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Germany stocks higher at close of trade; DAX up 0.38%

Published 09/16/2015, 12:15 PM
Updated 09/16/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.38%

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

At the close in Frankfurt, the DAX rose 0.38%, while the MDAX index added 0.97%, and the TecDAX index added 1.07%.

The best performers of the session on the DAX were Adidas AG NA O.N. (XETRA:ADSGN), which rose 2.22% or 1.450 points to trade at 66.880 at the close. Meanwhile, Beiersdorf AG O.N. (XETRA:BEIG) added 1.93% or 1.410 points to end at 74.380 and SAP AG O.N. (XETRA:SAPG) was up 1.70% or 0.990 points to 59.160 in late trade.

The worst performers of the session were E.ON SE NA (XETRA:EONGn), which fell 6.39% or 0.514 points to trade at 7.527 at the close. RWE AG ST O.N. (XETRA:RWEG) declined 4.78% or 0.545 points to end at 10.865 and Commerzbank AG O.N. (XETRA:CBKG) was down 0.84% or 0.085 points to 10.040.

The top performers on the MDAX were Tui AG NA (XETRA:TUIGn) which rose 2.68% to 16.835, Metro AG ST O.N. (XETRA:MEOG) which was up 2.61% to settle at 25.725 and Norma Group AG NA O.N. (XETRA:NOEJ) which gained 2.39% to close at 46.645.

The worst performers were Wacker Chemie O.N. (XETRA:WCHG) which was down 1.12% to 74.270 in late trade, Kloeckner & Co SE NA (XETRA:KCOGn) which lost 0.43% to settle at 8.281 and Gerry Weber Internat.O.N. (XETRA:GWIG) which was down 0.37% to 15.055 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (XETRA:SATG_p) which rose 4.33% to 201.050, Kontron AG O.N. (XETRA:KBCG) which was up 3.87% to settle at 3.223 and Adva Optical Networking SE (XETRA:ADAG) which gained 3.53% to close at 9.500.

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The worst performers were SMA Solar Technology AG (XETRA:S92G) which was down 4.17% to 33.475 in late trade, Nordex SE O.N. (XETRA:NDXG) which lost 0.85% to settle at 25.110 and CompuGroup Medical AG O.N. (XETRA:COPMa) which was down 0.77% to 28.505 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 475 to 202 and 35 ended unchanged.

Shares in E.ON SE NA (XETRA:EONGn) fell to all time lows; losing 6.39% or 0.514 to 7.527. Shares in RWE AG ST O.N. (XETRA:RWEG) fell to all time lows; falling 4.78% or 0.545 to 10.865. Shares in Wacker Chemie O.N. (XETRA:WCHG) fell to 52-week lows; down 1.12% or 0.840 to 74.270. Shares in Gerry Weber Internat.O.N. (XETRA:GWIG) fell to 3-years lows; falling 0.37% or 0.055 to 15.055.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.04% to 24.27.

Gold for December delivery was up 1.75% or 19.30 to $1121.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 5.23% or 2.33 to hit $46.92 a barrel, while the November Brent oil contract rose 4.12% or 1.97 to trade at $49.72 a barrel.

EUR/USD was up 0.34% to 1.1308, while EUR/GBP fell 0.62% to 0.7296.

The US Dollar Index was down 0.41% at 95.37.

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