Germany stocks higher at close of trade; DAX up 0.27%

Investing.com

Published Aug 20, 2021 12:15PM ET

Germany stocks higher at close of trade; DAX up 0.27%

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

At the close in Frankfurt, the DAX rose 0.27%, while the MDAX index added 0.15%, and the TecDAX index gained 0.93%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 2.55% or 0.853 points to trade at 34.300 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.98% or 0.650 points to end at 33.480 and Merck KGaA (DE:MRCG) was up 1.75% or 3.55 points to 206.25 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 1.16% or 0.620 points to trade at 52.800 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 1.09% or 2.12 points to end at 192.44 and MTU Aero Engines NA O.N. (DE:MTXGn) was down 1.07% or 2.12 points to 196.18.

The top performers on the MDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 2.90% to 567.400, Evotec AG O.N. (DE:EVTG) which was up 2.12% to settle at 42.950 and Uniper SE (DE:UN01) which gained 1.93% to close at 33.770.

The worst performers were CTS Eventim AG (DE:EVDG) which was down 2.91% to 53.440 in late trade, Deutsche Lufthansa AG (DE:LHAG) which lost 2.65% to settle at 8.550 and Morphosys AG O.N. (DE:MORG) which was down 2.41% to 45.855 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 2.90% to 567.400, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 2.55% to settle at 34.300 and Evotec AG O.N. (DE:EVTG) which gained 2.12% to close at 42.950.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 2.41% to 45.855 in late trade, S&T AG (DE:SANT1) which lost 1.96% to settle at 18.49 and SMA Solar Technology AG (DE:S92G) which was down 1.63% to 38.700 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 418 to 280 and 78 ended unchanged.

Shares in Merck KGaA (DE:MRCG) rose to all time highs; gaining 1.75% or 3.55 to 206.25. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; gaining 2.90% or 16.000 to 567.400. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; up 2.12% or 0.890 to 42.950. Shares in Uniper SE (DE:UN01) rose to all time highs; gaining 1.93% or 0.640 to 33.770. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to all time highs; gaining 2.90% or 16.000 to 567.400. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; gaining 2.12% or 0.890 to 42.950.

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The DAX volatility index, which measures the implied volatility of DAX options, was down 10.77% to 19.56.

Gold Futures for December delivery was up 0.24% or 4.25 to $1787.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.61% or 1.02 to hit $62.48 a barrel, while the October Brent oil contract fell 1.46% or 0.97 to trade at $65.48 a barrel.

EUR/USD was up 0.17% to 1.1694, while EUR/GBP rose 0.32% to 0.8585.

The US Dollar Index Futures was down 0.06% at 93.528.

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