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Germany stocks higher at close of trade; DAX up 0.87%

Published 03/26/2021, 05:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.87%
DE40
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BASFN
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CONG
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TKAG
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BEIG
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FREG
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WCHG
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NDXG
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NAFG
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BOSSn
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CXPHX
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CXPNX
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CXPRX
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MDAXI
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TECDAX
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V1XI
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EVTG
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NWOn
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LPKG
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DWNG
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AFXG
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JENGn
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G24n
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1COV
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology, Retail and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX added 0.87%, while the MDAX index climbed 0.87%, and the TecDAX index gained 0.93%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 4.10% or 2.220 points to trade at 56.360 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) added 4.09% or 1.480 points to end at 37.625 and Deutsche Wohnen AG (DE:DWNG) was up 3.88% or 1.510 points to 40.450 in late trade.

The worst performers of the session were Beiersdorf AG O.N. (DE:BEIG), which fell 1.17% or 1.050 points to trade at 88.860 at the close. BASF SE NA O.N. (DE:BASFN) declined 0.66% or 0.465 points to end at 69.845 and Continental AG O.N. (DE:CONG) was down 0.60% or 0.67 points to 110.78.

The top performers on the MDAX were Aurubis AG (DE:NAFG) which rose 6.26% to 70.320, Thyssenkrupp AG O.N. (DE:TKAG) which was up 4.41% to settle at 10.900 and Wacker Chemie O.N. (DE:WCHG) which gained 3.27% to close at 116.33.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 2.11% to 29.630 in late trade, Scout24 AG (DE:G24n) which lost 0.94% to settle at 63.450 and Hugo Boss AG NA O.N. (DE:BOSSn) which was down 0.73% to 34.060 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 6.47% to 25.680, LPKF Laser & Electronics (DE:LPKG) which was up 6.13% to settle at 24.250 and New Work SE (DE:NWOn) which gained 3.45% to close at 225.00.

The worst performers were Jenoptik AG (DE:JENGn) which was down 2.73% to 25.680 in late trade, Evotec AG O.N. (DE:EVTG) which lost 2.11% to settle at 29.630 and Carl Zeiss Meditec AG (DE:AFXG) which was down 0.69% to 130.200 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 541 to 138 and 69 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.93% to 18.47 a new 52-week low.

Gold Futures for April delivery was up 0.36% or 6.20 to $1731.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 3.71% or 2.17 to hit $60.73 a barrel, while the May Brent oil contract rose 3.92% or 2.43 to trade at $64.38 a barrel.

EUR/USD was up 0.26% to 1.1794, while EUR/GBP fell 0.17% to 0.8549.

The US Dollar Index Futures was down 0.12% at 92.718.

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