Germany stocks higher at close of trade; DAX up 2.86%

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 2.86% to hit a new 1-month high, while the index gained 1.22%, and the index gained 2.83%.

The best performers of the session on the were SAP SE (DE:), which rose 9.62% or 10.100 points to trade at 115.040 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:) added 4.91% or 7.56 points to end at 161.50 and Covestro AG (DE:) was up 4.80% or 2.080 points to 45.450 in late trade.

The worst performers of the session were Beiersdorf AG O.N. (DE:), which fell 1.29% or 1.350 points to trade at 103.350 at the close. Vonovia SE (DE:) declined 0.64% or 0.30 points to end at 46.51 and RWE AG ST O.N. (DE:) was down 0.52% or 0.140 points to 26.990.

The top performers on the MDAX were Kion Group AG (DE:) which rose 6.98% to 49.95, Duerr AG (DE:) which was up 6.90% to settle at 24.310 and Siltronic AG (DE:) which gained 6.80% to close at 73.480.

The worst performers were Hugo Boss AG NA O.N. (DE:) which was down 13.45% to 38.750 in late trade, Rheinmetall AG (DE:) which lost 2.50% to settle at 110.950 and Gerresheimer AG (DE:) which was down 1.91% to 64.350 at the close.

The top performers on the TecDAX were SAP SE (DE:) which rose 9.62% to 115.040, Siltronic AG (DE:) which was up 6.80% to settle at 73.480 and SMA Solar Technology AG (DE:) which gained 5.21% to close at 24.620.

The worst performers were Carl Zeiss Meditec AG (DE:) which was down 0.10% to 102.400 in late trade, Nordex SE O.N. (DE:) which unchanged 0.00% to settle at 11.190 and Qiagen NV (DE:) which was unchanged 0.00% to 29.440 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 509 to 157 and 85 ended unchanged.

Shares in Hugo Boss AG NA O.N. (DE:) fell to 5-year lows; down 13.45% or 6.020 to 38.750.

The , which measures the implied volatility of DAX options, was down 9.14% to 15.91.

Gold Futures for December delivery was down 0.76% or 11.45 to $1489.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.62% or 0.87 to hit $54.42 a barrel, while the December Brent oil contract rose 1.93% or 1.14 to trade at $60.24 a barrel.

EUR/USD was up 0.42% to 1.1050, while EUR/GBP fell 1.28% to 0.8729.

The US Dollar Index Futures was down 0.44% at 97.972.

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