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Germany stocks higher at close of trade; DAX up 1.15%
Published Nov 08, 2022 01:15PM ET
© Reuters. Germany stocks higher at close of trade; DAX up 1.15%
Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Technology, Retail and Consumer & Cyclical sectors led shares higher.
At the close in Frankfurt, the DAX rose 1.15% to hit a new 1-month high, while the MDAX index climbed 1.64%, and the TecDAX index climbed 3.24%.
The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 7.07% or 1.86 points to trade at 28.18 at the close. Meanwhile, Sartorius AG VZO O.N. (ETR:SATG_p) added 6.27% or 21.60 points to end at 365.90 and Qiagen NV (ETR:QIA) was up 5.28% or 2.22 points to 44.24 in late trade.
The worst performers of the session were Bayer AG NA (ETR:BAYGN), which fell 4.75% or 2.58 points to trade at 51.70 at the close. Porsche Automobil Holding SE (ETR:PSHG_p) declined 1.68% or 0.98 points to end at 57.34 and Puma SE (ETR:PUMG) was down 1.38% or 0.64 points to 45.58.
The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 6.35% to 26.81, Fraport AG (ETR:FRAG) which was up 4.90% to settle at 42.41 and Bechtle AG (ETR:BC8G) which gained 4.73% to close at 36.99.
The worst performers were ADTRAN Holdingsa Inc (ETR:QH9) which was down 1.44% to 20.50 in late trade, Commerzbank AG O.N. (ETR:CBKG) which lost 0.96% to settle at 8.25 and Rheinmetall AG (ETR:RHMG) which was down 0.35% to 157.25 at the close.
The top performers on the TecDAX were Infineon Technologies AG NA O.N. (ETR:IFXGn) which rose 7.07% to 28.18, Aixtron SE (ETR:AIXGn) which was up 6.35% to settle at 26.81 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 6.27% to close at 365.90.
The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 2.20% to 19.98 in late trade, Hensoldt Ag (ETR:HAGG) which lost 1.58% to settle at 21.80 and ADTRAN Holdingsa Inc (ETR:QH9) which was down 1.44% to 20.50 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 462 to 210 and 81 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was down 2.58% to 22.62 a new 1-month low.
Gold Futures for December delivery was up 2.33% or 39.20 to $1,719.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.67% or 1.53 to hit $90.26 a barrel, while the January Brent oil contract fell 1.36% or 1.33 to trade at $96.59 a barrel.
EUR/USD was up 0.73% to 1.01, while EUR/GBP unchanged 0.17% to 0.87.
The US Dollar Index Futures was down 0.65% at 109.27.
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