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Germany stocks higher at close of trade; DAX up 0.95%

Published 04/23/2020, 01:15 PM
Updated 04/23/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.95%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Basic Resources, Utilities and Chemicals sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.95%, while the MDAX index climbed 1.04%, and the TecDAX index climbed 1.74%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 10.71% or 13.550 points to trade at 140.020 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 3.49% or 0.197 points to end at 5.846 and Daimler AG NA O.N. (DE:DAIGn) was up 3.47% or 0.965 points to 28.775 in late trade.

The worst performers of the session were Vonovia SE (DE:VNAn), which fell 2.52% or 1.13 points to trade at 43.67 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 1.78% or 0.286 points to end at 15.787 and Allianz SE VNA O.N. (DE:ALVG) was down 1.04% or 1.67 points to 159.64.

The top performers on the MDAX were Software AG (DE:SOWGn) which rose 5.65% to 31.420, Siemens Healthineers AG (DE:SHLG) which was up 5.20% to settle at 40.27 and Duerr AG (DE:DUEG) which gained 5.10% to close at 20.000.

The worst performers were Rational AG (DE:RAAG) which was down 4.46% to 449.40 in late trade, Knorr-Bremse AG (DE:KBX) which lost 3.86% to settle at 80.27 and Morphosys AG O.N. (DE:MORG) which was down 2.72% to 91.940 at the close.

The top performers on the TecDAX were Wirecard AG (DE:WDIG) which rose 10.71% to 140.020, Software AG (DE:SOWGn) which was up 5.65% to settle at 31.420 and Jenoptik AG (DE:JENGn) which gained 5.26% to close at 18.020.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 2.72% to 91.940 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 2.30% to settle at 55.200 and Evotec AG O.N. (DE:EVTG) which was down 2.25% to 22.990 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 475 to 198 and 69 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.16% to 41.97 a new 1-month low.

Gold Futures for June delivery was up 0.68% or 11.75 to $1750.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 23.44% or 3.23 to hit $17.01 a barrel, while the June Brent oil contract rose 7.07% or 1.44 to trade at $21.81 a barrel.

EUR/USD was down 0.21% to 1.0799, while EUR/GBP fell 0.34% to 0.8743.

The US Dollar Index Futures was down 0.11% at 100.422.

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