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Germany stocks higher at close of trade; DAX up 0.40%

Published 04/21/2015, 12:15 PM
Updated 04/21/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.40%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Software, Technology and Media sectors led shares higher.

At the close in Frankfurt, the DAX added 0.40%, while the MDAX index climbed 0.94%, and the TecDAX index gained 1.05%.

The best performers of the session on the DAX were SAP AG O.N. (XETRA:SAPG), which rose 2.27% or 1.530 points to trade at 68.940 at the close. Meanwhile, Infineon Technologies AG NA O.N. (XETRA:IFXGn) added 1.57% or 0.180 points to end at 11.680 and Lanxess AG (XETRA:LXSG) was up 1.45% or 0.710 points to 49.725 in late trade.

The worst performers of the session were Commerzbank AG O.N. (XETRA:CBKG), which fell 1.43% or 0.180 points to trade at 12.400 at the close. Volkswagen AG VZO O.N. (XETRA:VOWG_p) declined 1.21% or 2.800 points to end at 228.000 and RWE AG ST O.N. (XETRA:RWEG) was down 1.00% or 0.245 points to 24.300.

The top performers on the MDAX were Osram Licht (XETRA:OSRn) which rose 5.13% to 50.931, Prosiebensat 1 Media AG (XETRA:PSMGn) which was up 2.49% to settle at 48.185 and Tui AG NA (XETRA:TUIGn) which gained 2.18% to close at 17.095.

The worst performers were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which was down 3.12% to 11.795 in late trade, RTL Group SA (XETRA:RRTL) which lost 3.12% to settle at 88.560 and Kloeckner & Co SE NA (XETRA:KCOGn) which was down 2.97% to 8.850 at the close.

The top performers on the TecDAX were Xing AG (XETRA:OBCGn) which rose 6.10% to 158.400, Software AG O.N. (XETRA:SOWG) which was up 3.82% to settle at 26.200 and Dialog Semiconductor (XETRA:DLGS) which gained 2.56% to close at 43.330.

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The worst performers were SMA Solar Technology AG (XETRA:S92G) which was down 2.42% to 14.325 in late trade, Aixtron SE NA O.N. (XETRA:AIXGn) which lost 1.74% to settle at 6.773 and Carl Zeiss Meditec AG (XETRA:AFXG) which was down 1.73% to 22.730 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 503 to 244 and 29 ended unchanged.

Shares in Osram Licht (XETRA:OSRn) rose to all time highs; rising 5.13% or 2.487 to 50.931.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.36% to 20.88.

Gold for June delivery was up 0.39% or 4.60 to $1198.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.79% or 0.46 to hit $57.42 a barrel, while the June Brent oil contract fell 1.21% or 0.77 to trade at $62.69 a barrel.

EUR/USD was up 0.15% to 1.0754, while EUR/GBP fell 0.17% to 0.7191.

The US Dollar Index was down 0.14% at 98.02.

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