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Germany stocks higher at close of trade; DAX up 2.79%

Stock Markets Mar 29, 2022 01:15PM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 2.79%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Technology and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX gained 2.79% to hit a new 1-month high, while the MDAX index gained 2.00%, and the TecDAX index added 2.77%.

The best performers of the session on the DAX were Delivery Hero AG (DE:DHER), which rose 15.48% or 5.96 points to trade at 44.47 at the close. Meanwhile, HelloFresh SE (DE:HFGG) added 10.41% or 4.17 points to end at 44.22 and Continental AG O.N. (DE:CONG) was up 9.99% or 6.55 points to 72.14 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (DE:FMEG), which fell 1.25% or 0.76 points to trade at 59.98 at the close. Linde PLC (DE:LINI) added 0.02% or 0.05 points to end at 291.90 and Deutsche Boerse AG (DE:DB1Gn) was up 0.46% or 0.75 points to 164.35.

The top performers on the MDAX were Rational AG (DE:RAAG) which rose 7.82% to 656.00, Jungheinrich AG O.N.VZO (DE:JUNG_p) which was up 7.34% to settle at 27.48 and Cancom SE O.N. (DE:COKG) which gained 6.58% to close at 57.38.

The worst performers were K&S AG (DE:SDFGn) which was down 10.68% to 25.52 in late trade, Aurubis AG (DE:NAFG) which lost 5.07% to settle at 107.75 and Rheinmetall AG (DE:RHMG) which was down 4.27% to 186.00 at the close.

The top performers on the TecDAX were Eckert & Ziegler AG O.N. (DE:EUZG) which rose 8.55% to 62.20, Cancom SE O.N. (DE:COKG) which was up 6.58% to settle at 57.38 and Suse SA (DE:SUSEG) which gained 6.34% to close at 29.86.

The worst performers were Verbio Vereinigte Bioenergie AG (DE:VBKG) which was down 0.87% to 68.45 in late trade, Jenoptik AG (DE:JENGn) which lost 0.53% to settle at 29.78 and Freenet AG NA (DE:FNTGn) which was down 0.50% to 23.94 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 502 to 186 and 75 ended unchanged.

Shares in Deutsche Boerse AG (DE:DB1Gn) rose to 52-week highs; gaining 0.46% or 0.75 to 164.35.

The DAX volatility index, which measures the implied volatility of DAX options, was down 11.06% to 27.03 a new 1-month low.

Gold Futures for April delivery was down 1.39% or 27.00 to $1,912.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 2.40% or 2.54 to hit $103.42 a barrel, while the June Brent oil contract fell 2.26% or 2.47 to trade at $107.02 a barrel.

EUR/USD was up 0.94% to 1.11, while EUR/GBP rose 1.07% to 0.85.

The US Dollar Index Futures was down 0.55% at 98.51.

Germany stocks higher at close of trade; DAX up 2.79%
 

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