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Germany stocks higher at close of trade; DAX up 0.46%

Published 10/22/2021, 12:15 PM
Updated 10/22/2021, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.46%

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

At the close in Frankfurt, the DAX rose 0.46%, while the MDAX index gained 0.31%, and the TecDAX index added 0.43%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 2.12% or 4.07 points to trade at 195.86 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 1.97% or 0.745 points to end at 38.645 and Bayerische Motoren Werke AG (DE:BMWG) was up 1.65% or 1.390 points to 85.650 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 3.70% or 4.40 points to trade at 114.40 at the close. Zalando SE (DE:ZALG) declined 1.51% or 1.23 points to end at 80.23 and Airbus Group SE (DE:AIRG) was down 1.47% or 1.64 points to 109.74.

The top performers on the MDAX were K&S AG (DE:SDFGn) which rose 2.79% to 13.805, AUTO1 Group SE (DE:AG1G) which was up 2.77% to settle at 33.04 and Nemetschek AG O.N. (DE:NEKG) which gained 1.94% to close at 98.800.

The worst performers were TeamViewer AG (DE:TMV) which was down 4.85% to 13.25 in late trade, Scout24 AG (DE:G24n) which lost 1.18% to settle at 61.920 and Deutsche Lufthansa AG (DE:LHAG) which was down 1.10% to 5.468 at the close.

The top performers on the TecDAX were Infineon Technologies AG NA O.N. (DE:IFXGn) which rose 1.97% to 38.645, Nemetschek AG O.N. (DE:NEKG) which was up 1.94% to settle at 98.800 and Varta AG (DE:VAR1) which gained 1.88% to close at 127.100.

The worst performers were TeamViewer AG (DE:TMV) which was down 4.85% to 13.25 in late trade, Morphosys AG O.N. (DE:MORG) which lost 3.09% to settle at 38.795 and SMA Solar Technology AG (DE:S92G) which was down 2.20% to 41.820 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 387 to 301 and 77 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; up 1.97% or 0.745 to 38.645. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; gaining 1.94% or 1.880 to 98.800. Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; gaining 1.97% or 0.745 to 38.645. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; gaining 1.94% or 1.880 to 98.800.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.23% to 16.03.

Gold Futures for December delivery was up 0.43% or 7.65 to $1789.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.85% or 0.70 to hit $83.20 a barrel, while the December Brent oil contract rose 0.65% or 0.55 to trade at $85.16 a barrel.

EUR/USD was up 0.03% to 1.1624, while EUR/GBP rose 0.43% to 0.8461.

The US Dollar Index Futures was down 0.01% at 93.752.

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