Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Germany stocks higher at close of trade; DAX up 1.17%

Published 07/07/2021, 12:15 PM
Updated 07/07/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.17%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Software, Utilities and Retail sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.17%, while the MDAX index added 0.74%, and the TecDAX index added 1.16%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 4.02% or 2.910 points to trade at 75.270 at the close. Meanwhile, SAP SE (DE:SAPG) added 3.59% or 4.310 points to end at 124.370 and Delivery Hero AG (DE:DHER) was up 3.55% or 4.25 points to 123.90 in late trade.

The worst performers of the session were Siemens Energy AG (DE:ENR1n), which fell 1.41% or 0.38 points to trade at 26.66 at the close. MTU Aero Engines NA O.N. (DE:MTXGn) declined 1.10% or 2.30 points to end at 206.90 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.08% or 0.115 points to 10.500.

The top performers on the MDAX were Nordex SE O.N. (DE:NDXG) which rose 3.71% to 18.170, Siemens Healthineers AG (DE:SHLG) which was up 2.55% to settle at 53.84 and Aurubis AG (DE:NAFG) which gained 2.30% to close at 85.520.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 3.48% to 64.410 in late trade, Hochtief AG (DE:HOTG) which lost 2.88% to settle at 63.48 and Commerzbank AG O.N. (DE:CBKG) which was down 2.37% to 5.687 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 3.71% to 18.170, SAP SE (DE:SAPG) which was up 3.59% to settle at 124.370 and Siemens Healthineers AG (DE:SHLG) which gained 2.55% to close at 53.84.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 3.48% to 64.410 in late trade, Aixtron SE (DE:AIXGn) which lost 2.37% to settle at 21.845 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 1.21% to 77.750 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 373 to 295 and 87 ended unchanged.

Shares in Siemens Healthineers AG (DE:SHLG) rose to all time highs; gaining 2.55% or 1.34 to 53.84. Shares in Aurubis AG (DE:NAFG) rose to 3-years highs; up 2.30% or 1.920 to 85.520. Shares in Siemens Healthineers AG (DE:SHLG) rose to all time highs; up 2.55% or 1.34 to 53.84.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.68% to 17.52.

Gold Futures for August delivery was up 0.59% or 10.60 to $1804.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.91% or 1.40 to hit $71.97 a barrel, while the September Brent oil contract fell 1.68% or 1.25 to trade at $73.28 a barrel.

EUR/USD was down 0.21% to 1.1797, while EUR/GBP fell 0.12% to 0.8554.

The US Dollar Index Futures was up 0.18% at 92.713.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.