{"id":33406,"date":"2023-07-09T18:51:24","date_gmt":"2023-07-09T22:51:24","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/germany-stocks-higher-at-close-of-trade-dax-up-0-48\/"},"modified":"2023-07-09T18:51:26","modified_gmt":"2023-07-09T22:51:26","slug":"germany-stocks-higher-at-close-of-trade-dax-up-0-48","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=33406","title":{"rendered":"Germany stocks higher at close of trade; DAX up 0.48%"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. Germany stocks higher at close of trade; DAX up 0.48%<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>Investing.com \u2013 Germany stocks were higher after the close on Friday, as gains in the ,  and  sectors led shares higher.<\/p>\n<p>At the close in Frankfurt, the  rose 0.48%, while the  index added 1.15%, and the  index climbed 0.25%.<\/p>\n<p>The best performers of the session on the  were BASF SE NA O.N. (ETR:), which rose 5.06% or 2.18 points to trade at 45.25 at the close. Meanwhile, <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Covestro AG <\/span><\/span> (ETR:) added 2.97% or 1.38 points to end at 47.87 and <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Commerzbank AG <\/span><\/span> O.N. (ETR:) was up 2.59% or 0.26 points to 10.30 in late trade.<\/p>\n<p>The worst performers of the session were <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Heidelbergcement <\/span><\/span> AG O.N. (ETR:), which fell 3.02% or 2.12 points to trade at 68.08 at the close. <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Beiersdorf <\/span><\/span> AG O.N. (ETR:) declined 1.48% or 1.75 points to end at 116.50 and <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Qiagen <\/span><\/span> NV (ETR:) was down 1.16% or 0.48 points to 40.76.<\/p>\n<p>The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:) which rose 4.73% to 7.21, <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Wacker Chemie <\/span><\/span> O.N. (ETR:) which was up 4.55% to settle at 126.45 and <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> HelloFresh SE <\/span><\/span> (ETR:) which gained 4.39% to close at 24.50.<\/p>\n<p>The worst performers were SMA Solar Technology AG (ETR:) which was down 5.30% to 97.35 in late trade, <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Kion Group AG <\/span><\/span> (ETR:) which lost 4.82% to settle at 33.00 and <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Telefonica Deutschland Holding AG <\/span><\/span> (ETR:) which was down 4.14% to 2.38 at the close.<\/p>\n<p>The top performers on the TecDAX were Verbio Vereinigte Bioenergie AG (ETR:) which rose 5.72% to 38.47, <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Morphosys <\/span><\/span> AG O.N. (ETR:) which was up 5.22% to settle at 28.03 and <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Aixtron <\/span><\/span> SE (ETR:) which gained 3.02% to close at 28.68.<\/p>\n<p>The worst performers were SMA Solar Technology AG (ETR:) which was down 5.30% to 97.35 in late trade, Telefonica Deutschland Holding AG (ETR:) which lost 4.14% to settle at 2.38 and <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> United Internet <\/span><\/span> AG NA (ETR:) which was down 2.11% to 12.54 at the close.<\/p>\n<p>Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 397 to 260 and 89 ended unchanged.<\/p>\n<p>Shares in Morphosys AG O.N. (ETR:) rose to 52-week highs; gaining 5.22% or 1.39 to 28.03. Shares in United Internet AG NA (ETR:) fell to 5-year lows; losing 2.11% or 0.27 to 12.54. <\/p>\n<p>The , which measures the implied volatility of DAX options, was down 8.36% to 17.64.<\/p>\n<p>Gold Futures for August delivery was up 0.92% or 17.55 to $1,932.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.95% or 1.40 to hit $73.20 a barrel, while the September Brent oil contract rose 1.71% or 1.31 to trade at $77.83 a barrel.<\/p>\n<p>EUR\/USD was up 0.76% to 1.10, while EUR\/GBP unchanged 0.06% to 0.85.<\/p>\n<p>The US Dollar Index Futures was down 0.90% at 101.94.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/germany-stocks-higher-at-close-of-trade-dax-up-048-3121768\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. Germany stocks higher at close of trade; DAX up 0.48% Investing.com \u2013 Germany stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in Frankfurt, the rose 0.48%, while the index added 1.15%, and the index climbed 0.25%. The best performers of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-33406","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Germany stocks higher at close of trade; DAX up 0.48% | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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