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Germany stocks higher at close of trade; DAX up 0.99%

Published 07/20/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.99%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Software, Technology and Financial Services sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.99% to hit a new 3-months high, while the MDAX index climbed 0.67%, and the TecDAX index added 1.73%.

The best performers of the session on the DAX were Deutsche Boerse AG (DE:DB1Gn), which rose 2.57% or 4.170 points to trade at 166.500 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 2.51% or 0.560 points to end at 22.860 and SAP SE (DE:SAPG) was up 2.38% or 3.230 points to 139.200 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 21.57% or 0.426 points to trade at 1.550 at the close. Bayer AG NA (DE:BAYGN) declined 1.30% or 0.82 points to end at 62.34 and Daimler AG NA O.N. (DE:DAIGn) was down 0.95% or 0.375 points to 39.005.

The top performers on the MDAX were Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which rose 7.22% to 38.525, Sartorius AG VZO O.N. (DE:SATG_p) which was up 4.43% to settle at 343.800 and Scout24 AG (DE:G24n) which gained 3.02% to close at 73.250.

The worst performers were HelloFresh SE (DE:HFGG) which was down 3.82% to 43.28 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 3.82% to settle at 9.5220 and Fraport AG (DE:FRAG) which was down 2.56% to 37.650 at the close.

The top performers on the TecDAX were Aixtron SE (DE:AIXGn) which rose 13.10% to 12.342, Sartorius AG VZO O.N. (DE:SATG_p) which was up 4.43% to settle at 343.800 and Nordex SE O.N. (DE:NDXG) which gained 2.96% to close at 9.750.

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The worst performers were Wirecard AG (DE:WDIG) which was down 21.57% to 1.550 in late trade, TeamViewer AG (DE:TMV) which lost 0.80% to settle at 48.55 and Software AG (DE:SOWGn) which was down 0.08% to 37.660 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 366 to 302 and 70 ended unchanged.

Shares in SAP SE (DE:SAPG) rose to all time highs; up 2.38% or 3.230 to 139.200. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; rising 4.43% or 14.600 to 343.800. Shares in Scout24 AG (DE:G24n) rose to all time highs; gaining 3.02% or 2.150 to 73.250. Shares in Aixtron SE (DE:AIXGn) rose to 52-week highs; gaining 13.10% or 1.430 to 12.342. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; rising 4.43% or 14.600 to 343.800.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.67% to 25.64 a new 3-months low.

Gold Futures for August delivery was up 0.37% or 6.70 to $1816.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.22% or 0.09 to hit $40.84 a barrel, while the September Brent oil contract rose 0.28% or 0.12 to trade at $43.26 a barrel.

EUR/USD was up 0.10% to 1.1438, while EUR/GBP fell 0.47% to 0.9044.

The US Dollar Index Futures was down 0.08% at 95.810.

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