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Germany stocks higher at close of trade; DAX up 2.12%

Published 05/05/2021, 12:15 PM
Updated 05/05/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 2.12%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Transportation & Logistics, Chemicals and Software sectors led shares higher.

At the close in Frankfurt, the DAX rose 2.12%, while the MDAX index added 1.54%, and the TecDAX index climbed 1.24%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 5.49% or 3.020 points to trade at 58.000 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 3.25% or 6.85 points to end at 217.30 and BASF SE NA O.N. (DE:BASFN) was up 3.24% or 2.175 points to 69.235 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 4.26% or 1.437 points to trade at 32.273 at the close. Delivery Hero AG (DE:DHER) declined 4.22% or 5.40 points to end at 122.50 and Merck KGaA (DE:MRCG) was down 3.46% or 5.07 points to 141.33.

The top performers on the MDAX were Rational AG (DE:RAAG) which rose 12.73% to 770.40, K&S AG (DE:SDFGn) which was up 7.95% to settle at 9.862 and Aurubis AG (DE:NAFG) which gained 5.52% to close at 76.100.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 10.48% to 71.130 in late trade, Aixtron SE (DE:AIXGn) which lost 4.61% to settle at 16.788 and Alstria Office Reit-Ag (DE:AOXG) which was down 4.02% to 14.560 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 5.92% to 45.460, LPKF Laser & Electronics (DE:LPKG) which was up 5.19% to settle at 21.880 and Varta AG (DE:VAR1) which gained 3.62% to close at 118.900.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 10.48% to 71.130 in late trade, Aixtron SE (DE:AIXGn) which lost 4.61% to settle at 16.788 and Infineon Technologies AG NA O.N. (DE:IFXGn) which was down 4.26% to 32.273 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 519 to 176 and 52 ended unchanged.

Shares in Morphosys AG O.N. (DE:MORG) fell to 52-week lows; falling 10.48% or 8.330 to 71.130. Shares in Aurubis AG (DE:NAFG) rose to 52-week highs; up 5.52% or 3.980 to 76.100. Shares in Morphosys AG O.N. (DE:MORG) fell to 52-week lows; down 10.48% or 8.330 to 71.130.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.97% to 21.18.

Gold Futures for June delivery was up 0.45% or 7.95 to $1783.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.65% or 0.43 to hit $66.12 a barrel, while the July Brent oil contract rose 0.81% or 0.56 to trade at $69.44 a barrel.

EUR/USD was down 0.14% to 1.1996, while EUR/GBP fell 0.27% to 0.8627.

The US Dollar Index Futures was up 0.42% at 91.308.

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