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Germany stocks higher at close of trade; DAX up 1.29%

Published 05/18/2015, 12:15 PM
Updated 05/18/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.29%

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

At the close in Frankfurt, the DAX gained 1.29%, while the MDAX index added 0.25%, and the TecDAX index climbed 1.20%.

The best performers of the session on the DAX were Fresenius SE & Co KGAA O.N. (XETRA:FREG), which rose 3.33% or 1.820 points to trade at 56.400 at the close. Meanwhile, Volkswagen AG VZO O.N. (XETRA:VOWG_p) added 3.08% or 6.650 points to end at 222.350 and Deutsche Telekom AG Na (XETRA:DTEGn) was up 2.88% or 0.460 points to 16.440 in late trade.

The worst performers of the session were RWE AG ST O.N. (XETRA:RWEG), which fell 1.46% or 0.320 points to trade at 21.655 at the close. Thyssenkrupp AG O.N. (XETRA:TKAG) declined 0.81% or 0.210 points to end at 25.645 and Lufthansa AG VNA O.N. (XETRA:LHAG) was down 0.69% or 0.095 points to 13.690.

The top performers on the MDAX were Gagfah SA Nom. (XETRA:GFJG) which rose 5.22% to 19.050, Wincor Nixdorf O.N. (XETRA:WING) which was up 2.72% to settle at 34.800 and Gerresheimer AG (XETRA:GXId) which gained 2.11% to close at 52.850.

The worst performers were Wacker Chemie O.N. (XETRA:WCHG) which was down 5.93% to 102.350 in late trade, Kloeckner & Co SE NA (XETRA:KCOGn) which lost 3.78% to settle at 8.276 and GEA Group AG (XETRA:G1AG) which was down 2.64% to 42.630 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 8.63% to 17.995, Adva Optical Networking SE (XETRA:ADAG) which was up 5.47% to settle at 6.150 and Sartorius AG VZO O.N. (XETRA:SATG_p) which gained 2.89% to close at 154.800.

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The worst performers were Cancom SE O.N. (XETRA:COKG) which was down 2.21% to 36.255 in late trade, Bechtle AG O.N. (XETRA:BC8G) which lost 1.74% to settle at 65.680 and Jenoptik AG O.N. (XETRA:JENG) which was down 1.56% to 11.050 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 458 to 269 and 43 ended unchanged.

Shares in RWE AG ST O.N. (XETRA:RWEG) fell to 52-week lows; down 1.46% or 0.320 to 21.655. Shares in Adva Optical Networking SE (XETRA:ADAG) rose to 3-years highs; gaining 5.47% or 0.319 to 6.150. Shares in Sartorius AG VZO O.N. (XETRA:SATG_p) rose to all time highs; gaining 2.89% or 4.350 to 154.800.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.29% to 20.74.

Gold for June delivery was up 0.04% or 0.50 to $1225.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.43% or 0.26 to hit $60.28 a barrel, while the July Brent oil contract fell 0.83% or 0.56 to trade at $66.25 a barrel.

EUR/USD was down 0.98% to 1.1337, while EUR/GBP fell 0.59% to 0.7237.

The US Dollar Index was up 0.83% at 94.07.

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