Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks higher at close of trade

Published 02/12/2015, 12:15 PM
Updated 02/12/2015, 12:15 PM
© Reuters. Germany stocks higher at close of trade

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Food & Beverage, Basic Resources and Construction sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.56% to hit a new all time high, while the MDAX index climbed 1.84%, and the TecDAX index added 1.49%.

The best performers of the session on the DAX were Deutsche Post AG NA O.N. (XETRA:DPWGn), which rose 4.10% or 1.140 points to trade at 28.935 at the close. Meanwhile, Heidelbergcement AG O.N. (XETRA:HEIG) added 3.53% or 2.370 points to end at 69.590 and Deutsche Bank AG NA O.N. (XETRA:DBKGn) was up 3.17% or 0.845 points to 27.505 in late trade.

The worst performers of the session were Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p), which fell 0.69% or 0.700 points to trade at 100.700 at the close. Commerzbank AG O.N. (XETRA:CBKG) declined 0.31% or 0.035 points to end at 11.240 and Fresenius SE & Co KGAA O.N. (XETRA:FREG) was down 0.31% or 0.150 points to 48.330.

The top performers on the MDAX were Bilfinger SE O.N. (XETRA:GBFG) which rose 9.97% to 55.600, Gerresheimer AG (XETRA:GXId) which was up 5.27% to settle at 49.195 and Metro AG ST O.N. (XETRA:MEOG) which gained 5.26% to close at 30.610.

The worst performers were MTU Aero Engines NA O.N. (XETRA:MTXGn) which was down 4.75% to 79.080 in late trade, Elringklinger AG NA O.N. (XETRA:ZILGn) which lost 0.31% to settle at 30.650 and Rhoen-Klinikum O.N. (XETRA:RHKG) which was down 0.22% to 22.600 at the close.

The top performers on the TecDAX were LPKF Laser & Electronics (XETRA:LPKG) which rose 14.74% to 11.430, Sartorius AG VZO O.N. (XETRA:SATG_p) which was up 7.50% to settle at 113.950 and Adva Optical Networking SE (XETRA:ADAG) which gained 5.44% to close at 3.179.

The worst performers were Stratec Biomedical (XETRA:SBSG) which was down 2.15% to 43.100 in late trade, Kontron AG O.N. (XETRA:KBCG) which lost 1.63% to settle at 5.991 and QSC AG NA O.N. (XETRA:QSCG) which was down 1.35% to 1.966 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 549 to 184 and 27 ended unchanged.

Shares in Deutsche Post AG NA O.N. (XETRA:DPWGn) rose to all time highs; rising 4.10% or 1.140 to 28.935. Shares in Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p) fell to all time highs; losing 0.69% or 0.700 to 100.700. Shares in Kontron AG O.N. (XETRA:KBCG) fell to 52-week highs; losing 1.63% or 0.099 to 5.991.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.84% to 19.66.

Gold for April delivery was up 0.29% or 3.50 to $1223.10 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 3.62% or 1.77 to hit $50.61 a barrel, while the April Brent Oil contract rose 4.77% or 2.67 to trade at $58.59 a barrel.

EUR/USD was up 0.65% to 1.1408, while EUR/GBP fell 0.28% to 0.7417.

The US Dollar Index was down 1.02% at 94.19.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.