Investing.com – Germany stocks were higher after the close on Friday, as gains in the Telecoms, Consumer & Cyclical and Technology sectors led shares higher.
At the close in Frankfurt, the DAX rose 2.77%, while the MDAX index added 2.57%, and the TecDAX index gained 3.07%.
The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (XETRA:IFXGn), which rose 4.60% or 0.420 points to trade at 9.543 at the close. Meanwhile, Deutsche Telekom AG Na (XETRA:DTEGn) added 4.43% or 0.680 points to end at 16.025 and Continental AG O.N. (XETRA:CONG) was up 4.42% or 7.750 points to 183.100 in late trade.
The worst performers of the session were Volkswagen AG VZO O.N. (XETRA:VOWG_p), which fell 4.32% or 4.850 points to trade at 107.300 at the close. RWE AG ST O.N. (XETRA:RWEG) declined 1.05% or 0.102 points to end at 9.602 and Lanxess AG (XETRA:LXSG) was up 0.42% or 0.175 points to 42.215.
The top performers on the MDAX were Duerr AG O.N. (XETRA:DUEG) which rose 4.54% to 61.750, Kion Group AG (XETRA:KGX) which was up 4.06% to settle at 38.10 and Hugo Boss AG NA O.N. (XETRA:BOSSn) which gained 3.92% to close at 99.760.
The worst performers were Leoni AG NA O.N. (XETRA:LEOGn) which was down 2.41% to 46.250 in late trade, Elringklinger AG NA O.N. (XETRA:ZILGn) which lost 0.59% to settle at 17.795 and Man SE ST O.N. (XETRA:MANG) which was down 0.36% to 90.760 at the close.
The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 7.99% to 29.730, Jenoptik AG O.N. (XETRA:JENG) which was up 5.31% to settle at 12.500 and Nemetschek AG O.N. (XETRA:NEKG) which gained 5.20% to close at 32.165.
The worst performers were Carl Zeiss Meditec AG (XETRA:AFXG) which was down 1.74% to 24.600 in late trade, Kontron AG O.N. (XETRA:KBCG) which lost 0.23% to settle at 2.601 and Draegerwerk VZO O.N. (XETRA:DRWG_p) which was up 0.03% to 79.830 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 547 to 125 and 39 ended unchanged.
Shares in RWE AG ST O.N. (XETRA:RWEG) fell to all time lows; losing 1.05% or 0.102 to 9.602. Shares in Kontron AG O.N. (XETRA:KBCG) fell to 5-year lows; falling 0.23% or 0.006 to 2.601.
The DAX volatility index, which measures the implied volatility of DAX options, was down 8.17% to 25.98.
Gold for December delivery was down 0.70% or 8.10 to $1145.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.07% or 0.48 to hit $45.39 a barrel, while the November Brent oil contract rose 0.07% or 0.04 to trade at $48.20 a barrel.
EUR/USD was down 0.28% to 1.1200, while EUR/GBP rose 0.19% to 0.7380.
The US Dollar Index was up 0.29% at 96.38.