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Germany stocks higher at close of trade

Published 02/27/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Telecom, Pharmaceuticals & Healthcare and Industrial sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.66% to hit a new all time high, while the MDAX index gained 0.86%, and the TecDAX index climbed 0.18%.

The best performers of the session on the DAX were Fresenius SE & Co KGAA O.N. (XETRA:FREG), which rose 3.41% or 1.690 points to trade at 51.180 at the close. Meanwhile, Deutsche Telekom AG Na (XETRA:DTEGn) added 2.96% or 0.480 points to end at 16.670 and Fresenius Medical Care KGAA ST (XETRA:FMEG) was up 2.44% or 1.740 points to 73.170 in late trade.

The worst performers of the session were BASF SE NA O.N. (XETRA:BASFN), which fell 1.57% or 1.370 points to trade at 85.650 at the close. Infineon Technologies AG NA O.N. (XETRA:IFXGn) declined 0.81% or 0.085 points to end at 10.345 and Lufthansa AG VNA O.N. (XETRA:LHAG) was down 0.57% or 0.075 points to 13.100.

The top performers on the MDAX were Airbus Group (XETRA:AIRG) which rose 6.81% to 55.060, Rhoen-Klinikum O.N. (XETRA:RHKG) which was up 3.83% to settle at 23.470 and Kion Group AG (XETRA:KGX) which gained 2.60% to close at 38.94.

The worst performers were Salzgitter AG O.N. (XETRA:SZGG) which was down 6.71% to 25.525 in late trade, Hochtief AG (XETRA:HOTG) which lost 2.48% to settle at 70.120 and Gerresheimer AG (XETRA:GXId) which was down 2.19% to 51.350 at the close.

The top performers on the TecDAX were Stratec Biomedical (XETRA:SBSG) which rose 3.91% to 45.195, Nemetschek AG O.N. (XETRA:NEKG) which was up 2.13% to settle at 117.350 and Nordex SE O.N. (XETRA:NDXG) which gained 1.93% to close at 18.705.

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The worst performers were LPKF Laser & Electronics (XETRA:LPKG) which was down 2.82% to 12.250 in late trade, Aixtron SE NA O.N. (XETRA:AIXGn) which lost 2.58% to settle at 7.164 and Pfeiffer Vacuum Technology O.N. (XETRA:PV) which was down 1.57% to 74.070 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 453 to 292 and 29 ended unchanged.

Shares in Deutsche Telekom AG Na (XETRA:DTEGn) rose to all time highs; rising 2.96% or 0.480 to 16.670. Shares in Fresenius Medical Care KGAA ST (XETRA:FMEG) rose to all time highs; rising 2.44% or 1.740 to 73.170. Shares in Airbus Group (XETRA:AIRG) rose to 52-week highs; rising 6.81% or 3.510 to 55.060. Shares in Kion Group AG (XETRA:KGX) rose to all time highs; rising 2.60% or 0.98 to 38.94. Shares in Nemetschek AG O.N. (XETRA:NEKG) rose to all time highs; rising 2.13% or 2.450 to 117.350. Shares in Nordex SE O.N. (XETRA:NDXG) rose to 3-year highs; gaining 1.93% or 0.355 to 18.705.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.79% to 14.66 a new 1-month low.

Gold for April delivery was up 0.49% or 5.90 to $1216.00 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April rose 1.95% or 0.94 to hit $49.11 a barrel, while the April Brent Oil contract rose 2.82% or 1.70 to trade at $61.74 a barrel.

EUR/USD was down 0.07% to 1.1191, while EUR/GBP fell 0.25% to 0.7250.

The US Dollar Index was unchanged 0.00% at 95.35.

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