Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks higher at close of trade; DAX up 0.64%

Published 04/06/2016, 12:15 PM
Updated 04/06/2016, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.64%

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

At the close in Frankfurt, the DAX added 0.64%, while the MDAX index climbed 0.81%, and the TecDAX index climbed 1.06%.

The best performers of the session on the DAX were Merck KGAA O.N. (DE:MRCG), which rose 2.67% or 1.990 points to trade at 76.410 at the close. Meanwhile, Thyssenkrupp AG O.N. (DE:TKAG) added 1.93% or 0.350 points to end at 18.510 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 1.70% or 1.310 points to 78.220 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 1.03% or 0.115 points to trade at 11.015 at the close. Daimler AG NA O.N. (DE:DAIGn) declined 0.95% or 0.600 points to end at 62.500 and Lufthansa AG VNA O.N. (DE:LHAG) was down 0.62% or 0.085 points to 13.690.

The top performers on the MDAX were DMG Mori Seiki AG (DE:GILG) which rose 4.67% to 41.500, Aareal Bank AG (DE:ARLG) which was up 2.89% to settle at 28.435 and STADA Arzneimittel VNA O.N. (DE:STAGn) which gained 2.71% to close at 36.205.

The worst performers were Gerry Weber Internat.O.N. (DE:GWIG) which was down 1.59% to 12.050 in late trade, Aurubis AG (DE:NAFG) which lost 1.45% to settle at 42.080 and Norma Group AG NA O.N. (DE:NOEJ) which was down 0.85% to 47.290 at the close.

The top performers on the TecDAX were QSC AG NA O.N. (DE:QSCG) which rose 9.81% to 1.209, Morphosys AG O.N. (DE:MORG) which was up 7.00% to settle at 47.400 and Evotec AG O.N. (DE:EVTG) which gained 6.32% to close at 3.380.

The worst performers were Draegerwerk VZO O.N. (DE:DRWG_p) which was down 2.41% to 57.210 in late trade, PSI AG F.Pr.U.Sys. NA (DE:PSAGn) which lost 1.90% to settle at 13.450 and LPKF Laser & Electronics (DE:LPKG) which was down 1.52% to 6.401 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 516 to 299 and 34 ended unchanged.

Shares in DMG Mori Seiki AG (DE:GILG) rose to all time highs; up 4.67% or 1.850 to 41.500.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.31% to 22.41.

Gold for June delivery was down 0.26% or 3.20 to $1226.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 4.79% or 1.72 to hit $37.61 a barrel, while the June Brent oil contract rose 4.83% or 1.83 to trade at $39.70 a barrel.

EUR/USD was up 0.30% to 1.1418, while EUR/GBP rose 0.37% to 0.8069.

The US Dollar Index was down 0.27% at 94.35.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.