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Germany stocks higher at close of trade; DAX up 1.08%

Published 04/09/2015, 12:15 PM
Updated 04/09/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.08%

© Reuters. Germany stocks higher at close of trade; DAX up 1.08%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Media, Transportation & Logistics and Construction sectors led shares higher.

At the close in Frankfurt, the DAX added 1.08%, while the MDAX index added 1.39%, and the TecDAX index gained 1.38%.

The best performers of the session on the DAX were Bay.Motoren Werke AG ST (XETRA:BMWG), which rose 2.60% or 2.950 points to trade at 116.200 at the close. Meanwhile, Continental AG O.N. (XETRA:CONG) added 2.59% or 5.700 points to end at 225.550 and K & S AG NA O.N. (XETRA:SDFGN) was up 2.15% or 0.675 points to 32.125 in late trade.

The worst performers of the session were Thyssenkrupp AG O.N. (XETRA:TKAG), which fell 1.13% or 0.285 points to trade at 24.905 at the close. Commerzbank AG O.N. (XETRA:CBKG) declined 0.11% or 0.015 points to end at 13.235 and Muench. Rueckvers. VNA O.N. (XETRA:MUVGn) was up 0.10% or 0.200 points to 203.000.

The top performers on the MDAX were Rheinmetall AG (XETRA:RHMG) which rose 4.12% to 48.010, Norma Group AG NA O.N. (XETRA:NOEJ) which was up 3.02% to settle at 50.580 and STADA Arzneimittel VNA O.N. (XETRA:STAGn) which gained 2.91% to close at 33.275.

The worst performers were Wincor Nixdorf O.N. (XETRA:WING) which was down 1.01% to 46.130 in late trade, Kuka AG (XETRA:KU2G) which lost 0.76% to settle at 70.870 and Salzgitter AG O.N. (XETRA:SZGG) which was down 0.64% to 28.635 at the close.

The top performers on the TecDAX were Wirecard AG (XETRA:WDIG) which rose 4.84% to 41.030, Stratec Biomedical (XETRA:SBSG) which was up 3.80% to settle at 49.495 and SMA Solar Technology AG (XETRA:S92G) which gained 3.54% to close at 13.290.

The worst performers were Cancom SE O.N. (XETRA:COKG) which was down 0.39% to 38.235 in late trade, Nemetschek AG O.N. (XETRA:NEKG) which lost 0.26% to settle at 113.100 and Telefonica Deutschland Holding AG (XETRA:O2Dn) which was down 0.09% to 5.385 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 572 to 161 and 34 ended unchanged.

Shares in Norma Group AG NA O.N. (XETRA:NOEJ) rose to all time highs; gaining 3.02% or 1.485 to 50.580.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.84% to 17.32.

Gold for June delivery was down 0.70% or 8.40 to $1194.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.49% or 0.75 to hit $51.17 a barrel, while the May Brent oil contract rose 2.78% or 1.54 to trade at $57.09 a barrel.

EUR/USD was down 1.07% to 1.0665, while EUR/GBP fell 0.12% to 0.7241.

The US Dollar Index was up 0.91% at 99.15.

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