Germany stocks higher at close of trade; DAX up 0.05%
2022.07.22 20:30
Germany stocks higher at close of trade; DAX up 0.05%
Investing.com – Germany stocks were higher after the close on Friday, as gains in the Software, Retail and Financial Services sectors led shares higher.
At the close in Frankfurt, the DAX rose 0.05%, while the MDAX index gained 0.45%, and the TecDAX index added 0.16%.
The best performers of the session on the DAX were Vonovia SE (ETR:VNAn), which rose 6.51% or 1.95 points to trade at 31.92 at the close. Meanwhile, SAP SE (ETR:SAPG) added 4.45% or 3.92 points to end at 92.06 and Zalando SE (ETR:ZALG) was up 4.24% or 1.21 points to 29.76 in late trade.
The worst performers of the session were Deutsche Telekom AG Na (ETR:DTEGn), which fell 3.04% or 0.57 points to trade at 18.16 at the close. Deutsche Boerse AG (ETR:DB1Gn) declined 2.39% or 3.95 points to end at 161.15 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was down 2.34% or 0.20 points to 8.26.
The top performers on the MDAX were LEG Immobilien AG (ETR:LEGn) which rose 6.21% to 87.18, Delivery Hero AG (ETR:DHER) which was up 5.59% to settle at 43.66 and Tag Immobilien AG (ETR:TEGG) which gained 4.72% to close at 10.20.
The worst performers were Uniper SE (ETR:UN01) which was down 28.90% to 7.46 in late trade, Commerzbank AG O.N. (ETR:CBKG) which lost 4.69% to settle at 6.34 and Telefonica Deutschland Holding AG (ETR:O2Dn) which was down 3.37% to 2.66 at the close.
The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 5.09% to 115.60, SAP SE (ETR:SAPG) which was up 4.45% to settle at 92.06 and Nemetschek AG O.N. (ETR:NEKG) which gained 3.10% to close at 61.20.
The worst performers were Telefonica Deutschland Holding AG (ETR:O2Dn) which was down 3.37% to 2.66 in late trade, Morphosys AG O.N. (ETR:MORG) which lost 3.10% to settle at 21.58 and Deutsche Telekom AG Na (ETR:DTEGn) which was down 3.04% to 18.16 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 373 to 296 and 96 ended unchanged.
Shares in Uniper SE (ETR:UN01) fell to all time lows; falling 28.90% or 3.04 to 7.46.
The DAX volatility index, which measures the implied volatility of DAX options, was down 7.15% to 25.98 a new 1-month low.
Gold Futures for August delivery was up 0.78% or 13.45 to $1,726.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.38% or 0.37 to hit $95.98 a barrel, while the September Brent oil contract rose 0.37% or 0.38 to trade at $104.24 a barrel.
EUR/USD was unchanged 0.00% to 1.02, while EUR/GBP unchanged 0.13% to 0.85.
The US Dollar Index Futures was down 0.47% at 106.30.
