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 1.73%

Published 07/09/2021, 12:15 PM
Updated 07/09/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.73%

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

At the close in Frankfurt, the DAX gained 1.73%, while the MDAX index added 1.24%, and the TecDAX index climbed 0.55%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 6.19% or 12.40 points to trade at 212.65 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 3.85% or 3.250 points to end at 87.590 and BASF SE NA O.N. (DE:BASFN) was up 3.74% or 2.450 points to 68.015 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 2.22% or 2.70 points to trade at 119.15 at the close. Siemens Energy AG (DE:ENR1n) declined 1.15% or 0.30 points to end at 25.88 and Deutsche Boerse AG (DE:DB1Gn) was down 0.24% or 0.350 points to 144.450.

The top performers on the MDAX were Porsche Automobil Holding SE (DE:PSHG_p) which rose 6.10% to 92.900, Duerr AG (DE:DUEG) which was up 5.91% to settle at 34.420 and Software AG (DE:SOWGn) which gained 4.94% to close at 40.120.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 2.47% to 17.360 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 2.21% to settle at 465.000 and HelloFresh SE (DE:HFGG) which was down 1.77% to 82.34 at the close.

The top performers on the TecDAX were Software AG (DE:SOWGn) which rose 4.94% to 40.120, Telefonica Deutschland Holding AG (DE:O2Dn) which was up 4.25% to settle at 2.430 and S&T AG (DE:SANT1) which gained 3.17% to close at 20.84.

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

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 2.47% to 17.360 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 2.21% to settle at 465.000 and Carl Zeiss Meditec AG (DE:AFXG) which was down 0.54% to 166.250 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 537 to 147 and 70 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 11.67% to 17.87.

Gold Futures for August delivery was up 0.55% or 9.85 to $1810.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.02% or 1.47 to hit $74.41 a barrel, while the September Brent oil contract rose 1.81% or 1.34 to trade at $75.46 a barrel.

EUR/USD was up 0.18% to 1.1863, while EUR/GBP fell 0.24% to 0.8569.

The US Dollar Index Futures was down 0.18% at 92.243.

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.