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Germany stocks higher at close of trade; DAX up 0.34%

Published 07/29/2015, 12:15 PM
Updated 07/29/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.34%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Chemicals, Basic Resources and Telecoms sectors led shares higher.

At the close in Frankfurt, the DAX added 0.34%, while the MDAX index climbed 0.81%, and the TecDAX index gained 0.12%.

The best performers of the session on the DAX were Bayer AG NA (XETRA:BAYGN), which rose 3.93% or 5.100 points to trade at 135.000 at the close. Meanwhile, Merck KGAA O.N. (XETRA:MRCG) added 2.01% or 1.860 points to end at 94.350 and K & S AG NA O.N. (XETRA:SDFGN) was up 1.76% or 0.625 points to 36.125 in late trade.

The worst performers of the session were Heidelbergcement AG O.N. (XETRA:HEIG), which fell 6.32% or 4.480 points to trade at 66.400 at the close. Volkswagen AG VZO O.N. (XETRA:VOWG_p) declined 2.33% or 4.450 points to end at 186.350 and Linde AG O.N. (XETRA:LING) was down 1.90% or 3.250 points to 167.600.

The top performers on the MDAX were Gerresheimer AG (XETRA:GXId) which rose 7.38% to 67.560, Gerry Weber Internat.O.N. (XETRA:GWIG) which was up 4.02% to settle at 22.250 and Wacker Chemie O.N. (XETRA:WCHG) which gained 3.97% to close at 91.130.

The worst performers were GEA Group AG (XETRA:G1AG) which was down 2.61% to 37.555 in late trade, Leoni AG NA O.N. (XETRA:LEOGn) which lost 1.98% to settle at 57.820 and Tag Immobilien AG (XETRA:TEGG) which was down 1.48% to 10.655 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 4.08% to 31.540, Draegerwerk VZO O.N. (XETRA:DRWG_p) which was up 2.85% to settle at 93.970 and Drillisch AG O.N. (XETRA:DRIG) which gained 1.96% to close at 38.235.

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The worst performers were Dialog Semiconductor (XETRA:DLGS) which was down 4.62% to 46.425 in late trade, Pfeiffer Vacuum Technology O.N. (XETRA:PV) which lost 4.23% to settle at 80.980 and Wirecard AG (XETRA:WDIG) which was down 2.36% to 36.000 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 454 to 283 and 41 ended unchanged.

Shares in Gerresheimer AG (XETRA:GXId) rose to all time highs; up 7.38% or 4.645 to 67.560.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.78% to 19.30.

Gold for December delivery was down 0.15% or 1.60 to $1095.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 2.17% or 1.04 to hit $49.02 a barrel, while the September Brent oil contract rose 0.80% or 0.42 to trade at $53.73 a barrel.

EUR/USD was down 0.38% to 1.1018, while EUR/GBP fell 0.42% to 0.7053.

The US Dollar Index was up 0.25% at 97.00.

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