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Germany stocks higher at close of trade; DAX up 0.32%

Published 09/02/2015, 12:15 PM
Updated 09/02/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.32%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Telecoms, Food & Beverages and Financial Services sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.32%, while the MDAX index added 0.40%, and the TecDAX index gained 0.78%.

The best performers of the session on the DAX were Deutsche Boerse NA O.N. (XETRA:DB1Gn), which rose 1.93% or 1.500 points to trade at 79.190 at the close. Meanwhile, Deutsche Telekom AG Na (XETRA:DTEGn) added 1.89% or 0.280 points to end at 15.110 and Bayer AG NA (XETRA:BAYGN) was up 1.11% or 1.300 points to 118.350 in late trade.

The worst performers of the session were RWE AG ST O.N. (XETRA:RWEG), which fell 1.60% or 0.210 points to trade at 12.895 at the close. E.ON SE NA (XETRA:EONGn) declined 1.22% or 0.121 points to end at 9.763 and Volkswagen AG VZO O.N. (XETRA:VOWG_p) was down 0.82% or 1.350 points to 163.000.

The top performers on the MDAX were Kloeckner & Co SE NA (XETRA:KCOGn) which rose 2.48% to 8.147, Osram Licht (XETRA:OSRn) which was up 1.98% to settle at 47.432 and Deutsche Annington Immobilien SE (XETRA:ANNGn) which gained 1.77% to close at 28.98.

The worst performers were Bilfinger SE O.N. (XETRA:GBFG) which was down 1.44% to 34.890 in late trade, Wincor Nixdorf O.N. (XETRA:WING) which lost 1.18% to settle at 36.720 and Elringklinger AG NA O.N. (XETRA:ZILGn) which was down 1.14% to 20.345 at the close.

The top performers on the TecDAX were PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which rose 3.89% to 11.750, BB Biotech AG (XETRA:BIONn) which was up 3.60% to settle at 262.000 and SMA Solar Technology AG (XETRA:S92G) which gained 2.45% to close at 33.720.

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The worst performers were Cancom SE O.N. (XETRA:COKG) which was down 0.97% to 29.180 in late trade, Software AG O.N. (XETRA:SOWG) which lost 0.56% to settle at 24.015 and Bechtle AG O.N. (XETRA:BC8G) which was down 0.28% to 75.500 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 405 to 251 and 50 ended unchanged.

Shares in RWE AG ST O.N. (XETRA:RWEG) fell to all time lows; falling 1.60% or 0.210 to 12.895. Shares in Elringklinger AG NA O.N. (XETRA:ZILGn) fell to 3-years lows; down 1.14% or 0.235 to 20.345.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.27% to 28.96.

Gold for December delivery was down 0.46% or 5.30 to $1134.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 3.79% or 1.72 to hit $43.69 a barrel, while the October Brent oil contract fell 2.63% or 1.30 to trade at $48.26 a barrel.

EUR/USD was down 0.65% to 1.1242, while EUR/GBP fell 0.69% to 0.7342.

The US Dollar Index was up 0.44% at 95.81.

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