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Germany stocks higher at close of trade; DAX up 1.32%

Published 07/13/2020, 01:15 PM
Updated 07/13/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.32%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Basic Resources, Technology and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX added 1.32% to hit a new 1-month high, while the MDAX index gained 1.16%, and the TecDAX index climbed 1.59%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 4.41% or 0.103 points to trade at 2.438 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 3.02% or 0.680 points to end at 23.175 and Adidas AG (DE:ADSGN) was up 2.97% or 7.00 points to 242.40 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 0.85% or 0.075 points to trade at 8.750 at the close. Fresenius Medical Care KGAA ST (DE:FMEG) declined 0.42% or 0.310 points to end at 74.080 and Vonovia SE (DE:VNAn) was down 0.33% or 0.18 points to 55.14.

The top performers on the MDAX were K+S AG NA O.N. (DE:SDFGn) which rose 7.63% to 6.040, Thyssenkrupp AG O.N. (DE:TKAG) which was up 6.43% to settle at 6.922 and Kion Group AG (DE:KGX) which gained 6.07% to close at 62.86.

The worst performers were Brenntag AG (DE:BNRGn) which was down 1.12% to 51.000 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 0.87% to settle at 2.497 and LEG Immobilien AG (DE:LEGn) which was down 0.84% to 116.360 at the close.

The top performers on the TecDAX were Wirecard AG (DE:WDIG) which rose 4.41% to 2.438, Nordex SE O.N. (DE:NDXG) which was up 3.64% to settle at 8.970 and Infineon Technologies AG NA O.N. (DE:IFXGn) which gained 3.02% to close at 23.175.

The worst performers were Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 1.98% to 168.00 in late trade, Jenoptik AG (DE:JENGn) which lost 1.01% to settle at 23.460 and RIB Software AG Na (DE:RIB) which was down 0.92% to 25.800 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 481 to 198 and 62 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to 52-week highs; gaining 3.02% or 0.680 to 23.175. Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to 52-week highs; up 3.02% or 0.680 to 23.175.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.05% to 29.52 a new 3-months low.

Gold Futures for August delivery was up 0.63% or 11.30 to $1813.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.15% or 0.06 to hit $40.61 a barrel, while the September Brent oil contract fell 0.02% or 0.01 to trade at $43.23 a barrel.

EUR/USD was up 0.67% to 1.1374, while EUR/GBP rose 0.68% to 0.9015.

The US Dollar Index Futures was down 0.40% at 96.225.

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