Germany stocks higher at close of trade; DAX up 0.83%

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

At the close in Frankfurt, the DAX gained 0.83%, while the MDAX index added 1.14%, and the TecDAX index added 1.12%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG ), which rose 6.36% or 1.76 points to trade at 29.43 at the close. Meanwhile, Vonovia SE (ETR:VNAn ) added 4.76% or 1.37 points to end at 30.18 and Brenntag AG (ETR:BNRGn ) was up 4.41% or 2.56 points to 60.64 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (ETR:DBKGn ), which fell 2.86% or 0.46 points to trade at 15.55 at the close. Commerzbank AG O.N. (ETR:CBKG ) declined 1.54% or 0.24 points to end at 15.35 and Airbus Group SE (ETR:AIRG ) was down 1.13% or 1.58 points to 137.88.

The top performers on the MDAX were Tag Immobilien AG (ETR:TEGG ) which rose 5.99% to 15.21, LEG Immobilien AG (ETR:LEGn ) which was up 5.78% to settle at 87.80 and Gerresheimer AG (ETR:GXIG ) which gained 4.83% to close at 73.85.

The worst performers were Thyssenkrupp AG O.N. (ETR:TKAG ) which was down 2.16% to 3.80 in late trade, Wacker Chemie O.N. (ETR:WCHG ) which lost 1.61% to settle at 70.90 and Bilfinger SE O.N. (ETR:GBFG ) which was down 1.01% to 44.30 at the close.

The top performers on the TecDAX were Eckert & Ziegler AG O.N. (ETR:EUZG ) which rose 7.84% to 39.88, SMA Solar Technology AG (ETR:S92G ) which was up 3.85% to settle at 11.86 and Sartorius AG VZO O.N. (ETR:SATG_p ) which gained 3.48% to close at 211.10.

The worst performers were Evotec AG O.N. (ETR:EVTG ) which was down 15.59% to 8.50 in late trade, Cancom SE O.N. (ETR:COKG ) which lost 3.67% to settle at 23.10 and Nagarro SE (ETR:NA9n ) which was down 1.93% to 93.85 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 437 to 194 and 27 ended unchanged.

Shares in Wacker Chemie O.N. (ETR:WCHG ) fell to 3-years lows; down 1.61% or 1.16 to 70.90.

The DAX volatility index , which measures the implied volatility of DAX options, was down 7.34% to 17.05.

Gold Futures for December delivery was up 1.22% or 32.65 to $2,707.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.18% or 0.83 to hit $70.93 a barrel, while the January Brent oil contract rose 0.96% or 0.71 to trade at $74.94 a barrel.

EUR/USD was down 0.69% to 1.04, while EUR/GBP unchanged 0.16% to 0.83.

The US Dollar Index Futures was up 0.63% at 107.60.

Source: Investing.com