Germany stocks higher at close of trade; DAX up 3.33%
2022.09.02 20:30
Germany stocks were higher after the close on Friday, as gains in the Industrials, Technology and Retail sectors led shares higher.
At the close in Frankfurt, the DAX added 3.33%, while the MDAX index gained 3.06%, and the TecDAX index gained 2.56%.
The best performers of the session on the DAX were Volkswagen AG VZO O.N. (ETR:VOWG_p), which rose 6.69% or 9.34 points to trade at 148.96 at the close. Meanwhile, Deutsche Bank AG NA O.N. (ETR:DBKGn) added 5.45% or 0.44 points to end at 8.57 and Siemens AG Class N (ETR:SIEGn) was up 5.28% or 5.26 points to 104.88 in late trade.
The worst performers of the session were Henkel & Co KGaA AG Pref (ETR:HNKG_p), which fell 0.63% or 0.40 points to trade at 62.92 at the close. Siemens Healthineers AG (ETR:SHLG) added 1.18% or 0.57 points to end at 49.03 and Qiagen NV (ETR:QIA) was up 1.49% or 0.67 points to 45.67.
The top performers on the MDAX were Commerzbank AG O.N. (ETR:CBKG) which rose 6.62% to 6.99, Thyssenkrupp AG O.N. (ETR:TKAG) which was up 6.28% to settle at 5.79 and Sixt SE (ETR:SIXG) which gained 5.97% to close at 102.10.
The worst performers were Encavis AG (ETR:ECVG) which was down 2.04% to 20.60 in late trade, Hugo Boss AG NA O.N. (ETR:BOSSn) which gained 0.11% to settle at 53.96 and Vantage Towers AG (ETR:VTWRn) which was up 0.16% to 25.46 at the close.
The top performers on the TecDAX were CompuGroup Medical AG O.N. (ETR:COP1n) which rose 6.70% to 39.20, Siltronic AG (ETR:WAFGn) which was up 5.56% to settle at 69.25 and Cancom SE O.N. (ETR:COKG) which gained 5.13% to close at 28.26.
The worst performers were Vantage Towers AG (ETR:VTWRn) which was up 0.16% to 25.46 in late trade, Suse SA (ETR:SUSEG) which gained 0.67% to settle at 19.50 and 11 AG (ETR:1U1) which was up 0.94% to 16.16 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 524 to 143 and 87 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was down 10.20% to 26.24.
Gold Futures for December delivery was up 0.93% or 15.85 to $1,725.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.10% or 0.95 to hit $87.56 a barrel, while the November Brent oil contract rose 1.44% or 1.33 to trade at $93.69 a barrel.
EUR/USD was unchanged 0.18% to 1.00, while EUR/GBP unchanged 0.45% to 0.87.
The US Dollar Index Futures was down 0.13% at 109.53.
