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Germany stocks higher at close of trade; DAX up 1.65%

Published 06/07/2016, 12:15 PM
Updated 06/07/2016, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.65%

© Reuters. Germany stocks higher at close of trade; DAX up 1.65%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Chemicals, Construction and Media sectors led shares higher.

At the close in Frankfurt, the DAX added 1.65%, while the MDAX index added 1.25%, and the TecDAX index climbed 0.85%.

The best performers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 3.13% or 2.790 points to trade at 91.970 at the close. Meanwhile, BASF SE NA O.N. (DE:BASFN) added 2.70% or 1.860 points to end at 70.690 and Heidelbergcement AG O.N. (DE:HEIG) was up 2.64% or 1.970 points to 76.460 in late trade.

The worst performers of the session were Muench. Rueckvers. VNA O.N. (DE:MUVGn), which rose 0.31% or 0.500 points to trade at 162.150 at the close. Beiersdorf AG O.N. (DE:BEIG) added 0.61% or 0.510 points to end at 83.780 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 0.66% or 0.440 points to 66.840.

The top performers on the MDAX were Leoni AG NA O.N. (DE:LEOGn) which rose 4.42% to 30.225, K+S AG NA O.N. (DE:SDFGn) which was up 4.23% to settle at 22.065 and Stroeer SE (DE:SAXG) which gained 3.00% to close at 48.765.

The worst performers were STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 0.57% to 48.550 in late trade, Rhoen-Klinikum O.N. (DE:RHKG) which lost 0.49% to settle at 27.295 and CTS Eventim AG (DE:EVDG) which was down 0.40% to 29.795 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 4.74% to 9.060, Suess Microtec NA O.N. (DE:SMHNn) which was up 2.54% to settle at 7.321 and Nordex SE O.N. (DE:NDXG) which gained 2.29% to close at 28.155.

The worst performers were RIB Software AG Na (DE:RIB) which was down 1.11% to 9.000 in late trade, GFT Technologies AG (DE:GFTG) which lost 0.80% to settle at 21.635 and Slm Solution G (DE:AM3D) which was down 0.53% to 25.22 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 642 to 235 and 31 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.16% to 20.52.

Gold for August delivery was down 0.24% or 2.95 to $1244.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.72% or 0.36 to hit $50.05 a barrel, while the August Brent oil contract rose 1.15% or 0.58 to trade at $51.13 a barrel.

EUR/USD was down 0.04% to 1.1351, while EUR/GBP fell 0.85% to 0.7796.

The US Dollar Index was down 0.14% at 93.90.

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