Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks higher at close of trade; DAX up 1.41%

Published 01/24/2020, 01:15 PM
Updated 01/24/2020, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.41%

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

At the close in Frankfurt, the DAX rose 1.41% to hit a new all time high, while the MDAX index gained 1.13%, and the TecDAX index gained 1.76%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 4.46% or 6.000 points to trade at 140.600 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 2.92% or 2.040 points to end at 72.020 and RWE AG ST O.N. (DE:RWEG) was up 2.80% or 0.870 points to 31.920 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 3.30% or 3.52 points to trade at 103.10 at the close. Daimler AG NA O.N. (DE:DAIGn) declined 1.10% or 0.490 points to end at 43.940 and Bayerische Motoren Werke AG (DE:BMWG) was down 0.40% or 0.280 points to 69.410.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 5.21% to 94.540, CompuGroup Medical AG O.N. (DE:COPMa) which was up 2.85% to settle at 63.250 and Siemens Healthineers AG (DE:SHLG) which gained 2.49% to close at 45.09.

The worst performers were K+S AG NA O.N. (DE:SDFGn) which was down 6.14% to 8.690 in late trade, Varta AG (DE:VAR1) which lost 3.07% to settle at 82.200 and Aurubis AG (DE:NAFG) which was down 2.55% to 52.000 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 5.21% to 94.540, Wirecard AG (DE:WDIG) which was up 4.46% to settle at 140.600 and RIB Software AG Na (DE:RIB) which gained 3.40% to close at 20.660.

The worst performers were Varta AG (DE:VAR1) which was down 3.07% to 82.200 in late trade, Morphosys AG O.N. (DE:MORG) which lost 1.33% to settle at 118.800 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 0.18% to 2.769 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 455 to 207 and 88 ended unchanged.

Shares in Continental AG O.N. (DE:CONG) fell to 5-year lows; falling 3.30% or 3.52 to 103.10. Shares in RWE AG ST O.N. (DE:RWEG) rose to 5-year highs; up 2.80% or 0.870 to 31.920. Shares in K+S AG NA O.N. (DE:SDFGn) fell to 5-year lows; losing 6.14% or 0.568 to 8.690. Shares in Siemens Healthineers AG (DE:SHLG) rose to all time highs; up 2.49% or 1.09 to 45.09.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.84% to 13.54.

Gold Futures for February delivery was up 0.43% or 6.75 to $1572.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.46% or 1.37 to hit $54.22 a barrel, while the March Brent oil contract fell 2.35% or 1.46 to trade at $60.58 a barrel.

EUR/USD was down 0.22% to 1.1027, while EUR/GBP rose 0.12% to 0.8431.

The US Dollar Index Futures was up 0.19% at 97.665.

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.