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Germany stocks higher at close of trade; DAX up 0.92%

Published 10/18/2022, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.92%

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

At the close in Frankfurt, the DAX added 0.92%, while the MDAX index gained 1.16%, and the TecDAX index added 1.28%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (ETR:HEIG), which rose 3.82% or 1.60 points to trade at 43.53 at the close. Meanwhile, Mercedes Benz Group AG (ETR:MBGn) added 3.42% or 1.89 points to end at 57.14 and Sartorius AG VZO O.N. (ETR:SATG_p) was up 2.98% or 11.20 points to 387.30 in late trade.

The worst performers of the session were Bayer AG NA (ETR:BAYGN), which fell 0.97% or 0.49 points to trade at 49.73 at the close. Vonovia SE (ETR:VNAn) declined 0.80% or 0.17 points to end at 21.09 and RWE AG ST O.N. (ETR:RWEG) was down 0.36% or 0.14 points to 38.71.

The top performers on the MDAX were Jungheinrich AG O.N.VZO (ETR:JUNG_p) which rose 5.14% to 22.90, Wacker Chemie O.N. (ETR:WCHG) which was up 4.99% to settle at 109.50 and K&S AG (ETR:SDFGn) which gained 3.95% to close at 21.07.

The worst performers were ADTRAN Holdingsa Inc (ETR:QH9) which was down 2.48% to 19.70 in late trade, Encavis AG (ETR:ECVG) which lost 1.99% to settle at 18.72 and HelloFresh SE (ETR:HFGG) which was down 1.95% to 22.57 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 4.93% to 100.00, Aixtron SE (ETR:AIXGn) which was up 3.78% to settle at 26.36 and Nordex SE O.N. (ETR:NDXG) which gained 3.73% to close at 8.57.

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The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 4.84% to 22.22 in late trade, ADTRAN Holdingsa Inc (ETR:QH9) which lost 2.48% to settle at 19.70 and Varta AG (ETR:VAR1) which was down 1.37% to 31.63 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 452 to 223 and 73 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.16% to 28.58.

Gold Futures for December delivery was down 0.49% or 8.20 to $1,655.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.00% or 1.69 to hit $82.84 a barrel, while the December Brent oil contract fell 1.41% or 1.29 to trade at $90.33 a barrel.

EUR/USD was unchanged 0.18% to 0.99, while EUR/GBP rose 0.72% to 0.87.

The US Dollar Index Futures was up 0.08% at 111.99.

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