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Germany stocks higher at close of trade; DAX up 2.45%

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Reuters

© Reuters. Germany stocks higher at close of trade; DAX up 2.45%

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

At the close in Frankfurt, the gained 2.45%, while the index added 1.87%, and the index gained 1.83%.

The best performers of the session on the were Commerzbank AG O.N. (DE:), which rose 18.02% or 1.151 points to trade at 7.537 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:) added 11.80% or 1.615 points to end at 15.300 and Thyssenkrupp AG O.N. (DE:) was up 8.68% or 1.120 points to 14.020 in late trade.

The worst performers of the session were Adidas AG NA O.N. (DE:), which fell 1.02% or 0.910 points to trade at 88.140 at the close. Infineon Technologies AG NA O.N. (DE:) added 0.19% or 0.020 points to end at 10.500 and SAP AG O.N. (DE:) was up 0.60% or 0.390 points to 65.290.

The top performers on the MDAX were Salzgitter AG O.N. (DE:) which rose 16.11% to 20.330, Gerry Weber Internat.O.N. (DE:) which was up 9.30% to settle at 12.985 and Gerresheimer AG (DE:) which gained 8.76% to close at 63.960.

The worst performers were Fielmann AG O.N. (DE:) which was down 1.70% to 65.910 in late trade, Osram Licht (DE:) which lost 1.65% to settle at 37.396 and Elringklinger AG NA O.N. (DE:) which was down 1.40% to 19.680 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:) which rose 5.32% to 4.319, Nemetschek AG O.N. (DE:) which was up 5.28% to settle at 36.090 and BB Biotech AG (DE:) which gained 4.54% to close at 194.500.

The worst performers were LPKF Laser & Electronics (DE:) which was down 4.66% to 5.724 in late trade, Kontron AG O.N. (DE:) which lost 3.72% to settle at 2.869 and CompuGroup Medical AG O.N. (DE:) which was down 1.83% to 32.250 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 506 to 186 and 28 ended unchanged.

Shares in LPKF Laser & Electronics (DE:) fell to 3-years lows; losing 4.66% or 0.280 to 5.724.

The , which measures the implied volatility of DAX options, was down 5.38% to 30.80.

Gold for April delivery was down 0.88% or 11.00 to $1236.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 10.28% or 2.69 to hit $28.91 a barrel, while the April Brent oil contract rose 8.42% or 2.53 to trade at $32.59 a barrel.

EUR/USD was down 0.79% to 1.1234, while EUR/GBP fell 0.78% to 0.7763.

The US Dollar Index was up 0.48% at 96.10.

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Reuters

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