Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Germany stocks higher at close of trade; DAX up 1.35%

Published 05/08/2020, 01:15 PM
Updated 05/08/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.35%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Construction, Telecoms and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.35%, while the MDAX index gained 0.94%, and the TecDAX index added 1.15%.

The best performers of the session on the DAX were Siemens AG Class N (DE:SIEGn), which rose 6.56% or 5.50 points to trade at 89.28 at the close. Meanwhile, Heidelbergcement AG O.N. (DE:HEIG) added 6.28% or 2.610 points to end at 44.180 and Continental AG O.N. (DE:CONG) was up 5.17% or 3.88 points to 78.88 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 3.23% or 4.15 points to trade at 124.20 at the close. Muench. Rueckvers. VNA O.N. (DE:MUVGn) declined 1.68% or 3.26 points to end at 191.12 and Deutsche Lufthansa AG (DE:LHAG) was down 1.04% or 0.082 points to 7.778.

The top performers on the MDAX were Prosiebensat 1 Media AG (DE:PSMGn) which rose 9.23% to 9.7060, Cancom SE O.N. (DE:COKG) which was up 6.94% to settle at 53.000 and Fraport AG (DE:FRAG) which gained 6.07% to close at 37.940.

The worst performers were Varta AG (DE:VAR1) which was down 2.37% to 76.050 in late trade, Hannover Rueck SE (DE:HNRGn) which lost 1.49% to settle at 139.00 and K+S AG NA O.N. (DE:SDFGn) which was down 1.43% to 5.660 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE:COKG) which rose 6.94% to 53.000, Telefonica Deutschland Holding AG (DE:O2Dn) which was up 5.46% to settle at 2.742 and Bechtle AG (DE:BC8G) which gained 4.22% to close at 148.300.

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

The worst performers were Varta AG (DE:VAR1) which was down 2.37% to 76.050 in late trade, S&T AG (DE:SANT1) which lost 1.40% to settle at 22.52 and TeamViewer AG (DE:TMV) which was down 1.39% to 42.66 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 461 to 210 and 64 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.74% to 32.37 a new 1-month low.

Gold Futures for June delivery was down 0.57% or 9.80 to $1716.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.57% or 0.37 to hit $23.92 a barrel, while the July Brent oil contract rose 2.68% or 0.79 to trade at $30.25 a barrel.

EUR/USD was up 0.13% to 1.0846, while EUR/GBP fell 0.32% to 0.8732.

The US Dollar Index Futures was down 0.19% at 99.715.

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.