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Germany stocks higher at close of trade

Published 03/05/2015, 12:15 PM
Updated 03/05/2015, 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 Technology, Industrial and Construction sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.00% to hit a new all time high, while the MDAX index climbed 1.42%, and the TecDAX index gained 1.34%.

The best performers of the session on the DAX were Adidas AG NA O.N. (XETRA:ADSGN), which rose 3.43% or 2.370 points to trade at 71.370 at the close. Meanwhile, Infineon Technologies AG NA O.N. (XETRA:IFXGn) added 2.43% or 0.255 points to end at 10.750 and Thyssenkrupp AG O.N. (XETRA:TKAG) was up 2.32% or 0.540 points to 23.845 in late trade.

The worst performers of the session were Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p), which fell 0.85% or 0.900 points to trade at 104.600 at the close. Lufthansa AG VNA O.N. (XETRA:LHAG) declined 0.54% or 0.070 points to end at 12.990 and Allianz SE VNA O.N. (XETRA:ALVG) was down 0.20% or 0.300 points to 150.750.

The top performers on the MDAX were Wacker Chemie O.N. (XETRA:WCHG) which rose 6.44% to 107.500, Airbus Group (XETRA:AIRG) which was up 4.85% to settle at 59.259 and Kloeckner & Co SE NA (XETRA:KCOGn) which gained 4.45% to close at 9.442.

The worst performers were Deutsche Annington Immobilien SE (XETRA:ANNGn) which was down 3.17% to 33.00 in late trade, Evonik Industries AG (XETRA:EVKn) which lost 2.85% to settle at 30.000 and Gagfah SA Nom. (XETRA:GFJG) which was down 1.58% to 20.285 at the close.

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The top performers on the TecDAX were BB Biotech AG (XETRA:BIONn) which rose 4.52% to 283.100, Cancom SE O.N. (XETRA:COKG) which was up 4.38% to settle at 36.015 and Xing AG (XETRA:OBCGn) which gained 3.88% to close at 135.050.

The worst performers were Sartorius AG VZO O.N. (XETRA:SATG_p) which was down 1.94% to 124.000 in late trade, PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which lost 1.83% to settle at 12.370 and Kontron AG O.N. (XETRA:KBCG) which was down 1.34% to 6.167 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 552 to 168 and 41 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (XETRA:IFXGn) rose to 5-year highs; up 2.43% or 0.255 to 10.750. Shares in Wacker Chemie O.N. (XETRA:WCHG) rose to 3-year highs; rising 6.44% or 6.500 to 107.500. Shares in Airbus Group (XETRA:AIRG) rose to all time highs; rising 4.85% or 2.741 to 59.259. Shares in BB Biotech AG (XETRA:BIONn) rose to all time highs; rising 4.52% or 12.250 to 283.100. Shares in Xing AG (XETRA:OBCGn) rose to all time highs; gaining 3.88% or 5.050 to 135.050.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.97% to 15.05.

Gold for April delivery was down 0.07% or 0.80 to $1200.10 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 0.54% or 0.28 to hit $51.25 a barrel, while the April Brent Oil contract rose 0.26% or 0.15 to trade at $60.70 a barrel.

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EUR/USD was down 0.73% to 1.0998, while EUR/GBP fell 0.43% to 0.7226.

The US Dollar Index was up 0.60% at 96.55.

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