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Germany stocks higher at close of trade; DAX up 0.51%

Published 05/07/2015, 12:15 PM
Updated 05/07/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.51%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Technology, Construction and Utilities sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.51%, while the MDAX index gained 0.25%, and the TecDAX index gained 1.46%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (XETRA:HEIG), which rose 3.45% or 2.430 points to trade at 72.890 at the close. Meanwhile, Commerzbank AG O.N. (XETRA:CBKG) added 3.41% or 0.405 points to end at 12.265 and Beiersdorf AG O.N. (XETRA:BEIG) was up 3.19% or 2.450 points to 79.260 in late trade.

The worst performers of the session were Allianz SE VNA O.N. (XETRA:ALVG), which fell 4.25% or 6.550 points to trade at 147.650 at the close. Siemens AG NA (XETRA:SIEGn) declined 1.54% or 1.490 points to end at 95.360 and Deutsche Telekom AG Na (XETRA:DTEGn) was down 0.36% or 0.060 points to 16.415.

The top performers on the MDAX were Rheinmetall AG (XETRA:RHMG) which rose 5.41% to 47.805, Fraport AG (XETRA:FRAG) which was up 3.80% to settle at 58.400 and Tag Immobilien AG (XETRA:TEGG) which gained 2.40% to close at 11.530.

The worst performers were Metro AG ST O.N. (XETRA:MEOG) which was down 5.09% to 30.665 in late trade, Bilfinger SE O.N. (XETRA:GBFG) which lost 4.67% to settle at 42.525 and Evonik Industries AG (XETRA:EVKn) which was down 4.13% to 32.000 at the close.

The top performers on the TecDAX were Dialog Semiconductor (XETRA:DLGS) which rose 9.61% to 45.335, Wirecard AG (XETRA:WDIG) which was up 5.53% to settle at 37.675 and Xing AG (XETRA:OBCGn) which gained 4.93% to close at 156.350.

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The worst performers were SMA Solar Technology AG (XETRA:S92G) which was down 4.59% to 13.500 in late trade, CompuGroup Medical AG O.N. (XETRA:COPMa) which lost 3.89% to settle at 25.950 and Nemetschek AG O.N. (XETRA:NEKG) which was down 3.74% to 110.550 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 382 to 358 and 34 ended unchanged.

Shares in Fraport AG (XETRA:FRAG) rose to 5-year highs; rising 3.80% or 2.140 to 58.400. Shares in Dialog Semiconductor (XETRA:DLGS) rose to all time highs; gaining 9.61% or 3.975 to 45.335.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.43% to 23.35.

Gold for June delivery was down 0.66% or 7.90 to $1182.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 2.12% or 1.29 to hit $59.64 a barrel, while the June Brent oil contract fell 2.06% or 1.40 to trade at $66.38 a barrel.

EUR/USD was down 0.59% to 1.1283, while EUR/GBP fell 0.38% to 0.7413.

The US Dollar Index was up 0.55% at 94.71.

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