, Fraport AG (DE:FRAG) which lost 6.83% to settle at 36.475 and CTS Eventim AG (DE:EVDG) which was down 6.34% to 33.680 at the close.

The top performers on the TecDAX were Software AG (DE:SOWGn) which rose 7.16% to 24.700, Siltronic AG (DE:WAFGn) which was up 5.95% to settle at 58.360 and Wirecard AG (DE:WDIG) which gained 4.47% to close at 89.700.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 7.12% to 24.385 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 1.85% to settle at 1.861 and RIB Software AG Na (DE:RIB) which was down 0.36% to 27.900 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 416 to 292 and 32 ended unchanged.

Shares in MTU Aero Engines NA O.N. (DE:MTXGn) fell to 52-week lows; down 3.69% or 5.90 to 154.10. Shares in Fresenius SE & Co KGAA O.N. (DE:FREG) fell to 5-year lows; losing 1.72% or 0.550 to 31.345. Shares in Dialog Semiconductor (DE:DLGS) fell to 52-week lows; losing 7.12% or 1.870 to 24.385. Shares in Fraport AG (DE:FRAG) fell to 5-year lows; falling 6.83% or 2.675 to 36.475. Shares in CTS Eventim AG (DE:EVDG) fell to 52-week lows; losing 6.34% or 2.280 to 33.680. Shares in Dialog Semiconductor (DE:DLGS) fell to 52-week lows; falling 7.12% or 1.870 to 24.385. Shares in Telefonica Deutschland Holding AG (DE:O2Dn) fell to all time lows; losing 1.85% or 0.035 to 1.861.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.99% to 74.29 a new all time high.

Gold Futures for April delivery was down 3.70% or 58.85 to $1531.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.75% or 0.55 to hit $32.05 a barrel, while the May Brent oil contract rose 3.16% or 1.05 to trade at $34.27 a barrel.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

EUR/USD was down 0.85% to 1.1088, while EUR/GBP rose 1.08% to 0.8989.

The US Dollar Index Futures was up 1.14% at 98.573.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.