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Germany stocks higher at close of trade; DAX up 0.20%

Stock Markets57 minutes ago (Mar 11, 2021 02:15PM ET)

(C) Reuters. Germany stocks higher at close of trade; DAX up 0.20%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Retail, Technology and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX added 0.20% to hit a new all time high, while the MDAX index gained 1.16%, and the TecDAX index climbed 1.65%.

The best performers of the session on the DAX were Delivery Hero AG (DE:DHER), which rose 3.90% or 4.05 points to trade at 107.90 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 3.62% or 1.188 points to end at 33.968 and Adidas AG (DE:ADSGN) was up 3.07% or 8.90 points to 299.20 in late trade.

The worst performers of the session were Bayer AG NA (DE:BAYGN), which fell 3.33% or 1.81 points to trade at 52.56 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 2.61% or 2.115 points to end at 78.960 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 1.98% or 1.77 points to 87.84.

The top performers on the MDAX were HelloFresh SE (DE:HFGG) which rose 6.08% to 61.10, Aixtron SE (DE:AIXGn) which was up 5.95% to settle at 18.113 and Varta AG (DE:VAR1) which gained 4.45% to close at 114.900.

The worst performers were Lanxess AG (DE:LXSG) which was down 4.73% to 63.985 in late trade, Hugo Boss AG NA O.N. (DE:BOSSn) which lost 3.56% to settle at 32.770 and Metro Wholesale & Food Specialist AG (DE:B4B) which was down 2.74% to 9.5240 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 7.12% to 22.260, Aixtron SE (DE:AIXGn) which was up 5.95% to settle at 18.113 and Eckert & Ziegler AG O.N. (DE:EUZG) which gained 5.73% to close at 61.850.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 1.29% to 2.365 in late trade, Freenet AG NA (DE:FNTGn) which lost 0.39% to settle at 19.922 and Qiagen NV (DE:QIA) which was down 0.31% to 40.140 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 404 to 284 and 68 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.56% to 20.19 a new 52-week low.

Gold Futures for April delivery was down 0.01% or 0.20 to $1721.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.08% or 1.34 to hit $65.78 a barrel, while the May Brent oil contract rose 2.22% or 1.51 to trade at $69.41 a barrel.

EUR/USD was up 0.52% to 1.1986, while EUR/GBP rose 0.17% to 0.8573.

The US Dollar Index Futures was down 0.44% at 91.427.

Germany stocks higher at close of trade; DAX up 0.20%

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