Germany stocks higher at close of trade; DAX up 1.04%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology , Software and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.04%, while the MDAX index added 0.28%, and the TecDAX index added 0.94%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn ), which rose 2.97% or 0.89 points to trade at 30.82 at the close. Meanwhile, MTU Aero Engines NA O.N. (ETR:MTXGn ) added 2.94% or 9.20 points to end at 322.20 and Deutsche Bank AG NA O.N. (ETR:DBKGn ) was up 2.03% or 0.32 points to 16.07 in late trade.

The worst performers of the session were Sartorius AG VZO O.N. (ETR:SATG_p ), which fell 1.58% or 3.50 points to trade at 217.80 at the close. Brenntag AG (ETR:BNRGn ) declined 1.17% or 0.72 points to end at 61.00 and Beiersdorf AG O.N. (ETR:BEIG ) was down 0.53% or 0.65 points to 122.65.

The top performers on the MDAX were Kion Group AG (ETR:KGX ) which rose 3.43% to 33.77, Delivery Hero AG (ETR:DHER ) which was up 1.97% to settle at 38.74 and HelloFresh SE (ETR:HFGG ) which gained 1.67% to close at 11.56.

The worst performers were Hugo Boss AG NA O.N. (ETR:BOSSn ) which was down 2.82% to 32.07 in late trade, Hypoport AG (ETR:HYQGn ) which lost 1.92% to settle at 194.20 and Tag Immobilien AG (ETR:TEGG ) which was down 1.57% to 15.72 at the close.

The top performers on the TecDAX were Infineon Technologies AG NA O.N. (ETR:IFXGn ) which rose 2.97% to 30.82, SMA Solar Technology AG (ETR:S92G ) which was up 2.86% to settle at 13.66 and Eckert & Ziegler AG O.N. (ETR:EUZG ) which gained 1.81% to close at 46.06.

The worst performers were Evotec AG O.N. (ETR:EVTG ) which was down 2.43% to 8.83 in late trade, Sartorius AG VZO O.N. (ETR:SATG_p ) which lost 1.58% to settle at 217.80 and Bechtle AG (ETR:BC8G ) which was down 1.21% to 31.10 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 339 to 294 and 25 ended unchanged.

Shares in MTU Aero Engines NA O.N. (ETR:MTXGn ) rose to all time highs; rising 2.94% or 9.20 to 322.20. Shares in Hugo Boss AG NA O.N. (ETR:BOSSn ) fell to 3-years lows; losing 2.82% or 0.93 to 32.07. Shares in Bechtle AG (ETR:BC8G ) fell to 3-years lows; falling 1.21% or 0.38 to 31.10.

The DAX volatility index , which measures the implied volatility of DAX options, was down 4.50% to 15.13 a new 1-month low.

Gold Futures for February delivery was up 0.74% or 19.81 to $2,684.61 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.01% or 0.01 to hit $68.73 a barrel, while the February Brent oil contract fell 0.48% or 0.35 to trade at $72.43 a barrel.

EUR/USD was unchanged 0.02% to 1.06, while EUR/GBP unchanged 0.13% to 0.83.

The US Dollar Index Futures was down 0.03% at 106.02.

Source: Investing.com