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Germany stocks higher at close of trade; DAX up 1.05%

Published 12/29/2022, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.05%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Retail, Technology and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX added 1.05%, while the MDAX index climbed 0.94%, and the TecDAX index gained 1.86%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 4.10% or 1.35 points to trade at 34.24 at the close. Meanwhile, Sartorius AG VZO O.N. (ETR:SATG_p) added 4.06% or 14.50 points to end at 371.70 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was up 2.62% or 2.44 points to 95.40 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (ETR:MTXGn), which fell 0.29% or 0.60 points to trade at 204.40 at the close. Covestro AG (ETR:1COV) declined 0.16% or 0.06 points to end at 36.88 and Daimler Truck Holding AG (ETR:DTGGe) was up 0.09% or 0.03 points to 29.39.

The top performers on the MDAX were Evotec AG O.N. (ETR:EVTG) which rose 4.07% to 15.59, Aroundtown Property Holdings PLC (ETR:AT1) which was up 3.75% to settle at 2.21 and Tag Immobilien AG (ETR:TEGG) which gained 3.57% to close at 6.10.

The worst performers were Deutsche Lufthansa AG (ETR:LHAG) which was down 3.25% to 7.85 in late trade, Aurubis AG (ETR:NAFG) which lost 1.34% to settle at 78.16 and Commerzbank AG O.N. (ETR:CBKG) which was down 0.72% to 8.82 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (ETR:MORG) which rose 10.37% to 13.30, Evotec AG O.N. (ETR:EVTG) which was up 4.07% to settle at 15.59 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 4.06% to close at 371.70.

The worst performers were Vantage Towers AG (ETR:VTWRn) which was up 0.06% to 32.16 in late trade, Hensoldt Ag (ETR:HAGG) which gained 0.45% to settle at 22.40 and ADTRAN Holdingsa Inc (ETR:QH9) which was up 0.58% to 17.30 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 510 to 179 and 72 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.52% to 20.15.

Gold Futures for February delivery was up 0.54% or 9.75 to $1,825.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.19% or 0.94 to hit $78.02 a barrel, while the March Brent oil contract fell 1.20% or 1.01 to trade at $82.98 a barrel.

EUR/USD was up 0.65% to 1.07, while EUR/GBP unchanged 0.31% to 0.89.

The US Dollar Index Futures was down 0.53% at 103.63.

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