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Germany stocks higher at close of trade; DAX up 0.86%

Published 08/11/2016, 12:15 PM
Updated 08/11/2016, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.86%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Retail, Consumer & Cyclical and Technology sectors led shares higher.

At the close in Frankfurt, the DAX added 0.86% to hit a new 6-months high, while the MDAX index climbed 0.96%, and the TecDAX index climbed 0.89%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 4.05% or 0.610 points to trade at 15.655 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 2.61% or 0.390 points to end at 15.325 and Siemens AG NA (DE:SIEGn) was up 1.90% or 2.000 points to 107.450 in late trade.

The worst performers of the session were Lufthansa AG VNA O.N. (DE:LHAG), which fell 0.41% or 0.045 points to trade at 10.810 at the close. Allianz SE VNA O.N. (DE:ALVG) declined 0.22% or 0.300 points to end at 135.600 and Henkel & Co KGaA AG Pref (DE:HNKG) was 0.00% or 0.000 points to 113.000.

The top performers on the MDAX were Symrise AG Inh. O.N. (DE:SY1G) which rose 5.45% to 68.720, Zalando SE (DE:ZALG) which was up 5.40% to settle at 35.94 and Hella KGaA Hueck & Co (DE:HLE) which gained 3.35% to close at 34.83.

The worst performers were K+S AG NA O.N. (DE:SDFGn) which was down 5.62% to 18.735 in late trade, Stroeer SE (DE:SAXG) which lost 3.02% to settle at 43.125 and Aareal Bank AG (DE:ARLG) which was down 2.95% to 29.590 at the close.

The top performers on the TecDAX were Freenet AG NA (DE:FNTGn) which rose 4.97% to 26.635, Drillisch AG (DE:DRIG) which was up 4.16% to settle at 38.800 and Slm Solution G (DE:AM3D) which gained 3.92% to close at 27.70.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 8.15% to 34.950 in late trade, Siltronic AG (DE:WAFGn) which lost 3.45% to settle at 15.545 and GFT Technologies AG (DE:GFTG) which was down 2.06% to 20.250 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 567 to 325 and 25 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; gaining 2.61% or 0.390 to 15.325. Shares in Siemens AG NA (DE:SIEGn) rose to all time highs; gaining 1.90% or 2.000 to 107.450. Shares in Symrise AG Inh. O.N. (DE:SY1G) rose to all time highs; gaining 5.45% or 3.550 to 68.720. Shares in Slm Solution G (DE:AM3D) rose to all time highs; gaining 3.92% or 1.04 to 27.70.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 17.92.

Gold for December delivery was up 0.07% or 1.00 to $1352.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 4.58% or 1.91 to hit $43.62 a barrel, while the October Brent oil contract rose 4.54% or 2.00 to trade at $46.05 a barrel.

EUR/USD was down 0.12% to 1.1166, while EUR/GBP rose 0.24% to 0.8613.

The US Dollar Index was up 0.05% at 95.64.

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