Germany stocks higher at close of trade; DAX up 1.72%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Software , Consumer & Cyclical and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.72%, while the MDAX index gained 0.81%, and the TecDAX index gained 2.07%.

The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG ), which rose 9.28% or 46.00 points to trade at 541.80 at the close. Meanwhile, Heidelberg Materials AG (ETR:HEIG ) added 6.36% or 6.85 points to end at 114.60 and Adidas AG (ETR:ADSGN ) was up 4.60% or 9.80 points to 222.90 in late trade.

The worst performers of the session were Fresenius SE & Co KGAA O.N. (ETR:FREG ), which fell 2.68% or 0.93 points to trade at 33.79 at the close. E.ON SE (ETR:EONGn ) declined 1.72% or 0.21 points to end at 11.99 and Deutsche Bank AG NA O.N. (ETR:DBKGn ) was down 1.11% or 0.18 points to 15.99.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG ) which rose 6.91% to 3.50, Puma SE (ETR:PUMG ) which was up 5.68% to settle at 45.76 and Hugo Boss AG NA O.N. (ETR:BOSSn ) which gained 5.59% to close at 43.06.

The worst performers were CTS Eventim AG (ETR:EVDG ) which was down 8.22% to 86.55 in late trade, Lanxess AG (ETR:LXSG ) which lost 5.61% to settle at 24.24 and TeamViewer AG (ETR:TMV ) which was down 4.36% to 11.18 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG ) which rose 9.24% to 7.86, CompuGroup Medical AG O.N. (ETR:COP1n ) which was up 7.14% to settle at 15.01 and Kontron AG (ETR:KTN ) which gained 5.78% to close at 17.94.

The worst performers were TeamViewer AG (ETR:TMV ) which was down 4.36% to 11.18 in late trade, SUSS MicroTec SE (ETR:SMHNn ) which lost 4.08% to settle at 51.70 and PNE Wind AG (ETR:PNEGn ) which was down 1.43% to 11.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 366 to 260 and 33 ended unchanged.

Shares in Heidelberg Materials AG (ETR:HEIG ) rose to all time highs; up 6.36% or 6.85 to 114.60.

The DAX volatility index , which measures the implied volatility of DAX options, was down 6.70% to 17.44.

Gold Futures for December delivery was up 1.00% or 26.65 to $2,702.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.49% or 0.35 to hit $72.04 a barrel, while the January Brent oil contract rose 0.59% or 0.44 to trade at $75.36 a barrel.

EUR/USD was up 0.59% to 1.08, while EUR/GBP unchanged 0.19% to 0.83.

The US Dollar Index Futures was down 0.60% at 104.36.

Source: Investing.com