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Germany stocks higher at close of trade; DAX up 0.78%

Stock Markets Mar 28, 2022 01:15PM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 0.78%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Transportation & Logistics, Media and Retail sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.78%, while the MDAX index climbed 0.21%, and the TecDAX index climbed 0.16%.

The best performers of the session on the DAX were Daimler Truck Holding AG (DE:DTGGe), which rose 3.68% or 0.94 points to trade at 26.34 at the close. Meanwhile, Delivery Hero AG (DE:DHER) added 3.41% or 1.27 points to end at 38.51 and Heidelbergcement AG O.N. (DE:HEIG) was up 2.31% or 1.20 points to 53.22 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 2.55% or 5.50 points to trade at 209.80 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 0.43% or 0.14 points to end at 31.15 and Deutsche Bank AG NA O.N. (DE:DBKGn) was 0.03% or 0.00 points to 11.66.

The top performers on the MDAX were CTS Eventim AG (DE:EVDG) which rose 7.11% to 62.40, Rational AG (DE:RAAG) which was up 2.56% to settle at 608.40 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 2.56% to close at 25.60.

The worst performers were Varta AG (DE:VAR1) which was down 5.00% to 88.54 in late trade, Rheinmetall AG (DE:RHMG) which lost 3.81% to settle at 194.30 and K&S AG (DE:SDFGn) which was down 3.67% to 28.57 at the close.

The top performers on the TecDAX were Suse SA (DE:SUSEG) which rose 2.63% to 28.08, Sartorius AG VZO O.N. (DE:SATG_p) which was up 2.20% to settle at 399.70 and Qiagen NV (DE:QIA) which gained 1.33% to close at 44.24.

The worst performers were Eckert & Ziegler AG O.N. (DE:EUZG) which was down 9.76% to 57.30 in late trade, Varta AG (DE:VAR1) which lost 5.00% to settle at 88.54 and Morphosys AG O.N. (DE:MORG) which was down 4.53% to 24.43 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 422 to 254 and 88 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.49% to 30.39.

Gold Futures for April delivery was down 0.78% or 15.30 to $1,938.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 6.43% or 7.32 to hit $106.58 a barrel, while the June Brent oil contract fell 6.17% or 7.24 to trade at $110.13 a barrel.

EUR/USD was unchanged 0.13% to 1.10, while EUR/GBP rose 0.87% to 0.84.

The US Dollar Index Futures was up 0.22% at 99.04.

Germany stocks higher at close of trade; DAX up 0.78%
 

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