Germany stocks higher at close of trade; DAX up 1.57%

© Reuters. Germany stocks higher at close of trade; DAX up 1.57%

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

At the close in Frankfurt, the DAX rose 1.57%, while the MDAX index climbed 0.94%, and the TecDAX index climbed 2.12%.

The best performers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 5.10% or 0.93 points to trade at 19.16 at the close. Meanwhile, E.ON SE (ETR:EONGn) added 4.48% or 0.47 points to end at 10.85 and Deutsche Boerse AG (ETR:DB1Gn) was up 4.24% or 7.00 points to 171.95 in late trade.

The worst performers of the session were Vonovia SE (ETR:VNAn), which fell 4.42% or 0.89 points to trade at 19.23 at the close. Deutsche Bank AG NA O.N. (ETR:DBKGn) declined 1.29% or 0.12 points to end at 9.48 and Continental AG O.N. (ETR:CONG) was down 0.90% or 0.60 points to 66.24.

The top performers on the MDAX were Evotec AG O.N. (ETR:EVTG) which rose 6.69% to 18.33, Talanx AG NA O.N. (ETR:TLXGn) which was up 3.51% to settle at 41.30 and Software AG (ETR:SOWGn) which gained 3.49% to close at 19.87.

The worst performers were Aroundtown Property Holdings PLC (ETR:AT1) which was down 10.21% to 2.04 in late trade, Tag Immobilien AG (ETR:TEGG) which lost 4.51% to settle at 6.57 and HelloFresh SE (ETR:HFGG) which was down 3.80% to 16.84 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (ETR:MORG) which rose 7.37% to 14.64, Evotec AG O.N. (ETR:EVTG) which was up 6.69% to settle at 18.33 and CompuGroup Medical AG O.N. (ETR:COP1n) which gained 4.45% to close at 46.02.

The worst performers were Varta AG (ETR:VAR1) which was down 1.52% to 28.42 in late trade, Hensoldt Ag (ETR:HAGG) which unchanged 0.00% to settle at 34.00 and Deutsche Telekom AG Na (ETR:DTEGn) which was up 0.30% to 21.74 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 458 to 222 and 76 ended unchanged.

Shares in E.ON SE (ETR:EONGn) rose to 52-week highs; up 4.48% or 0.47 to 10.85. Shares in HelloFresh SE (ETR:HFGG) fell to 3-years lows; falling 3.80% or 0.67 to 16.84. Shares in Deutsche Telekom AG Na (ETR:DTEGn) rose to all time highs; up 0.30% or 0.07 to 21.74.

The DAX volatility index, which measures the implied volatility of DAX options, was down 13.64% to 24.94.

Gold Futures for April delivery was down 0.40% or 7.75 to $1,923.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.06% or 0.72 to hit $68.33 a barrel, while the May Brent oil contract rose 1.28% or 0.94 to trade at $74.63 a barrel.

EUR/USD was unchanged 0.27% to 1.06, while EUR/GBP unchanged 0.10% to 0.88.

The US Dollar Index Futures was down 0.11% at 104.16.