Germany stocks higher at close of trade; DAX up 1.15%

Investing.com

Published Nov 08, 2022 01:15PM ET

Germany stocks higher at close of trade; DAX up 1.15%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Technology, Retail and Consumer & Cyclical sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.15% to hit a new 1-month high, while the MDAX index climbed 1.64%, and the TecDAX index climbed 3.24%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 7.07% or 1.86 points to trade at 28.18 at the close. Meanwhile, Sartorius AG VZO O.N. (ETR:SATG_p) added 6.27% or 21.60 points to end at 365.90 and Qiagen NV (ETR:QIA) was up 5.28% or 2.22 points to 44.24 in late trade.

The worst performers of the session were Bayer AG NA (ETR:BAYGN), which fell 4.75% or 2.58 points to trade at 51.70 at the close. Porsche Automobil Holding SE (ETR:PSHG_p) declined 1.68% or 0.98 points to end at 57.34 and Puma SE (ETR:PUMG) was down 1.38% or 0.64 points to 45.58.

The top performers on the MDAX were Aixtron SE (ETR:AIXGn) which rose 6.35% to 26.81, Fraport AG (ETR:FRAG) which was up 4.90% to settle at 42.41 and Bechtle AG (ETR:BC8G) which gained 4.73% to close at 36.99.

The worst performers were ADTRAN Holdingsa Inc (ETR:QH9) which was down 1.44% to 20.50 in late trade, Commerzbank AG O.N. (ETR:CBKG) which lost 0.96% to settle at 8.25 and Rheinmetall AG (ETR:RHMG) which was down 0.35% to 157.25 at the close.

The top performers on the TecDAX were Infineon Technologies AG NA O.N. (ETR:IFXGn) which rose 7.07% to 28.18, Aixtron SE (ETR:AIXGn) which was up 6.35% to settle at 26.81 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 6.27% to close at 365.90.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 2.20% to 19.98 in late trade, Hensoldt Ag (ETR:HAGG) which lost 1.58% to settle at 21.80 and ADTRAN Holdingsa Inc (ETR:QH9) which was down 1.44% to 20.50 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 462 to 210 and 81 ended unchanged.

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The DAX volatility index, which measures the implied volatility of DAX options, was down 2.58% to 22.62 a new 1-month low.

Gold Futures for December delivery was up 2.33% or 39.20 to $1,719.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.67% or 1.53 to hit $90.26 a barrel, while the January Brent oil contract fell 1.36% or 1.33 to trade at $96.59 a barrel.

EUR/USD was up 0.73% to 1.01, while EUR/GBP unchanged 0.17% to 0.87.

The US Dollar Index Futures was down 0.65% at 109.27.

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